Escrow Contribution. At the Closing, the Escrow Amount shall be deposited by the Purchaser into an escrow account (the "Escrow Account") with Chase Bank, N.A. (the "Escrow Agent") to be established and distributed in accordance with the terms and conditions set forth in this Agreement and the escrow agreement, which shall be in substantially the form attached hereto as EXHIBIT C (the "Escrow Agreement"). The amount in the Escrow Account is called the "Escrow Fund".
Appears in 2 contracts
Sources: Stock and Asset Purchase Agreement (Netoptix Corp), Stock and Asset Purchase Agreement (Netoptix Corp)