Common use of Release of Escrow Securities Clause in Contracts

Release of Escrow Securities. On *_____________, 2002, the date the Issuer's securities are listed on a Canadian exchange (the listing date) 1/6 of your escrow securities Three months after the listing date 1/5 of your remaining escrow securities Six months after the listing date 1/4 of your remaining escrow securities Nine months after the listing date 1/3 of your remaining escrow securities 12 months after the listing date 1/2 of your remaining escrow securities 15 months after the listing date your remaining escrow securities