An escrow agreement is a contract that outlines the terms and conditions between parties involved, and the responsibility of each. Company shall pay the Escrow Agent its fee within ten (10) days after the Escrow Amount is refunded to purchasers.Escrow agreements are contracts used to ensure that all parties involved meet the terms outlined within the contracts. Escrowed shares are shares held in an escrow account pending the completion of a corporate action or the elapse of a time period leading to an event. "Escrow Account" shall have the meaning given in the Contribution Agreement. An escrow agreement refers to a contract that outlines the terms and conditions of a transaction for something of value – such as a bond, deed, or asset. 1.2 ESCROW AGENT has designated the following attorneys to serve as signatories: . This Agreement will then be filed as part of. Do not complete this field if your spouse has received income because writing "cash payment" in the "Income Type" field is sufficient.