A share escrow agreement is a contract that allows a third party to hold money or anothe financial asset on behalf of someone else. An escrow agreement is a contract that outlines the terms and conditions between parties involved, and the responsibility of each.The laws of the State of Minnesota will govern any legal proceeding concerning this agreement. A stock escrow agreement is a legal contract used to protect the interests of both a company and its shareholders. The Purchaser agrees to deposit with the Escrow Agent the Escrow Shares at or prior to Closing. Refunding Bonds and the Refunded Bonds under and pursuant to Minnesota Statutes,. Agreement, be paid to the successors of the decedent, as designated in the escrow agreement;​. The parties to the transfer or closing as well as the escrow agent are responsible for ensuring that the escrow agreement complies with this chapter. Agreement, the parties expressly agree that venue shall be exclusively in the State of Minnesota,. The term also includes the holder or assignee at any time of the vendor's interest in a contract for deed.