Connecticut Escrow Agreement between The TriZetto Group, Inc., the Finserv Securityholders, Stuart Schloss and Bankers Trust Co.

• Category: Corporations - Public - Escrow
• State: Multi-State
• Control #: US-EG-9153
• Format: Word; Rich Text

Description

Escrow Agreement between The Trizetto Group, Inc., the Finserv Securityholders, Stuart Schloss and Bankers Trust Company of California dated December 22, 1999. 27 pages Connecticut Escrow Agreement is a legally binding document that outlines the terms and conditions of an escrow arrangement between The Trident Group, Inc., Finger Security holders, Stuart Schloss, and Bankers Trust Co. This agreement establishes a secure mechanism to hold funds or assets until certain conditions or obligations are fulfilled. The purpose of the Connecticut Escrow Agreement is to protect the interests of all parties involved and ensure the smooth execution of the specified transaction. The agreement serves as a safeguard, providing a neutral third-party (Bankers Trust Co.) to hold assets, funds, or other securities until agreed-upon conditions are met. KEYWORD: Connecticut Escrow Agreement A Connecticut Escrow Agreement can be of different types, depending on the specific requirements of the parties involved. Some common classifications include: 1. Purchase and Sale Escrow Agreement: This type of agreement is often used in real estate transactions, where the escrow funds are held until all the conditions for closing the sale are met. 2. Intellectual Property (IP) Escrow Agreement: In cases where software or other intellectual property is being licensed or transferred, an IP escrow agreement is utilized. It ensures that the escrow agent will hold the source code or related materials, providing access to the licensee under specific circumstances. 3. Merger and Acquisition (M&A) Escrow Agreement: In M&A transactions, an escrow agreement may be employed to hold a portion of the purchase price or securities until certain post-closing obligations, such as indemnification claims or financial adjustments, are resolved. 4. Litigation Escrow Agreement: This type of agreement is commonly used in legal matters, where funds or assets are placed in escrow pending the resolution of a lawsuit or settlement. These are just a few examples of the various types of Connecticut Escrow Agreements that can exist between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. Each agreement is tailored to suit the specific circumstances and requirements of the parties involved, ensuring a fair and secure arrangement that protects the interests of all stakeholders.

Connecticut Escrow Agreement is a legally binding document that outlines the terms and conditions of an escrow arrangement between The Trident Group, Inc., Finger Security holders, Stuart Schloss, and Bankers Trust Co. This agreement establishes a secure mechanism to hold funds or assets until certain conditions or obligations are fulfilled. The purpose of the Connecticut Escrow Agreement is to protect the interests of all parties involved and ensure the smooth execution of the specified transaction. The agreement serves as a safeguard, providing a neutral third-party (Bankers Trust Co.) to hold assets, funds, or other securities until agreed-upon conditions are met. KEYWORD: Connecticut Escrow Agreement A Connecticut Escrow Agreement can be of different types, depending on the specific requirements of the parties involved. Some common classifications include: 1. Purchase and Sale Escrow Agreement: This type of agreement is often used in real estate transactions, where the escrow funds are held until all the conditions for closing the sale are met. 2. Intellectual Property (IP) Escrow Agreement: In cases where software or other intellectual property is being licensed or transferred, an IP escrow agreement is utilized. It ensures that the escrow agent will hold the source code or related materials, providing access to the licensee under specific circumstances. 3. Merger and Acquisition (M&A) Escrow Agreement: In M&A transactions, an escrow agreement may be employed to hold a portion of the purchase price or securities until certain post-closing obligations, such as indemnification claims or financial adjustments, are resolved. 4. Litigation Escrow Agreement: This type of agreement is commonly used in legal matters, where funds or assets are placed in escrow pending the resolution of a lawsuit or settlement. These are just a few examples of the various types of Connecticut Escrow Agreements that can exist between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. Each agreement is tailored to suit the specific circumstances and requirements of the parties involved, ensuring a fair and secure arrangement that protects the interests of all stakeholders.