Iowa 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 The Iowa Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. is a legally binding document that outlines the terms and conditions for holding and managing funds in a secure escrow account. This agreement serves as a safeguard for all parties involved by establishing a designated escrow agent, in this case, Bankers Trust Co., to act as a neutral third party responsible for receiving, holding, and distributing funds as per the instructions outlined in the agreement. One of the main purposes of the Iowa Escrow Agreement is to ensure the protection of the Finger Security holders' interests. These security holders, who have invested in Finger, will have their funds placed in the escrow account to mitigate any potential risks or uncertainties associated with the transaction. Stuart Schloss, a key player in the agreement, may act as the representative for the Finger Security holders, advocating for their rights and ensuring their interests are respected throughout the escrow process. While the specific details and provisions of the Iowa Escrow Agreement may vary depending on the unique circumstances of the transaction, it typically includes vital sections such as: 1. Purpose: Clearly defines the purpose of the agreement and the intentions of all parties involved, emphasizing the need for a secure and reliable escrow arrangement. 2. Deposits and Releases: Specifies the conditions and requirements for making deposits into the escrow account, as well as the circumstances under which funds will be released. 3. Disbursements: Outlines the approved disbursement schedule and the criteria that need to be satisfied before funds can be distributed. 4. Termination: Highlights the conditions under which the escrow agreement can be terminated, including mutual agreement, completion of the agreed-upon objectives, or expiration. It's important to note that the Iowa Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. can vary in different scenarios. For instance, there may be a separate agreement if Stuart Schloss acts as an independent escrow agent instead of representing the Finger Security holders. In conclusion, the Iowa Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. establishes a legally binding framework for secure fund management and distribution. This agreement serves to protect the interests of the Finger Security holders and ensure a smooth and transparent escrow process.

The Iowa Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. is a legally binding document that outlines the terms and conditions for holding and managing funds in a secure escrow account. This agreement serves as a safeguard for all parties involved by establishing a designated escrow agent, in this case, Bankers Trust Co., to act as a neutral third party responsible for receiving, holding, and distributing funds as per the instructions outlined in the agreement. One of the main purposes of the Iowa Escrow Agreement is to ensure the protection of the Finger Security holders' interests. These security holders, who have invested in Finger, will have their funds placed in the escrow account to mitigate any potential risks or uncertainties associated with the transaction. Stuart Schloss, a key player in the agreement, may act as the representative for the Finger Security holders, advocating for their rights and ensuring their interests are respected throughout the escrow process. While the specific details and provisions of the Iowa Escrow Agreement may vary depending on the unique circumstances of the transaction, it typically includes vital sections such as: 1. Purpose: Clearly defines the purpose of the agreement and the intentions of all parties involved, emphasizing the need for a secure and reliable escrow arrangement. 2. Deposits and Releases: Specifies the conditions and requirements for making deposits into the escrow account, as well as the circumstances under which funds will be released. 3. Disbursements: Outlines the approved disbursement schedule and the criteria that need to be satisfied before funds can be distributed. 4. Termination: Highlights the conditions under which the escrow agreement can be terminated, including mutual agreement, completion of the agreed-upon objectives, or expiration. It's important to note that the Iowa Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. can vary in different scenarios. For instance, there may be a separate agreement if Stuart Schloss acts as an independent escrow agent instead of representing the Finger Security holders. In conclusion, the Iowa Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. establishes a legally binding framework for secure fund management and distribution. This agreement serves to protect the interests of the Finger Security holders and ensure a smooth and transparent escrow process.