Idaho 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 An Idaho Escrow Agreement is a legally binding contract that outlines the terms and conditions for the safekeeping of assets and funds. In this specific case, the agreement is formed between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. The purpose of this agreement is to establish a neutral third party, the escrow agent, who will hold and disburse the assets and funds in accordance with the agreed-upon instructions. The Trident Group, Inc., a renowned technology company in the healthcare industry, has entered into this Idaho Escrow Agreement to ensure the proper transfer of assets related to its acquisition of Finger. Finger Security holders, which refers to the individuals or entities holding securities or other financial instruments issued by Finger, will be involved in this transaction. Stuart Schloss, whose role in this agreement may vary, is likely to be an appointed representative of either The Trident Group, Inc. or the Finger Security holders. His participation can be attributed to his expertise in financial matters or his position within the involved parties. Bankers Trust Co., recognized as a reputable financial institution, has been chosen as the escrow agent responsible for the custody and management of the assets during the transition period. Bankers Trust Co. is entrusted with safeguarding the assets until the conditions specified in the agreement are met. The Idaho Escrow Agreement stipulates the terms and conditions regarding the release of the funds and assets held in escrow. It will define the specific circumstances under which the funds can be disbursed and the conditions that must be met for the release to occur. These conditions may include completion of certain milestones, regulatory approvals, or specific dates. The agreement may also outline the distribution of funds among the parties involved, considering the respective shares or interests. It may establish the escrow agent's role in mediating any disputes that may arise throughout the process, acting as a neutral party ensuring transparency and fairness. It is worth noting that there can be various types of Idaho Escrow Agreements between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co., depending on the specific transaction at hand. For instance, there might be separate agreements for different aspects of the acquisition, such as an escrow agreement for the transfer of shares or an escrow agreement for the protection of intellectual property rights. Each agreement would address the unique requirements and considerations associated with the specific assets or funds involved. In summary, an Idaho Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. serves as a vital legal tool to ensure a secure and orderly transfer of assets and funds. This agreement facilitates trust and accountability among the parties involved, and by involving a reputable escrow agent like Bankers Trust Co., it provides an extra layer of protection and impartiality.

An Idaho Escrow Agreement is a legally binding contract that outlines the terms and conditions for the safekeeping of assets and funds. In this specific case, the agreement is formed between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. The purpose of this agreement is to establish a neutral third party, the escrow agent, who will hold and disburse the assets and funds in accordance with the agreed-upon instructions. The Trident Group, Inc., a renowned technology company in the healthcare industry, has entered into this Idaho Escrow Agreement to ensure the proper transfer of assets related to its acquisition of Finger. Finger Security holders, which refers to the individuals or entities holding securities or other financial instruments issued by Finger, will be involved in this transaction. Stuart Schloss, whose role in this agreement may vary, is likely to be an appointed representative of either The Trident Group, Inc. or the Finger Security holders. His participation can be attributed to his expertise in financial matters or his position within the involved parties. Bankers Trust Co., recognized as a reputable financial institution, has been chosen as the escrow agent responsible for the custody and management of the assets during the transition period. Bankers Trust Co. is entrusted with safeguarding the assets until the conditions specified in the agreement are met. The Idaho Escrow Agreement stipulates the terms and conditions regarding the release of the funds and assets held in escrow. It will define the specific circumstances under which the funds can be disbursed and the conditions that must be met for the release to occur. These conditions may include completion of certain milestones, regulatory approvals, or specific dates. The agreement may also outline the distribution of funds among the parties involved, considering the respective shares or interests. It may establish the escrow agent's role in mediating any disputes that may arise throughout the process, acting as a neutral party ensuring transparency and fairness. It is worth noting that there can be various types of Idaho Escrow Agreements between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co., depending on the specific transaction at hand. For instance, there might be separate agreements for different aspects of the acquisition, such as an escrow agreement for the transfer of shares or an escrow agreement for the protection of intellectual property rights. Each agreement would address the unique requirements and considerations associated with the specific assets or funds involved. In summary, an Idaho Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. serves as a vital legal tool to ensure a secure and orderly transfer of assets and funds. This agreement facilitates trust and accountability among the parties involved, and by involving a reputable escrow agent like Bankers Trust Co., it provides an extra layer of protection and impartiality.