Kentucky 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 Kentucky Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. is a legally binding document that establishes the terms and conditions under which certain assets will be held in escrow. This agreement ensures the protection and proper distribution of the assets, providing security and transparency to all involved parties. Key terms in this Kentucky Escrow Agreement include "Trident Group, Inc.," which refers to the party depositing the assets into escrow. The "Finger Security holders" are the individuals or entities holding securities related to Finger, a financial services company. Stuart Schloss represents a specific individual involved in the agreement, and "Bankers Trust Co." refers to the trusted financial institution responsible for acting as the escrow agent. The Kentucky Escrow Agreement may come in different types, depending on the specific purpose and nature of the arrangement. Some potential variations may include: 1. Acquisition Escrow Agreement: This type of agreement could be established in the context of the acquisition of one company by another. The Trident Group, Inc. may deposit certain assets and funds into escrow to serve as a guarantee for potential liabilities or indemnification claims that may arise during or after the acquisition process. 2. Securities Offering Escrow Agreement: In the event of a securities offering, such as an initial public offering (IPO), Finger Security holders may require an escrow arrangement to ensure compliance with regulatory requirements. This agreement could define the conditions for the release of funds or shares held in escrow, providing confidence to investors. 3. Partnership or Joint Venture Escrow Agreement: If Stuart Schloss, for instance, intends to enter into a partnership or joint venture with The Trident Group, Inc., an escrow agreement might be necessary. The agreement could outline the conditions for placing certain assets or funds in escrow until specific milestones or objectives are achieved. 4. Litigation Escrow Agreement: If there is ongoing litigation involving any of the parties mentioned, an escrow arrangement can be useful. This agreement would specify the conditions under which funds or assets will be held in escrow until the legal dispute is resolved. Regardless of the type, a Kentucky Escrow Agreement is designed to ensure fair and secure handling of assets. It typically includes provisions related to the deposit, release, and disbursement of funds or assets held in escrow, as well as dispute resolution mechanisms and the responsibilities of each party involved. Please note that the specific details and terms of the Kentucky Escrow Agreement should be reviewed and determined in consultation with legal professionals who can provide accurate guidance tailored to the unique circumstances of the agreement.

The Kentucky Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. is a legally binding document that establishes the terms and conditions under which certain assets will be held in escrow. This agreement ensures the protection and proper distribution of the assets, providing security and transparency to all involved parties. Key terms in this Kentucky Escrow Agreement include "Trident Group, Inc.," which refers to the party depositing the assets into escrow. The "Finger Security holders" are the individuals or entities holding securities related to Finger, a financial services company. Stuart Schloss represents a specific individual involved in the agreement, and "Bankers Trust Co." refers to the trusted financial institution responsible for acting as the escrow agent. The Kentucky Escrow Agreement may come in different types, depending on the specific purpose and nature of the arrangement. Some potential variations may include: 1. Acquisition Escrow Agreement: This type of agreement could be established in the context of the acquisition of one company by another. The Trident Group, Inc. may deposit certain assets and funds into escrow to serve as a guarantee for potential liabilities or indemnification claims that may arise during or after the acquisition process. 2. Securities Offering Escrow Agreement: In the event of a securities offering, such as an initial public offering (IPO), Finger Security holders may require an escrow arrangement to ensure compliance with regulatory requirements. This agreement could define the conditions for the release of funds or shares held in escrow, providing confidence to investors. 3. Partnership or Joint Venture Escrow Agreement: If Stuart Schloss, for instance, intends to enter into a partnership or joint venture with The Trident Group, Inc., an escrow agreement might be necessary. The agreement could outline the conditions for placing certain assets or funds in escrow until specific milestones or objectives are achieved. 4. Litigation Escrow Agreement: If there is ongoing litigation involving any of the parties mentioned, an escrow arrangement can be useful. This agreement would specify the conditions under which funds or assets will be held in escrow until the legal dispute is resolved. Regardless of the type, a Kentucky Escrow Agreement is designed to ensure fair and secure handling of assets. It typically includes provisions related to the deposit, release, and disbursement of funds or assets held in escrow, as well as dispute resolution mechanisms and the responsibilities of each party involved. Please note that the specific details and terms of the Kentucky Escrow Agreement should be reviewed and determined in consultation with legal professionals who can provide accurate guidance tailored to the unique circumstances of the agreement.