New York 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 New York Escrow Agreement is a legal document that outlines the terms and conditions of an escrow arrangement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. An escrow agreement is a contractual arrangement where a neutral third party, in this case, Bankers Trust Co., holds funds, assets, or other property on behalf of the parties involved. It serves to provide security and protect the interests of all parties involved in a transaction. Under this New York Escrow Agreement, The Trident Group, Inc. entrusts Bankers Trust Co. to hold funds or assets for the benefit of the Finger Security holders. The Finger Security holders are individuals or entities that hold securities issued by Finger, a subsidiary of The Trident Group, Inc. These securities may include stocks, bonds, or other financial instruments. Stuart Schloss, as an authorized representative of The Trident Group, Inc., is also a party to this agreement. His involvement may be as a signatory or a stakeholder in the escrow arrangement. The New York Escrow Agreement outlines the specific conditions and circumstances under which the funds or assets held in escrow will be released to the Finger Security holders. These conditions may include predetermined dates, fulfillment of specific obligations, or the occurrence of certain events. It is worth noting that there may be different types of New York Escrow Agreements between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co., depending on the nature of the transaction. Some possible variations could be: 1. Stock Escrow Agreement: This type of escrow agreement may be applicable if the Finger Security holders hold stocks issued by Finger. The agreement will outline the conditions for the release of the stocks to the security holders. 2. Bond Escrow Agreement: If the Finger Security holders hold bonds issued by Finger, a bond escrow agreement may be used. This agreement will detail the conditions for the release of the bond proceeds to the security holders. 3. Asset Escrow Agreement: In situations where certain assets need to be held in escrow, such as intellectual property rights or physical assets, an asset escrow agreement will be used. This type of agreement will specify the conditions for the release of the assets to the Finger Security holders. In conclusion, the New York 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 of an escrow arrangement. Its purpose is to safeguard the interests of all parties involved and ensure the proper release of funds, stocks, bonds, or assets held in escrow.

The New York Escrow Agreement is a legal document that outlines the terms and conditions of an escrow arrangement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. An escrow agreement is a contractual arrangement where a neutral third party, in this case, Bankers Trust Co., holds funds, assets, or other property on behalf of the parties involved. It serves to provide security and protect the interests of all parties involved in a transaction. Under this New York Escrow Agreement, The Trident Group, Inc. entrusts Bankers Trust Co. to hold funds or assets for the benefit of the Finger Security holders. The Finger Security holders are individuals or entities that hold securities issued by Finger, a subsidiary of The Trident Group, Inc. These securities may include stocks, bonds, or other financial instruments. Stuart Schloss, as an authorized representative of The Trident Group, Inc., is also a party to this agreement. His involvement may be as a signatory or a stakeholder in the escrow arrangement. The New York Escrow Agreement outlines the specific conditions and circumstances under which the funds or assets held in escrow will be released to the Finger Security holders. These conditions may include predetermined dates, fulfillment of specific obligations, or the occurrence of certain events. It is worth noting that there may be different types of New York Escrow Agreements between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co., depending on the nature of the transaction. Some possible variations could be: 1. Stock Escrow Agreement: This type of escrow agreement may be applicable if the Finger Security holders hold stocks issued by Finger. The agreement will outline the conditions for the release of the stocks to the security holders. 2. Bond Escrow Agreement: If the Finger Security holders hold bonds issued by Finger, a bond escrow agreement may be used. This agreement will detail the conditions for the release of the bond proceeds to the security holders. 3. Asset Escrow Agreement: In situations where certain assets need to be held in escrow, such as intellectual property rights or physical assets, an asset escrow agreement will be used. This type of agreement will specify the conditions for the release of the assets to the Finger Security holders. In conclusion, the New York 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 of an escrow arrangement. Its purpose is to safeguard the interests of all parties involved and ensure the proper release of funds, stocks, bonds, or assets held in escrow.