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

• Category: Corporations - Public - Escrow
• State: Multi-State
• City: Chicago
• 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 Chicago Illinois Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. is a legal contract that outlines the terms and conditions under which certain assets are held in escrow. This agreement serves to protect the interests of the parties involved and ensures the proper handling of funds and assets. Keywords: Chicago Illinois, Escrow Agreement, Trident Group Inc., Finger Security holders, Stuart Schloss, Bankers Trust Co. This particular Escrow Agreement in Chicago Illinois involves key parties such as: 1. The Trident Group, Inc.: As a prominent company, The Trident Group, Inc. is entrusting specific assets to be held in escrow under this agreement. They may be the primary party seeking protection and security for their interests. 2. Finger Security holders: These are the parties who hold securities related to financial services provided by The Trident Group, Inc. These security holders are also involved in this Escrow Agreement to ensure the protection of their financial investments. 3. Stuart Schloss: Stuart Schloss is an individual who may have a significant interest or involvement in the assets placed in escrow. His participation further emphasizes the importance and complexity of this agreement. 4. Bankers Trust Co.: As a trusted financial institution, Bankers Trust Co. is designated to act as the escrow agent in this agreement. Their role is to hold and manage the assets according to the terms outlined in the agreement. It is important to note that there can be various types of Chicago Illinois Escrow Agreement involving The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co., some of which may include: 1. Purchase Agreement Escrow: This type of escrow agreement is commonly used in real estate transactions. It ensures that the buyer's funds are securely held by the escrow agent until all terms of the purchase agreement, such as inspections, repairs, and paperwork, are completed. 2. Shareholder Agreement Escrow: In scenarios where shares or stocks are involved, this type of escrow agreement protects the interests of shareholders and ensures compliance with terms and conditions specified in the shareholder agreement. It may stipulate certain conditions under which the shares can be released from escrow. 3. Merger and Acquisition Escrow: When two companies merge or when one acquires another, an escrow agreement can be established to hold a portion of the purchase price or shares of the acquired company until certain conditions, such as the successful integration of operations or resolution of potential legal disputes, are met. 4. Intellectual Property Escrow: This type of escrow agreement is common in technology-based businesses. It involves depositing source codes, patents, or other intellectual property assets with an escrow agent to ensure their availability or release under predetermined circumstances, such as the licensee complying with the terms of a licensing agreement. In summary, the Chicago Illinois Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. is a legally binding contract designed to protect the parties involved. It can take different forms depending on the nature of the assets held in escrow or the specific circumstances of the agreement.

The Chicago Illinois Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. is a legal contract that outlines the terms and conditions under which certain assets are held in escrow. This agreement serves to protect the interests of the parties involved and ensures the proper handling of funds and assets. Keywords: Chicago Illinois, Escrow Agreement, Trident Group Inc., Finger Security holders, Stuart Schloss, Bankers Trust Co. This particular Escrow Agreement in Chicago Illinois involves key parties such as: 1. The Trident Group, Inc.: As a prominent company, The Trident Group, Inc. is entrusting specific assets to be held in escrow under this agreement. They may be the primary party seeking protection and security for their interests. 2. Finger Security holders: These are the parties who hold securities related to financial services provided by The Trident Group, Inc. These security holders are also involved in this Escrow Agreement to ensure the protection of their financial investments. 3. Stuart Schloss: Stuart Schloss is an individual who may have a significant interest or involvement in the assets placed in escrow. His participation further emphasizes the importance and complexity of this agreement. 4. Bankers Trust Co.: As a trusted financial institution, Bankers Trust Co. is designated to act as the escrow agent in this agreement. Their role is to hold and manage the assets according to the terms outlined in the agreement. It is important to note that there can be various types of Chicago Illinois Escrow Agreement involving The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co., some of which may include: 1. Purchase Agreement Escrow: This type of escrow agreement is commonly used in real estate transactions. It ensures that the buyer's funds are securely held by the escrow agent until all terms of the purchase agreement, such as inspections, repairs, and paperwork, are completed. 2. Shareholder Agreement Escrow: In scenarios where shares or stocks are involved, this type of escrow agreement protects the interests of shareholders and ensures compliance with terms and conditions specified in the shareholder agreement. It may stipulate certain conditions under which the shares can be released from escrow. 3. Merger and Acquisition Escrow: When two companies merge or when one acquires another, an escrow agreement can be established to hold a portion of the purchase price or shares of the acquired company until certain conditions, such as the successful integration of operations or resolution of potential legal disputes, are met. 4. Intellectual Property Escrow: This type of escrow agreement is common in technology-based businesses. It involves depositing source codes, patents, or other intellectual property assets with an escrow agent to ensure their availability or release under predetermined circumstances, such as the licensee complying with the terms of a licensing agreement. In summary, the Chicago Illinois Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. is a legally binding contract designed to protect the parties involved. It can take different forms depending on the nature of the assets held in escrow or the specific circumstances of the agreement.