Escrow Agreement for Shares

Place shares into escrow as part of a purchase and sale transaction with this template Escrow Agreement form.

• The purchaser agrees to deposit the shares with the trustee until the full amount of the purchase price has been paid to the seller.
• Any dividends declared on the shares while they are in escrow will be paid to the purchaser.
• There are clauses detailing the trustee's actions in the event of a dispute between the purchaser and seller.
• The trustee is to act as a depositary and has no liability other than for its own gross negligence or default.
• The purchaser and seller agree to indemnify the trustee against claims or damages.
• The trustee will hold the shares until receipt of a joint order from the other parties to release the shares.
• This Escrow Agreement for Shares is a generic legal form which does not contain specific references to the laws of any country. You can customize it to fit your specific needs.