Escrow Agreement for Shares

Prepare an Escrow Agreement for Shares as part of a purchase and sale transaction with this template 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 will be paid to the purchaser while the shares are in escrow.
• Actions to be taken by the trustee in the event of a dispute between the purchaser and seller.
• The trustee is to act as a depositary only, and has no liability other than for its own gross negligence or default.
• The other parties 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 downloadable MS Word document which can be easily customized to fit your circumstances.