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Escrow Agreement between The Trizetto Group, Inc., the Finserv Securityholders, Stuart Schloss and Bankers Trust Company of California dated December 22, 1999. 27 pages
Yes, but any changes must be agreed upon by all parties involved. It’s like a team deciding on a new game plan; everyone has to be on the same page.
Bankers Trust Co. acts as the trusted third party, holding the funds or assets in escrow until both parties fulfill their obligations—keeping it all above board.
Funds or assets can only be released once all the conditions of the agreement are met. It’s like waiting for the green light before you can go.
If things go south, the escrow agreement lays out the steps to resolve issues. It's there to help clear up any misunderstandings and guide everyone back on track.
Think of it as a referee in a game. It makes sure both sides stick to the rules, protecting your interests and keeping things fair.
The main players are The TriZetto Group, Inc., the Finserv Securityholders, Stuart Schloss, and Bankers Trust Co. Each one has a part to play in making sure everything goes smoothly.