Stock Escrow Agreement Form - 2003 (Page 4 of 4) in pdf

Stock escrow agreement — continued from previous page

15. Controversy:

If controversy arises between the parties to this agreement or with any third person, the escrow agent shall not be

required to take any action but may await settlement of any such controversy by final appropriate legal proceedings or

otherwise, as the escrow agent may require. The escrow agent may institute appropriate proceedings, notwithstanding

anything in this agreement to the contrary. In any such event, the escrow agent shall not be liable for interest or

damages to the company or the promoters.

16. Escrow agent's liability:

The escrow agent's obligations and duties in connection herewith are confined to those enumerated in this agreement.

The escrow agent shall not be liable or responsible for the sufficiency, correctness, genuineness, or validity of any

instruments deposited with it or with reference to the form of execution thereof, or the identity, authority, or rights of

any person executing or depositing same. The escrow agent shall not be liable for any loss that may occur by reason

of forgery, false representation, or the exercise of its discretion in any particular manner or for any other reason,

except for its own negligence or willful misconduct.

17. Escrow agent's fee:

The fee of the escrow agent is $

, receipt of which is hereby acknowledged. The escrow agent

further acknowledges receipt of shares, represented by stock certificate numbers:

The agreed-upon fee for services rendered hereunder is intended as full compensation for the escrow agent's services.

However, if the escrow agent is required to render any material service not contemplated in this agreement, or is

involved in any material controversy or litigation hereunder, the escrow agent shall be reasonably compensated for

such extraordinary services and reimbursed for costs and expenses occasioned by such event.

18. Binding agreement and substitution of escrow agent:

The terms and conditions of this agreement shall be binding on the heirs, executors and assigns, creditors or

transferees, or successors in interest, whether by operation of law or otherwise, of the parties hereto. If for any reason

the escrow agent herein should be unable or unwilling to continue as such escrow agent, then the other parties to this

agreement may substitute, with the consent of the director, another person to serve as escrow agent. Any

apportionment of the fees provided for in Paragraph 17 will be subject to agreement of the parties.

The following parties severally entered into this agreement:

Company:

President:

Secretary:

Escrow agent:

By:

Title:

Promoter:

ACCEPTED

Department of Consumer and Business Services

By:

, securities examiner

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440-3438 10/03/COM/WEB)

Stock Escrow Agreement Form - 2003 Page 4