ESCROW AGREEMENT
This escrow agreement ("Escrow Agreement") is made and entered into on 2014-08-13 by and among:- Roberta Robinson, {Personality.type.a}, whose address is 666 Winding Drive, Toronto, Ontario X9T-Z3Y, Canada, ("Purchaser"),
- Safe Hands Facilitated Transactions, Inc., {Personality.type.a}, whose address is 1550 Bay Street, San Francisco, CA 94123, United States of America, ("Escrow Agent"),
- Gerry's Grapes, LLC, {Personality.type.a}, whose address is 1 Broadway, Cambridge, MA 02142, United States of America ("Seller"),
as of 2014-08-13.
Additional persons referenced in this Agreement are:- Fabulous Express, Inc., {Personality.type.a}, whose address is 333 Alamo Way, Austin, TX 75123, United States of America ("Shipper"); and
- Solomon Shirley, {Personality.type.a}, whose address is 332 Main Street, Waltham, MA 02452, United States of America ("Arbitrator").
- WHEREAS, the Purchaser and the Seller have entered into a purchase agreement ("Purchase Agreement") for the sale to the Purchaser of eighteen cases of grape preserves (the "Products") owned by the Seller in exchange for $650.00 (the "Purchase Price") (altogether, the "Transaction");
- WHEREAS, pursuant to said Purchase Agreement, the Purchaser has agreed to deposit the Purchase Price into an Escrow Account ("the Escrow Account");
- WHEREAS, the Purchaser and the Seller have agreed to use the Escrow Agent to hold the Purchase Price and act as Escrow Agent;
- WHEREAS, the Escrow Agent has agreed to act in such capacity upon the terms and conditions contained herein; and
- WHEREAS, the Seller, Purchaser and Escrow Agent agree to use Solomon Shirley, {Personality.type.a}, whose address is 332 Main Street, Waltham, MA 02452, United States of America (the "Arbitrator") to resolve any disputes among them regarding the meaning of this Agreement or the performance of this Agreement, including any "Claim" as defined below.
NOW, THEREFORE, in consideration of the mutual premises and conditions contained herein, the Purchaser, the Seller and the Escrow Agent do hereby agree as follows: