Voluntary Escrow Agreement Template for Australia

1. Interest and Income: Required when the escrow property may generate income or interest during the escrow period

2. Dispute Resolution: Detailed dispute resolution procedures, recommended for high-value or complex arrangements

3. Replacement of Escrow Agent: Procedures for replacing the escrow agent, useful for longer-term arrangements

4. Security Interest: Required when the escrow property serves as security for obligations

5. Tax Provisions: Specific tax-related provisions when tax implications are significant

6. Electronic Communications: Procedures for electronic notifications and communications, useful for modern arrangements

7. Confidentiality: Required when dealing with sensitive information or valuable intellectual property

8. Force Majeure: Provisions for unforeseen circumstances, recommended for long-term or high-value arrangements

1. Schedule 1 - Escrow Property Details: Detailed description and/or inventory of the escrow property

2. Schedule 2 - Fee Schedule: Detailed breakdown of escrow agent fees and charges

3. Schedule 3 - Release Notice Form: Template form for requesting release of escrow property

4. Schedule 4 - Verification Requirements: Specific requirements for verifying release conditions

5. Schedule 5 - Authorized Representatives: List of authorized representatives for each party

6. Appendix A - Operating Procedures: Detailed procedures for handling and managing the escrow property

7. Appendix B - Communication Protocols: Specific procedures for communications between parties