Escrow Agent Agreement Template for Hong Kong

1. Electronic Communications: Include when parties agree to use electronic means for instructions and communications

2. Interest on Escrow Funds: Include when interest will accrue on cash held in escrow

3. Multiple Party Provisions: Include when there are multiple depositors or beneficiaries

4. Foreign Currency Provisions: Include when escrow involves multiple currencies or foreign exchange

5. Tax Provisions: Include when tax implications need specific handling or reporting

6. Substitute or Successor Escrow Agent: Include when possibility of agent substitution needs to be addressed

7. Force Majeure: Include when specific force majeure provisions are required beyond general provisions

1. Schedule 1 - Escrow Assets Description: Detailed description of assets to be held in escrow

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

3. Schedule 3 - Release Instructions: Form and format of release instructions

4. Schedule 4 - Authorized Signatories: List of authorized signatories and specimen signatures

5. Schedule 5 - Notice Details: Contact details and notice requirements for all parties

6. Schedule 6 - KYC Requirements: Required due diligence documentation

7. Appendix A - Operating Procedures: Detailed procedures for handling escrow assets and communications