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5. Term of A%Mmmt. <br /> Sole This Escrow Agreeinent shall remain in effect unless and until it is cancelled <br /> in any of the following manners: <br /> (a) Upon written notice given by all Principal(s) of cancellation of <br /> designation of Escrow Agent to act and serve in said capacity, in which oven4 cancellation shall take <br /> effect no earlier than twenty (20) days after notice to Escrow Agent of such cancellation; or <br /> (b) Escrow Agent may resign as escrow agent at any time upon giving <br /> notice to Principal(s) of its desire to so resign; provided, however, that resignation of Escrow Agent <br /> shall take effect no earlier lier than ten ( 10) days after the giving of notice of resignation; or <br /> (c) Upon compliance with all esmwprovisions as act forth in this Escrow <br /> Agreement. <br /> 5 .2. In the event Principal(s) fail to agree to a successor escrow agent within the <br /> period described hereinabove, Escrow Agent shall have the right to deposit all of the Escrowed <br /> Property held hereunder into the registry of an appropriate court and request judicial determination of <br /> the rights between Principal(s), by interpleader or other appropriate action, and Principal(s) hereby, <br /> jointly and severally, indemnify and hold Escrow Agent harmless from and against any damages or <br /> losses in connection therewith including, but not limited to, reasonable attorneys' fees and court costs <br /> at all trial and appellate levels. <br /> 5.3 . Upon termination ofthe duties of Escrow Agent in either manner set forth in <br /> subparagraphs (a) or (b) of Section 5 . 1 , Escrow Agent shall deliver all of the Escrowed Property to <br /> the newly appointed escrow agent designated by the Principal(s), and, except for rights of Escrow <br /> Agent specified in Section 3 . 1 of this Escrow Agreement, Escrow Agent shall not otherwise have the <br /> right to withhold .Escrowed Property from said newly Appointed escrow agent. <br /> 5.4. Escrow Agent shall not be bound by any modification, cancellation or <br /> rescission of this Escrow Agreement unless in writing and sued by all Principals) and Escrow <br /> Agent. In no event shall any modification of this Escrow Agreement, which shall affect the rights or <br /> duties of Escrow Agent, be binding on E.saow Agent unless it shall have given its prior written <br /> consent. <br /> 6. Notices. All notices, certificates, requests, demands, materials and other <br /> communications hereunder shall be in writing and deemed to have been duly given (1 ) upon delivery <br /> by hand to the appropriate address of each Principal or Escrow Agent as set forth in this Escrow <br /> Agreement or in the Purchase Agreament, or (2) on the third business day atter mailing by United <br /> States registered or certifiod mail, return receipt requested, postage prepaid to such address. All <br /> notices to Escrow Agent shall be addressed to the attorney signiong on behalf of Escrow Agent at the <br /> following address. Milledge & Iden 3240 Corporate Way, Miramar, Florida 33025 . <br /> 4 <br />