This Escrow Agreement is made and entered into this
(the “Company”) and
(the “Escrow Agent”).
WHEREAS, a number of States have enacted Non-Participating Manufacturer Statutes
(“NPM Statutes”) that require Tobacco Product Manufacturers that have not entered into the
Master Settlement Agreement to establish Qualified Escrow Funds, and
WHEREAS, the Company is a Tobacco Product Manufacturer that has not entered into
the Master Settlement Agreement and intends to comply with such NPM Statutes by establishing
Qualified Escrow Funds with respect to states where the Company’s tobacco products are sold.
NOW THEREFORE, in consideration of the mutual promises contained herein and
other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the undersigned parties hereto agree as follows:
SECTION 1. Appointment of Escrow Agent.
The Company hereby appoints ________________________ to serve as Escrow Agent un