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英语翻译ESCROW AGREEMENTBETWEEN:(Hereinafter referred to as the

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英语翻译
ESCROW AGREEMENT
BETWEEN:
(Hereinafter referred to as the “Applicant”)
OF THE FIRST PART;
AND:
ISLAND INVESTMENT DEVELOPMENT INC,
(Hereinafter referred to as “IIDI”)
OF THE SECOND PART,
WHEREAS:
1 The Applicant has carried out an exploratory visit to Prince Edward Island,and has participated in a preliminary interview with the Manager or Program Officer of IIDI;
2 As a result of the preliminary interview,the Applicant and IIDI have jointly agreed that the Applicant may apply for permanent residency status in Canada pursuant to the Provincial Nominee Program agreed upon by the Government of Canada and the Government of Prince Edward Island;
3 The Applicant and IIDI have agreed on the terms hereinafter set forth with respect to the Applicant’s application for permanent residency in Canada pursuant to the Provincial Nominee Program;
NOW THEREFORE THE PARTIES AGREE AS FOLLOWS:
1 The Applicant shall pay IIDI a $2,500 non-refundable processing fee in connection with the application of the Applicant under the Provincial Nominee Program of the Province of Prince Edward Island,
2 The Applicant acknowledges that such fee is exclusive of any fees payable by the Applicant to the Government of Canada in connection with the formal application required by the Government of Canada once the Province of Prince Edward Island has nominated the Applicant,
3 At the time the Applicant completes the application under the Provincial Nominee Program,the Applicant shall also pay to IIDI the sum of One Hundred Thousand Dollars ($100,000) (Canadian),to be held by IIDI in escrow on the terms set forth herein,and the Applicant shall also,prior to nomination by the Province of Prince Edward Island,provide evidence to IIDI of the availability of an additional $100,000 Canadian available to initiate a new Prince Edward Island based business,
4 At the time of submission of the application under the Provincial Nominee Program,the Applicant shall submit a formal business plan or business capacity document in the format approved by IIDI,
5 IIDI shall repay the $100,000 held by it in escrow without interest and less expenses incurred by IIDI in processing the Applicant’s application,if the Applicant has fulfilled the Applicant’s obligations to submit a formal business plan and has initiated and maintained,in the reasonable opinion of the Manager of IIDI,operation of a business based in Prince Edward Island,When the escrow funds are released by IIDI to the Applicant,such funds shall be used in the operation of the business established by the Applicant (unless the full $200,000 has been invested previously) and in no event shall the Applicant be permitted to receive the return of the capital invested in the business for a period of 24 months from the date of the release,it being the intention of IIDI that such funds shall be used for the operation of the business,
信托财产协议
在之间:
(以后指 “申请人”)
第一部份;
并且:
海岛投资发展公司,
(以后称为 “IIDI”)
第二部份,
但是:
1 申请人执行了一次试探性参观对爱得华王子岛,和参加了与IIDI 的经理或节目官员的一次初步采访;
2 由于初步采访,申请人和IIDI 联合同意,申请人也许申请永久居民身份在加拿大寻求省被提名人节目由加拿大的政府和爱得华王子岛的政府同意;
3 申请人和IIDI 同意以方式以后被指出谈到申请人’对永久居住的s 申请在加拿大寻求省被提名人节目;
所以党现在同意如下:
1 申请人将支付IIDI $2,500 non-refundable 手续费于申请人的应用相联根据爱得华王子岛省的省被提名人节目,
2 申请人承认这样的费是专属的所有费付得起由申请人对加拿大的政府于正式应用相联由加拿大的政府必需爱得华王子岛省一次提名了申请人,
3 在申请人完成应用根据省被提名人节目时候,申请人并且将支付对IIDI 十万美元($100,000 的) 总和(加拿大人),由IIDI 举行在信托财产以方式此中被指出,并且申请人并且将,在提名之前由爱得华王子岛省,提供证据对一个另外的$100,000 的可及性的IIDI 加拿大人可利用创始新爱得华王子岛基于的事务,
4 在应用的提议之时根据省被提名人节目,申请人将递交一个正式经营计划或企业容量文件在格式被IIDI 批准,
5 IIDI 将回报$100,000 由它举行在信托财产没有兴趣和较少费用由IIDI 招致在处理申请人’s 应用,如果申请人履行了申请人’s 义务递交一个正式经营计划和创始了和维护,以IIDI 的经理的合理的观点,事务的操作根据在爱德华・Island 王子,当信托财产资金由IIDI 发布对申请人,这样资金将被使用在事务的操作由申请人建立(除非充分$200,000 早先被投资了) 并且申请人从未将被允许接受资本的回归被投资在事务24 月的期间从发行,它的日期是这样资金将被使用为事务的操作IIDI 的意图