{"id":"court_ctb_294_2","court":"CTB","case_no":"22-50073","doc_number":294,"sub_number":2,"doc_type":"ORDER","filed_date":"2022-04-29","title":"EXHIBIT A","summary_zh":null,"summary_en":null,"body_en":"# **EXHIBIT**\n\n**A**\n\n## **ESCROW AGREEMENT**\n\nThis ESCROW AGREEMENT, dated as of April 28, 2022 (this \"Escrow Agreement\"), is by and among HK International Funds Investments (USA) Limited, LLC, a Delaware limited liability company (\"HK USA\"), the Official Committee of Unsecured Creditors (the \"Committee\") appointed in the Bankruptcy Case, and U.S. Bank National Association, a national banking association, as escrow agent hereunder (\"Escrow Agent\" and, together with HK USA and the Committee, sometimes referred to individually as a \"Party\" or collectively as the \"Parties\").\n\n## BACKGROUND\n\nA. The individual, Ho Wan Kwok (the \"Debtor\"), is presently the debtor and debtorin-possession in that certain bankruptcy case captioned *In re: Ho Wan Kwok*, Case No. 22-50073 (the \"Bankruptcy Case\") presently pending before the United States Bankruptcy Court, District of Connecticut, Bridgeport Division, the Honorable Julie A. Manning presiding (the \"Bankruptcy Court\").\n\nB. HK USA and the Committee, as well as certain other parties thereto, have stipulated and agreed to the terms and conditions set forth in that certain [Proposed] Stipulated Order Compelling HK International Funds Investments (USA) Limited, LLC To Transport and Deliver That Certain Yacht, The \"Lady May\" (\"Stipulated Order\").\n\nC. Solely as between HK USA and the Committee, capitalized terms used herein but not otherwise defined shall have the meanings ascribed to such terms in the Stipulated Order.\n\nD. The Stipulated Order provides that, among other things, HK USA shall deposit the Escrow Funds (as defined below in Section 3) contemporaneously with the execution of this Escrow Agreement into a segregated escrow account to be held by Escrow Agent for the purpose of securing the performance of the \"Delivery Obligation\" as provided for in Stipulated Order.\n\nE. Escrow Agent has agreed to accept, hold, and disburse the Escrow Funds in accordance with the terms of this Escrow Agreement.\n\nF. HK USA has appointed HK USA Representative(s) (as defined below in Section 1) to represent HK USA for all purposes in connection with the Escrow Funds and this Escrow Agreement.\n\nG. The Committee has appointed the Committee Representative (as defined below in Section 1) to represent the Committee for all purposes in connection with the Escrow Funds and this Escrow Agreement.\n\n## PROVISIONS\n\nNOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, for themselves, their successors and assigns, hereby agree as follows:\n\n1. Definitions. The following terms shall have the following meanings when used herein:\n\na. \"Business Day\" means any day other than a Saturday or Sunday in the United States, or any day on which the Federal Reserve Bank located in New York, New York is closed.\n\nb. \"Committee Representative(s)\" shall mean the person(s) so designated on Schedule B-2 hereto or any other person designated in a writing signed by the Committee and delivered to Escrow Agent and the other Parties in accordance with the notice provisions of this Escrow Agreement, to act as the Committee's representative(s) under this Escrow Agreement.\n\nc. \"HK USA Representative(s)\" shall mean the person(s) so designated on Schedule B-1 hereto or any other person designated in a writing signed by HK USA and delivered to Escrow Agent and the Parties in accordance with the notice provisions of this Escrow Agreement, to act as HK USA's representative(s) under this Escrow Agreement.\n\nd. \"HK USA Certification\" shall mean the \"HK USA Certification\" as defined by and in accordance with the Stipulated Order.\n\ne. \"Escrow Account\" shall mean a segregated account, which shall secure the performance of the Delivery Obligation of HK USA as provided in the Stipulated Order.\n\nf. \"Escrow Period\" shall mean the period commencing on the date hereof and ending at the close of Escrow Agent's Business Day on the date all of the Escrow Funds have been distributed by Escrow Agent pursuant to the terms hereof.\n\n2. Appointment of and Acceptance by Escrow Agent. HK USA hereby appoints Escrow Agent to serve as escrow agent hereunder. Escrow Agent hereby accepts such appointment and, upon receipt by wire transfer of the Escrow Funds in accordance with Section [3](#page-2-0) below, agrees to hold, invest and disburse the Escrow Funds in accordance with this Escrow Agreement.\n\n<span id=\"page-2-0\"></span>3. Deposit of Escrow Funds. Simultaneously with the execution and delivery of this Escrow Agreement, HK USA will transfer cash in the amount of Thirty-Seven Million (\\$37,000,000) Dollars by wire transfer of immediately available funds (such amount, together with any interest and other income thereon (collectively \"Earnings\"), the \"Escrow Funds\"), to an account designated by Escrow Agent (the \"Escrow Account\"). The Escrow Account will be maintained as a segregated and separately named and numbered account.\n\n# 4. Disbursements of Escrow Funds.\n\n<span id=\"page-2-1\"></span>a. Escrow Agent shall disburse the Escrow Funds at any time upon receipt of, and in accordance with, (i) the HK USA Certification, accompanied by a certificate executed by HK USA's counsel, Zeisler & Zeisler, P.C., Bridgeport, Connecticut, to the effect that such HK USA Certification has been duly submitted to the Escrow Agent in accordance with the Stipulated Order, upon which documents Escrow Agent shall conclusively rely, (ii) a final, nonappealable order entered by the Bankruptcy Court on or after July 16, 2022, directing delivery of the Escrow Funds, accompanied by a certificate executed by the Party requesting disbursement to the effect that such order of the Bankruptcy Court is a final, non-appealable order of the Bankruptcy Court, upon which certificate Escrow Agent shall conclusively rely (a \"Final Order\"), (iii) a final, non-appealable award, order, decision, judgment or ruling of an arbitrator or court of competent jurisdiction entered on or after July 16, 2022, determining the rights of HK USA, the Debtor and the Committee, creditors of the Debtor, including, but not limited to, Pacific Alliance Asia Opportunity Fund, L.P., an investment fund organized as an exempted limited partnership under the laws of the Cayman Islands (\"PAX\"), with respect to the Escrow Funds or a portion thereof and directing delivery of the Escrow Funds, accompanied by a certificate executed by the Party requesting disbursement to the effect that such award, order, decision, judgment or ruling of an arbitrator or court is a final, non-appealable award, order, decision, judgment or ruling of an arbitrator or court of competent jurisdiction upon which certificate Escrow Agent shall conclusively rely (a \"Final Determination\") or (iv) an order not subject to any stay entered by the Bankruptcy Court on or after July 16, 2022, directing delivery of the Escrow Funds in accordance with Section 9 of the Stipulated Order, accompanied by a certificate executed by the Party requesting disbursement to the effect that such order of the Bankruptcy Court is an order of the Bankruptcy Court not subject to any stay, upon which certificate Escrow Agent shall conclusively rely (a \"Section 9 Order\"). The Party requesting disbursement shall provide a copy of its certificate simultaneously via e-mail to all other Parties in accordance with Section 15 of this Escrow Agreement and Escrow Agent shall, prior to any disbursement, confirm based solely upon its review of such e-mail full compliance with the notice obligations set forth in this sentence. Such HK USA Certification, Final Order, Final Determination, Section 9 Order (or certificate accompanying such HK USA Certification, Final Order, Final Determination Section 9 Order), as the case may be, shall contain complete payment instructions, including wiring instructions or an address to which a check shall be sent.\n\nb. Prior to any disbursement, Escrow Agent shall have received reasonable identifying information regarding any recipient(s) of such disbursement(s) such that Escrow Agent may comply with its regulatory obligations and commercially reasonable business practices, including without limitation a completed original United States Internal Revenue Service (\"IRS\") Form W-9 or IRS Form W-8, as applicable. All disbursements of funds from the Escrow Funds shall be subject to the fees and claims of Escrow Agent pursuant to Section [10](#page-6-0) and Section [11.](#page-7-0)\n\nprovided herein.\n\nc. Escrow Agent shall not disburse any Escrow Funds except as\n\n5. Suspension of Performance; Disbursement into Court. If, at any time, (a) there shall exist any dispute between HK USA and the Committee with respect to the holding or disposition of all or any portion of the Escrow Funds or any other obligations of Escrow Agent hereunder, (b) Escrow Agent is unable to determine, in good faith, the proper disposition of all or any portion of the Escrow Funds or Escrow Agent's proper actions with respect to its obligations hereunder, or (c) HK USA and the Committee have not, within sixty (60) calendar days of the furnishing by Escrow Agent of a notice of resignation pursuant to Sectio[n 7,](#page-5-0) appointed a successor escrow agent to act hereunder, then Escrow Agent may, in its sole discretion, take either or both of the following actions:\n\ni. suspend the performance of any of its obligations (including without limitation any disbursement obligations) under this Escrow Agreement with respect to such Escrow Funds subject to such dispute or uncertainty until Escrow Agent shall have received the HK USA Certification, the Final Order, Final Determination or the Section 9 Order, as the case may be, (together with the certificate contemplated by Section 4(a) hereof to accompany the same) directing delivery of such portion of the Escrow Funds, in which event Escrow Agent shall disburse such portion of the Escrow Funds in accordance with such HK USA Certification, the Final Order, the Final Determination or the Section 9 Order (and such certificate), or until a successor escrow agent shall have been appointed; or\n\nii. petition (by means of an interpleader action or any other appropriate method) any court in accordance with Section [14,](#page-7-1) for instructions with respect to such dispute or uncertainty, and to the extent required or permitted by Law, pay into such court, for holding and disposition in accordance with the instructions of such court, all Escrow Funds subject to such dispute or uncertainty after deduction and payment to Escrow Agent of all documented out-of-pocket fees and expenses (including court costs and attorneys' fees) payable to, incurred by, or expected to be incurred by Escrow Agent in connection with the performance of its duties and the exercise of its rights hereunder.\n\nEscrow Agent shall have no liability to HK USA or the Committee, or any HK USA Representative or the Committee Representative, or their respective owners, shareholders or members or any other person with respect to any such suspension of performance or disbursement into court, specifically including any liability or claimed liability that may arise, or be alleged to have arisen, out of or as a result of any delay in the disbursement of the Escrow Funds or any delay in or with respect to any other action required or requested of Escrow Agent, unless caused by the bad faith, willful misconduct or gross negligence of Escrow Agent.\n\n6. Investment of Funds. Escrow Agent is directed to invest and reinvest the Escrow Funds in the investment identified in Schedule C. HK USA and the Committee acknowledge that Escrow Agent does not have a duty nor will it undertake any duty to provide investment advice. All investments shall be made in the name of Escrow Agent. Notwithstanding anything to the contrary contained herein, Escrow Agent may, without notice to HK USA and the Committee sell or liquidate any of the foregoing investments at any time for any disbursement of Escrow Funds pursuant to Section [4](#page-2-1) hereof. All investment Earnings shall become part of the Escrow Funds and investment losses shall be charged against the Escrow Funds. Escrow Agent shall not be liable or responsible for loss in the value of any investment made pursuant to this Escrow Agreement, or for any loss, cost or penalty resulting from any sale or liquidation of the Escrow Funds unless such loss, cost or penalty is directly caused by the gross negligence, bad faith or willful misconduct of Escrow Agent. With respect to any Escrow Funds received by Escrow Agent after three o'clock, p.m., New York City Time, Escrow Agent shall not be required to invest such funds or to effect any investment instruction until the next day upon which banks in St. Paul, Minnesota and the New York Stock Exchange are open for business. Escrow Agent has no responsibility whatsoever to determine the market or other value of any investment and makes no representation or warranty as to the accuracy of any such valuation. To the extent applicable regulations grant rights to receive brokerage confirmations for certain security transactions, HK USA and the Committee waive receipt of such confirmations.\n\n<span id=\"page-5-0\"></span>7. Resignation/Removal of Escrow Agent. Escrow Agent may (a) resign and be discharged from the performance of its duties hereunder at any time by giving sixty (60) calendar days' prior written notice to HK USA and the Committee specifying a date when such resignation shall take effect, or (b) be removed as Escrow Agent hereunder by HK USA and the Committee upon sixty (60) calendar days' prior written notice executed by HK USA and the Committee to Escrow Agent. Upon any such notice of resignation or removal, HK USA shall appoint a successor escrow agent hereunder acceptable in writing by the Committee or as approved by order of the Bankruptcy Court prior to the effective date of such resignation or removal. If HK USA fails to appoint a successor escrow agent within such time, Escrow Agent shall have the right to petition the Bankruptcy Court to appoint a successor escrow agent, and all documented out-ofpocket costs and expenses (including, without limitation, reasonable attorneys' fees) related to such petition shall be paid by HK USA. The resigning or removed Escrow Agent shall transmit all records pertaining to the Escrow Funds and shall pay all Escrow Funds to the successor escrow agent, after making copies of such records as the resigning or removed Escrow Agent deems advisable after deduction and payment to Escrow Agent of all fees and expenses (including court costs and attorneys' fees) payable to, incurred by, or expected to be incurred by Escrow Agent in connection with the performance of its duties and the exercise of its rights hereunder. After any resigning or removed Escrow Agent's resignation or removal, the provisions of this Escrow Agreement shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Escrow Agent under this Escrow Agreement.\n\n<span id=\"page-5-1\"></span>8. Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective Parties and their heirs, executors, successors and permitted assigns. If Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the Escrow Account contemplated by this Escrow Agreement) to another corporation, the successor or transferee corporation shall be the successor escrow agent without further act.\n\n9. Liability of Escrow Agent. Escrow Agent undertakes to perform only such duties as are expressly set forth herein and no duties shall be implied. Escrow Agent has no fiduciary or discretionary duties of any kind. Escrow Agent shall have no liability under and no duty to inquire as to the provisions of, and shall not be charged with knowledge of any document other than this Escrow Agreement, including without limitation the Stipulated Order and any pleading or other document in the Bankruptcy Case and any other agreement between any or all of the Parties or any other persons even though reference thereto may be made herein, whether or not a copy of such document has been provided to Escrow Agent. Escrow Agent shall not be liable for any action taken or omitted by it hereunder, except to the extent that a court of competent jurisdiction determines that Escrow Agent's gross negligence, bad faith or willful misconduct was the cause of any loss to HK USA the Committee. Escrow Agent's sole responsibility shall be for the safekeeping and disbursement of the Escrow Funds in accordance with the terms of this Escrow Agreement. Escrow Agent shall not be charged with knowledge or notice of any fact or circumstance not specifically set forth herein or in the HK USA Certification, Final Order, Final Determination or Section 9 Order. Escrow Agent may rely in good faith upon any notice, instruction, request or other instrument, not only as to its due execution, validity and effectiveness, but also as to the truth and accuracy of any information contained therein, which Escrow Agent shall, in good faith, believe to be genuine and to have been signed or presented by the person or parties purporting to sign the same. In no event shall Escrow Agent be liable for incidental,\n\nindirect, special, consequential or punitive damages or penalties (including, but not limited to lost profits), even if Escrow Agent has been advised of the likelihood of such damages or penalty and regardless of the form of action. Escrow Agent shall not be responsible for delays or failures in performance resulting from acts beyond its control, including, without limitation, acts of God, strikes, lockouts, riots, acts of war or terror, epidemics, governmental regulations, fire, communication line failures, computer viruses, attacks or intrusions, power failures, earthquakes or other natural disasters. Escrow Agent shall not be obligated to take any legal action or commence any proceeding in connection with the Escrow Funds, the Escrow Account, this Escrow Agreement or the Stipulated Order, or to appear in, prosecute or defend any such legal action or proceeding or to take any other action that in Escrow Agent's sole judgement may expose it to potential expense or liability. Escrow Agent may consult legal counsel selected by it in the event of any dispute or question as to the construction of any of the provisions hereof or of any other agreement or of its duties hereunder, or relating to any dispute involving any Party, and shall incur no liability and shall be fully protected in acting in good faith in accordance with the written opinion and instructions of such counsel, and shall be indemnified to the extent provided in Section [10.](#page-6-0) HK USA and the Committee agree to use reasonable efforts to perform or procure the performance of all further acts and things, and execute and deliver such further documents, as may be required by applicable Law or as Escrow Agent may reasonably request in connection with its duties hereunder. When any action is provided for herein to be done on or by a specified date that falls on a day other than a Business Day, such action may be performed on the next ensuing Business Day.\n\nEscrow Agent is authorized, in its sole discretion, to comply with final and nonappealable orders issued or process entered by any court with respect to the Escrow Funds, which orders or process Escrow Agent is advised in writing by legal counsel may be binding upon it. If any portion of the Escrow Funds is at any time attached, garnished or levied upon under any final and non-appealable court order, or in case the payment, assignment, transfer, conveyance or delivery of any such property shall be stayed or enjoined by any final and non-appealable court order, or in case any final and non-appealable order, judgment or decree shall be made or entered by any court affecting such property or any part thereof, then and in any such event, Escrow Agent is authorized, in its sole discretion, to rely upon and comply with any such order, writ, judgment or decree which it is advised in writing by legal counsel selected by it is binding upon it without the need for appeal or other action; and if Escrow Agent complies with any such order, writ, judgment or decree, it shall not be liable to any of the other Parties or to any other person or entity by reason of such compliance even though such order, writ, judgment or decree may be subsequently reversed, modified, annulled, set aside or vacated.\n\n<span id=\"page-6-0\"></span>10. Indemnification of Escrow Agent. HK USA covenants and agrees to indemnify Escrow Agent (and its directors, officers, employees and affiliates) and to hold Escrow Agent (and its directors, officers, employees and affiliates) harmless against any reasonable documented out-of-pocket damages, costs and expenses (including, but not limited to, reasonable documented out-of-pocket attorneys' fees) arising from or out of, directly or indirectly, any claims (including those made by HK USA or the Committee) or liability resulting from its actions in good faith as Escrow Agent pursuant hereto; *provided*, that such covenant and agreement does not extend to, and Escrow Agent shall not be indemnified with respect to, such costs, expenses, losses and damages incurred or suffered by Escrow Agent that are directly caused by its own gross negligence, bad faith or willful misconduct; *provided, further*, that to the extent such costs,\n\nexpenses and damages result from or are attributable to a Party's failure to provide fully executed IRS Forms W-9 or W-8, as applicable, pursuant to Section 4(e), such Party shall be solely responsible for indemnifying the Escrow Agent for such costs, expenses and damages. The foregoing indemnification and agreement to hold harmless shall survive the termination of this Escrow Agreement and the resignation or removal of Escrow Agent.\n\n<span id=\"page-7-0\"></span>11. Compensation of Escrow Agent. HK USA agrees to compensate Escrow Agent for its services hereunder in accordance with Schedule A attached hereto. The obligations of HK USA under this Section [11](#page-7-0) shall survive any termination of this Escrow Agreement and the resignation or removal of Escrow Agent. HK USA grants Escrow Agent a security interest in and lien upon the Escrow Funds with respect to any compensation, reimbursement or indemnification owed to Escrow Agent hereunder.\n\n12. Representations and Warranties. HK USA and the Committee each, severally and not jointly, represent and warrant to Escrow Agent that such Party has full legal capacity, power and authority to execute and deliver this Escrow Agreement and to perform its obligations hereunder; and this Escrow Agreement has been duly approved by all necessary action and constitutes its valid and binding agreement enforceable in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, and other Laws of general application affecting enforcement of creditors' rights generally and Laws relating to the availability of specific performance, injunctive relief, or other equitable remedies.\n\n13. Identifying Information. To help the government fight the funding of terrorism and money laundering activities, federal Law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. For a nonindividual person such as a business entity, a charity, a trust, or other legal entity, Escrow Agent requires documentation to verify its formation and existence as a legal entity. Escrow Agent may ask to see licenses, identification and authorization documents from individuals claiming authority to represent the entity or other relevant documentation. The Parties acknowledge that a portion of the identifying information set forth herein is being requested by Escrow Agent in connection with the USA Patriot Act, Pub.L.107-56 (the \"Act\"), and each Party agrees to provide any additional information reasonably requested by Escrow Agent as required by the Act or any other legislation or regulation to which Escrow Agent is subject, in a timely manner.\n\n<span id=\"page-7-1\"></span>14. Consent to Jurisdiction and Venue. In the event that any Party commences a lawsuit or other proceeding relating to or arising from this Escrow Agreement, the Parties agree to the personal jurisdiction by and venue in the federal courts situated in the District of Connecticut, including the U.S. Bankruptcy Court, and the Parties waive any objection to such jurisdiction or venue. Each of the Parties hereby absolutely and irrevocably consents and submits to the jurisdiction and venue of such federal courts in connection with any actions or proceedings brought against any Parties (or each of them) arising out of or relating to this Escrow Agreement. In any such action or proceeding, the Parties absolutely and irrevocably (a) waive any objection to jurisdiction or venue, (b) waive personal service of any summons, complaint, declaration or other process, and (c) agree that the service thereof may be made by certified or registered first-class mail directed to such Party, as the case may be, at their respective addresses in accordance with Section 15.\n\n15. Wire Instruction and Notices. All notices, approvals, consents, requests, and other communications hereunder shall be in writing (provided that any communication sent to Escrow Agent hereunder must be in the form of a document that is signed manually or by way of a digital signature provided by DocuSign) and shall be delivered: (a) by hand delivery, (b) by FedEx or other similar overnight courier service, or (c) via email (to the extent the recipient has an email address below) by way of a PDF attachment thereto. Notice made in accordance with this Section 15 shall be deemed delivered on (a) receipt if delivered by hand or email (proving proof of sending), or (b) the next Business Day after deposit with an overnight courier service if delivered for next day delivery. Such notices shall be sent to the applicable Party or Parties at the address specified below:\n\n## **If to HK USA, at:**\n\nZeisler & Zeisler, P.C. 10 Middle St., 15th Fl. Bridgeport, CT 06604\n\nAttn.: Stephen M. Kindseth, Esq. and Aaron Romney, Esq.\n\nEmail:\n\nStephen M. Kindseth, Esq. [\\(skindseth@zeislaw.com\\)](mailto:skindseth@zeislaw.com) and\n\nAaron Romney, Esq. [\\(aromney@zeislaw.com\\)](mailto:aromney@zeislaw.com)\n\nWith copy to:\n\nHo Wan Kwok c/o William R. Baldiga [\\(WBaldiga@brownrudnick.com\\)](mailto:WBaldiga@brownrudnick.com) and Jeffrey L. Jonas (JJonas@brownrudnick.com)\n\n# **If to the Committee, at:**\n\nPullman & Comley, LLC 850 Main Street Bridgeport, CT 06601 Attn: Irve Goldman\n\nEmail: Irve Goldman, Esq. [\\(igoldman@pullcom.com\\)](mailto:igoldman@pullcom.com) and Jonathan Kaplan, Esq. [\\(jkaplan@pullcom.com\\)](mailto:jkaplan@pullcom.com)\n\nWith copy to:\n\nSamuel Nunberg, [snunberg@winstonashe.com\\)](mailto:snunberg@winstonashe.com)\n\nCase 22-50073 Doc 294-2 Filed 04/29/22 Entered 04/29/22 14:37:32 Page 10 of\n\n20\n\nAnd with copy to:\n\nPacific Alliance Asia Opportunity Fund, L.P. Email: [jlewis@pagasia.com](mailto:jlewis@pagasia.com)\n\nPeter Friedman, Esq. [\\(pfriedman@omm.com\\)](mailto:pfriedman@omm.com)\n\nCarollynn H.G. Callari, Esq. (ccallari@callaripartners.com)\n\n## **If to Escrow Agent at:**\n\nU.S. Bank National Association, as Escrow Agent Attn: Global Corporate Trust 185 Asylum Street, 27th Floor Hartford, CT 06103 Email: laurel.casasanta@usbank.com\n\nand to:\n\nU.S. Bank National Association Attn: Jeffrey Biehn Trust Finance Management, Escrow Dept. 60 Livingston Street St. Paul, MN 55107 Email: jeffrey.biehn@usbank.com and [tfmcorporateescrowshared@usbank.com](mailto:tfmcorporateescrowshared@usbank.com)\n\nwhose wire transfer instructions for the Escrow Funds are as follows:\n\n|       | RBK: U.S. Bank N.A                                           |\n|-------|--------------------------------------------------------------|\n|       | ABA: 091000022                                               |\n| BNF:  | U.S. Bank TFM Escrow                                         |\n|       | 777 E. Wisconsin Avenue                                      |\n|       | Milwaukee, WI 53202-5300                                     |\n| Acct: | 104793255431                                                 |\n| FFC:  | HK International Funds Investments (USA) Limited, LLC Escrow |\n|       | # 216260000                                                  |\n\nor to such other address as each Party may designate for itself by like notice and unless otherwise provided herein shall be deemed to have been given on the date received. The other Parties agree to assume all risks arising out of the use of electronic methods to submit documentation contemplated by Section 4 of this Escrow Agreement and any other instructions or directions to\n\n20\n\nEscrow Agent, including without limitation the risk of Escrow Agent acting on unauthorized\n\nthis Escrow Agreement may be changed, waived, modified, discharged, terminated or varied in any manner whatsoever unless ordered by the Bankruptcy Court or such other court having jurisdiction over this Escrow Agreement and the Escrow Funds. No course of conduct shall constitute a waiver of any of the terms and conditions of this Escrow Agreement, unless such waiver is specified in writing, and then only to the extent so specified. A waiver of any of the terms and conditions of this Escrow Agreement on one occasion shall not constitute a waiver of the other terms of this Escrow Agreement, or of such terms and conditions on any other occasion. Except as provided in Section [8,](#page-5-1) this Escrow Agreement may not be assigned by any Party without\n\n16. Amendment, Waiver and Assignment. None of the terms or conditions of\n\ninstructions, and the risk of interception and misuse by third parties.\n\nthe written consent of the other Parties.\n\n17. Severability. To the extent any provision of this Escrow Agreement is prohibited by or invalid under applicable Law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Escrow Agreement.\n\n18. Governing Law. This Escrow Agreement shall be construed and interpreted in accordance with the internal Laws of the State of Connecticut without giving effect to the conflict of laws principles thereof.\n\n19. Entire Agreement, No Third Party Beneficiaries. This Escrow Agreement constitutes the entire agreement between the Parties relating to the holding, investment and disbursement of the Escrow Funds and sets forth in their entirety the obligations and duties of Escrow Agent with respect to the Escrow Funds. Except as provided in Section 10, nothing in this Escrow Agreement, express or implied, is intended to or shall confer upon any other person any right, benefit or remedy of any nature whatsoever under or by reason of this Escrow Agreement.\n\n20. Execution in Counterparts, Facsimiles. This Escrow Agreement may be executed in two or more counterparts, which when so executed shall constitute one and the same agreement or direction. The delivery of copies of this Escrow Agreement or any Joint Written Direction and their respective signature pages by PDF or facsimile or other electronic transmission (including any electronic signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com) shall constitute effective execution and delivery as to the Parties and may be used in lieu of originals for all purposes.\n\n21. Termination. This Escrow Agreement shall terminate upon the distribution of all the Escrow Funds pursuant to any applicable provision of this Escrow Agreement.\n\n22. Dealings. Escrow Agent and any stockholder, director, officer or employee of Escrow Agent may buy, sell, and deal in any of the securities of HK USA and become pecuniarily interested in any transaction in which HK USA may be interested, and contract and lend money to HK USA and otherwise act as fully and freely as though it were not Escrow Agent under this Escrow Agreement. Nothing herein shall preclude Escrow Agent from acting in any other capacity for HK USA or for any other entity.\n\nmonthly cash transaction statements that include detail for all investment transactions made by\n\nconsequences of this Escrow Agreement and HK USA and the Committee shall consult with independent counsel concerning any and all tax matters. HK USA shall provide Escrow Agent with a completed original IRS Form W-9 or IRS Form W-8, as applicable, for each payee, together with any other documentation and information reasonably requested by Escrow Agent in connection with Escrow Agent's reporting obligations under applicable IRS regulations. If such tax documentation is not so provided, Escrow Agent shall withhold taxes as required by the IRS.\n\nEscrow Agent.\n\n23. Statements. Escrow Agent will furnish HK USA, and the Committee\n\n24. Tax Reporting. Escrow Agent shall have no responsibility for the tax\n\n20\n\nThe Parties agree for all tax purposes that HK USA shall be treated as the owner of the Escrow Account. HK USA and the Committee have determined that any Earnings shall be reported on an accrual basis one hundred percent (100%) for the account of HK USA, and reported by Escrow Agent as earned as such on an IRS Form 1099 or other applicable form. The Parties further agree that to the extent that IRS imputed interest regulations apply, HK USA shall so inform Escrow Agent, and provide Escrow Agent with all imputed interest calculations as HK USA deems appropriate. Escrow Agent shall rely solely on such provided calculations and information and shall have no responsibility for the accuracy or completeness of any such calculations or information.\n\n25. WAIVER OF TRIAL BY JURY. EACH PARTY HEREBY WAIVES ANY RIGHT THAT IT MAY HAVE TO A TRIAL BY JURY ON ANY CLAIM, COUNTERCLAIM, SETOFF, DEMAND, ACTION OR CAUSE OF ACTION (A) ARISING OUT OF OR IN ANY WAY RELATED TO THIS ESCROW AGREEMENT OR (B) IN ANY WAY IN CONNECTION WITH OR PERTAINING OR RELATED TO OR INCIDENTAL TO ANY DEALINGS OF THE PARTIES TO THIS ESCROW AGREEMENT OR IN CONNECTION WITH THIS ESCROW AGREEMENT OR THE EXERCISE OF ANY SUCH PARTY'S RIGHTS AND REMEDIES UNDER THIS ESCROW AGREEMENT OR THE CONDUCT OR THE RELATIONSHIP OF THE PARTIES TO THIS ESCROW AGREEMENT, IN ALL OF THE FOREGOING CASES WHETHER NOW EXISTING OR HEREAFTER ARISING AND WHETHER IN CONTRACT, TORT OR OTHERWISE. EACH OF THE PARTIES HEREBY FURTHER ACKNOWLEDGES AND AGREES THAT EACH HAS REVIEWED OR HAD THE OPPORTUNITY TO REVIEW THIS WAIVER WITH ITS RESPECTIVE LEGAL COUNSEL, AND THAT IT KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH SUCH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, THIS ESCROW AGREEMENT MAY BE FILED AS A CONSENT BY ALL PARTIES TO A TRIAL BY THE COURT.\n\n26. Publicity. Except to the extent required by applicable Law, no Party will (a) use any other Party's proprietary indicia, trademarks, service marks, trade names, logos, symbols, or brand names, or (b) otherwise refer to or identify any other Party in advertising, publicity releases, or promotional or marketing publications, or correspondence to third parties without, in each case, securing the prior written consent of such other Party.\n\n27. No Conflicts. In the event the terms of this Escrow Agreement conflict with the terms of the Stipulated Order as to the rights and obligations of HK USA and the Committee,\n\nthen as between HK USA and the Committee (but not as to the Escrow Agent), the terms of the Stipulated Order shall control and supersede any conflicting terms herein.\n\n28. No Right to Escrow Funds. Except as otherwise expressly set forth herein, HK USA and the Committee shall not have any right, title or interest in or possession of any of the Escrow Funds. Without limiting the generality of the foregoing: (i) HK USA and the Committee shall not have the ability to pledge, convey, hypothecate or grant a security interest in any portion of the Escrow Funds unless and until such portion of the Escrow Funds have been disbursed to such person in accordance with the provisions of this Escrow Agreement and (ii) until the Escrow Funds have been disbursed in accordance with the provisions of this Escrow Agreement, the Escrow Agent shall be in sole possession of the Escrow Funds and will not act or be deemed to act as custodian for any Party for purposes of perfecting a security interest therein.\n\n*[Signature pages immediately follow.]*\n\n**IN WITNESS WHEREOF**, the Parties have caused this Escrow Agreement to be executed as of the date first above written.\n\n# **HK INTERNATIONAL FUNDS INVESTMENTS (USA) LIMITED, LLC**:\n\n|                    | By: _______________________________ |\n|--------------------|-------------------------------------|\n| Name: Mei Guo      |                                     |\n| Title: Sole Member |                                     |\n\n**IN WITNESS WHEREOF**, the Parties have caused this Escrow Agreement to be executed as of the date first above written.\n\n# **THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS, APPOINTED IN THE BANKRUPTCY CASE,** *IN RE: HO WAN KWOK***, CASE NO. 22-50073(JAM)**\n\nBy: \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ Name: Samuel Nunberg, Chairman\n\n**IN WITNESS WHEREOF**, the Parties have caused this Escrow Agreement to be executed as of the date first above written.\n\n## **ESCROW AGENT**:\n\n**U.S. BANK NATIONAL ASSOCIATION** as Escrow Agent\n\nBy:\n\n Name: Laurel Casasanta Title: Vice President\n\n#### **SCHEDULE A**\n\n### **Escrow Agent Compensation**\n\n| Acceptance Fee         | \\$750.00           |\n|------------------------|--------------------|\n| Administration Fee     | \\$2,500.00         |\n| Trades/Investments     | \\$65.00 per trade* |\n| Wire Fees              | \\$35.00 each*      |\n| Counsel Fee            | Billed as incurred |\n| Out-of-Pocket Expenses | Billed as incurred |\n\n\\* Waived if funds are invested in U.S. Bank MMDA\n\n#### **Extraordinary Administration Expenses:**\n\nFees for services not specifically set forth in this schedule will be determined by appraisal. Such services may include, but not be limited to, additional responsibilities and services incurred in connection with amendments or extensions of the governing documents, unusual time spent as in the case of litigation.\n\n## **Out-of-Pocket Expenses:**\n\nAny out-of-pocket expenses incurred by us will be billed at cost. These items will include, but not be limited to, reasonable legal costs, travel expenses, document duplication and facsimiles, courier services, etc.\n\n#### **Escrow Agent's Counsel:**\n\nThe Escrow Agent has engaged Shipman & Goodwin LLP to represent it in this matter. Escrow Agent's reasonable Counsel fees and disbursements will be billed at cost directly by Shipman & Goodwin LLP.\n\n## **Payment Upon Execution of this Agreement**:\n\nThe Acceptance Fee and the Administration Fee are due upon closing of the transaction without further invoice from the Escrow Agent to the responsible party. Wiring instructions for such payment are as set forth in Section 15. To the extent that fees are included in the incoming wire(s) of the escrow amounts and deposited in the Escrow Funds, the Escrow Agent is hereby authorized to debit such fees from the Escrow Funds.\n\n#### **SCHEDULE B-1**\n\nThe following person is a HK USA Representative authorized to execute documents and direct Escrow Agent as to all matters under this Escrow Agreement, including fund transfers, address changes and contact information changes, on HK USA's behalf (only one signature required):\n\nStephen M. Kindseth Name Specimen signature\n\n(203) 394-1270\n\nTelephone No.\n\n#### **SCHEDULE B-2**\n\nThe following person is the Committee Representative authorized to execute documents and direct Escrow Agent as to all matters under this Escrow Agreement, including fund transfers, address changes and contact information changes, on Committee's behalf (only one signature required):\n\nJonathan A. Kaplan\n\nName Specimen signature\n\n(860) 604-9978 Telephone No.\n\n#### **SCHEDULE C**\n\n### **U.S. BANK NATIONAL ASSOCIATION Investment Authorization Form**\n\n#### **U.S. BANK MONEY MARKET DEPOSIT ACCOUNT**\n\n#### **Description and Terms**\n\nThe U.S. Bank Money Market Deposit Account is a U.S. Bank National Association (\"U.S. Bank\") interest-bearing money market deposit account designed to meet the needs of U.S. Bank's Corporate Trust Escrow Group and other Corporate Trust customers of U.S. Bank. Selection of this investment includes authorization to place funds on deposit and invest with U.S. Bank.\n\nU.S. Bank uses the daily balance method to calculate interest on this account (actual/365 or 366). This method applies a daily periodic rate to the principal balance in the account each day. Interest is accrued daily and credited monthly to the account. Interest rates are determined at U.S. Bank's discretion, and may be tiered by customer deposit amount.\n\nThe owner of the account is U.S. Bank as agent for its Corporate Trust customers. U.S. Bank's Corporate Trust Escrow Group performs all account deposits and withdrawals. Deposit accounts are FDIC insured per depositor, as determined under FDIC Regulations, up to applicable FDIC limits.\n\nU.S. BANK IS NOT REQUIRED TO REGISTER AS A MUNICIPAL ADVISOR WITH THE SECURITIES AND EXCHANGE COMMISSION FOR PURPOSES OF COMPLYING WITH THE DODD-FRANK WALL STREET REFORM & CONSUMER PROTECTION ACT. INVESTMENT ADVICE, IF NEEDED, SHOULD BE OBTAINED FROM YOUR FINANCIAL ADVISOR.\n\n#### **Automatic Authorization**\n\nIn the absence of specific written direction to the contrary, U.S. Bank is hereby directed to invest and reinvest proceeds and other available moneys in the U.S. Bank Money Market Deposit Account. The customer(s) confirm that the U.S. Bank Money Market Deposit Account is a permitted investment under the operative documents and this authorization is the permanent direction for investment of the moneys until notified in writing of alternate instructions.","body_zh":"附件\n\nA\n托管协议\n\n本托管协议，日期为 April 28, 2022（本“托管协议”），由 HK International Funds Investments (USA) Limited, LLC（一家特拉华州有限责任公司，以下简称“HK USA”）、在破产案件中获委任的 Official Committee of Unsecured Creditors（无担保债权人官方委员会，以下简称“委员会”）以及 U.S. Bank National Association（一家全国性银行协会，作为本协议项下的托管代理人，以下简称“托管代理人”；托管代理人与 HK USA 及委员会合称时，分别可称为“一方”或统称为“各方”）共同订立。\n背景\n\nA. Ho Wan Kwok（郭文贵，以下简称“债务人”）目前是题为 In re: Ho Wan Kwok, Case No. 22-50073（以下简称“破产案件”）的破产案件中的债务人及占有中债务人；该案件目前正在 United States Bankruptcy Court, District of Connecticut, Bridgeport Division（美国康涅狄格州联邦破产法院布里奇波特分院）审理，由尊敬的 Julie A. Manning 法官主持（以下简称“破产法院”）。\n\nB. HK USA、委员会以及该等文件的某些其他当事方，已就某份 [Proposed] Stipulated Order Compelling HK International Funds Investments (USA) Limited, LLC To Transport and Deliver That Certain Yacht, The \"Lady May\"（《要求 HK International Funds Investments (USA) Limited, LLC 运输并交付涉案游艇“Lady May”的[拟议]协议裁定》，以下简称“协议裁定”）所载的条款和条件达成约定并同意。\n\nC. 仅就 HK USA 与委员会之间而言，本协议中使用但未另行定义的首字母大写术语，应具有协议裁定中赋予该等术语的含义。\n\nD. 协议裁定规定，除其他事项外，HK USA 应在签署本托管协议的同时，将托管资金（定义见下文第 3 条）存入一个独立的托管账户，由托管代理人持有，以担保履行协议裁定所规定的“交付义务”。\n\nE. 托管代理人已同意按照本托管协议的条款接受、持有及支付托管资金。\n\nF. HK USA 已指定 HK USA Representative(s)（定义见下文第 1 条）就与托管资金及本托管协议有关的一切事项代表 HK USA。\n\nG. 委员会已指定 Committee Representative（定义见下文第 1 条）就与托管资金及本托管协议有关的一切事项代表委员会。\n条款\n\n因此，鉴于已确认收到且充分的良好及有价值对价，各方为其自身、继承人及受让人，特此协议如下：\n\n1. 定义。本协议中使用下列术语时，应具有下列含义：\n\na. “营业日”系指美国境内除星期六或星期日以外的任何日期，或位于纽约州纽约市的联邦储备银行关闭的任何日期。\n\nb. “委员会代表”系指本协议附件 B-2 中指定的一人或多人，或由委员会签署书面文件并依照本托管协议的通知条款交付给托管代理人及其他各方、以根据本托管协议担任委员会代表的任何其他一人或多人。\n\nc. “HK USA 代表”系指本协议附件 B-1 中指定的一人或多人，或由 HK USA 签署书面文件并依照本托管协议的通知条款交付给托管代理人及各方、以根据本托管协议担任 HK USA 代表的任何其他一人或多人。\n\nd. “HK USA 证明”系指协议裁定所定义并依照协议裁定作出的“HK USA 证明”。\n\ne. “托管账户”系指一个独立账户，该账户应按照协议裁定的规定担保 HK USA 履行交付义务。\n\nf. “托管期间”系指自本协议日期起至托管代理人按照本协议条款支付全部托管资金之日托管代理人营业日结束时止的期间。\n\n2. 托管代理人的委任及接受。HK USA 特此委任托管代理人担任本协议项下的托管代理人。托管代理人特此接受该委任，并在根据下文第 [3] 条以电汇方式收到托管资金后，同意按照本托管协议持有、投资及支付托管资金。\n\n3. 托管资金的存入。在签署及交付本托管协议的同时，HK USA 将通过即时可用资金电汇方式，向托管代理人指定的账户（“托管账户”）转入金额为 Thirty-Seven Million ($37,000,000) Dollars 的现金（该金额连同其产生的任何利息及其他收益，统称为“收益”；该等金额及收益合称“托管资金”）。托管账户应作为独立并单独命名及编号的账户予以维护。\n\n4. 托管资金的支付。\n\na. 托管代理人应在收到下列文件后，随时按照该等文件支付托管资金：(i) HK USA 证明，连同由 HK USA 的律师 Zeisler & Zeisler, P.C., Bridgeport, Connecticut 出具的证明，证明该 HK USA 证明已依照协议裁定正式提交给托管代理人；托管代理人应对该等文件作出终局性依赖；(ii) 破产法院于 July 16, 2022 当日或之后作出的、指示交付托管资金的最终且不可上诉的命令，连同由请求支付的一方出具的证明，证明该破产法院命令为破产法院最终且不可上诉的命令；托管代理人应对该证明作出终局性依赖（“最终命令”）；(iii) 仲裁员或具有管辖权的法院于 July 16, 2022 当日或之后作出的最终且不可上诉的裁决、命令、决定、判决书或裁定，确定 HK USA、债务人及委员会、债务人的债权人（包括但不限于根据开曼群岛法律作为获豁免有限合伙企业设立的投资基金 Pacific Alliance Asia Opportunity Fund, L.P.（“PAX”））就托管资金或其任何部分所享有的权利，并指示交付托管资金，连同由请求支付的一方出具的证明，证明该仲裁员或法院的裁决、命令、决定、判决书或裁定为具有管辖权的仲裁员或法院作出的最终且不可上诉的裁决、命令、决定、判决书或裁定；托管代理人应对该证明作出终局性依赖（“最终决定”）；或 (iv) 破产法院于 July 16, 2022 当日或之后作出的、不受任何中止约束的命令，指示依照协议裁定第 9 条交付托管资金，连同由请求支付的一方出具的证明，证明该破产法院命令为不受任何中止约束的破产法院命令；托管代理人应对该证明作出终局性依赖（“第 9 条命令”）。请求支付的一方应依照本托管协议第 15 条，同时通过电子邮件向所有其他各方提供其证明的副本；托管代理人在进行任何支付前，应仅基于其对该电子邮件的审阅，确认完全遵守本句规定的通知义务。视具体情况而定，该 HK USA 证明、最终命令、最终决定、第 9 条命令（或随附于该 HK USA 证明、最终命令、最终决定、第 9 条命令的证明）应载有完整的付款指示，包括电汇指示或应将支票寄送至的地址。\n\nb. 在进行任何支付前，托管代理人应已收到关于该等支付的任何收款人的合理身份识别信息，以使托管代理人能够遵守其监管义务及商业上合理的商业惯例，包括但不限于已填写完整的 United States Internal Revenue Service（美国国内税务局，以下简称“IRS”）Form W-9 或 IRS Form W-8 原件（如适用）。托管资金中的所有资金支付均应受本协议第 [10] 条及第 [11] 条规定的托管代理人费用和债权的约束。\n\nc. 除本协议规定外，托管代理人不得支付任何托管资金。\n\n5. 履行的中止；向法院支付。若在任何时候，(a) HK USA 与委员会之间就持有或处置全部或任何部分托管资金，或就托管代理人在本协议项下的任何其他义务存在任何争议，(b) 托管代理人无法善意确定全部或任何部分托管资金的适当处置方式，或托管代理人就其本协议项下义务应采取的适当行动，或 (c) 在托管代理人根据第 [7] 条发出辞任通知后六十（60）个日历日内，HK USA 与委员会尚未指定继任托管代理人根据本协议行事，则托管代理人可自行决定采取下列一项或两项行动：\n\ni. 就受该等争议或不确定性影响的托管资金，中止履行其在本托管协议项下的任何义务（包括但不限于任何支付义务），直至托管代理人收到视具体情况而定指示交付该部分托管资金的 HK USA 证明、最终命令、最终决定或第 9 条命令（连同本协议第 4(a) 条所设想随附于该等文件的证明）；在此情况下，托管代理人应按照该 HK USA 证明、最终命令、最终决定或第 9 条命令（及该证明）支付该部分托管资金；或直至继任托管代理人已获指定；或\n\nii. 根据第 [14] 条，向任何法院申请（通过提起交互诉讼或任何其他适当方式）就该等争议或不确定性取得指示，并在法律要求或允许的范围内，在扣除并向托管代理人支付因其履行本协议项下职责及行使本协议项下权利而应付给、已产生或预计将产生的所有有文件证明的自付费用及开支（包括诉讼费用及律师费）后，将受该等争议或不确定性影响的全部托管资金支付至该法院，以根据该法院的指示持有及处置。\n\n对于任何该等履行中止或向法院支付，托管代理人对 HK USA 或委员会、任何 HK USA 代表或委员会代表、其各自的所有人、股东或成员，或任何其他人均不承担责任，尤其包括可能因托管资金支付延迟或托管代理人被要求或请求采取的任何其他行动延迟或与之有关而产生、或被主张已产生的任何责任或被主张的责任，除非该等责任系由托管代理人的恶意、故意不当行为或重大过失所致。\n\n6. 资金的投资。兹指示托管代理人将托管资金投资及再投资于附表 C 所列的投资项目。HK USA 和委员会确认，托管代理人没有且不会承担提供投资建议的任何义务。所有投资均应以托管代理人的名义进行。尽管本协议载有任何相反规定，托管代理人可在任何时候就根据本协议第 [4] 条进行的任何托管资金支付，毋须通知 HK USA 和委员会，即出售或清算上述任何投资。所有投资收益均应构成托管资金的一部分，投资损失应从托管资金中扣除。除非该等损失、成本或罚金系由托管代理人的重大过失、恶意或故意不当行为直接造成，否则托管代理人不应就根据本托管协议作出的任何投资价值损失，或因出售或清算托管资金而产生的任何损失、成本或罚金承担责任。对于托管代理人在纽约市时间下午三时后收到的任何托管资金，托管代理人无须在明尼苏达州圣保罗的银行和纽约证券交易所营业的下一日之前投资该等资金或执行任何投资指示。托管代理人对确定任何投资的市场价值或其他价值不承担任何责任，且不就任何该等估值的准确性作出任何陈述或保证。在适用法规赋予接收某些证券交易经纪确认书的权利的范围内，HK USA 和委员会放弃接收该等确认书。\n\n7. 托管代理人的辞任/解除。托管代理人可：(a) 通过向 HK USA 和委员会提前六十（60）个日历日发出书面通知，说明该辞任生效的日期，随时辞任并解除其在本协议项下履行职责的义务；或 (b) 经 HK USA 和委员会向托管代理人发出由 HK USA 和委员会签署的提前六十（60）个日历日书面通知，被 HK USA 和委员会解除其在本协议项下作为托管代理人的职务。在任何该等辞任或解除通知发出后，HK USA 应在该等辞任或解除生效日期之前，委任经委员会书面接受或经破产法院（Bankruptcy Court）裁定批准的继任托管代理人。若 HK USA 未在该期限内委任继任托管代理人，托管代理人有权向破产法院申请委任继任托管代理人，且与该申请有关的所有有书面凭证的实际支出成本及费用（包括但不限于合理的律师费）应由 HK USA 支付。辞任或被解除的托管代理人应转交与托管资金有关的所有记录，并在扣除及向托管代理人支付所有应付给托管代理人、由托管代理人发生或预期由托管代理人因履行其职责及行使其在本协议项下权利而发生的费用和开支（包括诉讼费用和律师费）后，向继任托管代理人支付全部托管资金；辞任或被解除的托管代理人可先行制作其认为适宜的该等记录副本。在任何辞任或被解除的托管代理人辞任或被解除后，本托管协议的规定应就其在担任本托管协议项下托管代理人期间已采取或未采取的任何行动使其受益。\n\n8. 约束效力；继承人。本托管协议对各方及其继承人、遗嘱执行人、继任人和获准受让人具有约束力。若托管代理人合并、并入或转换为另一公司，或将其全部或实质上全部公司信托业务（包括本托管协议所设想的托管账户）转让给另一公司，则该继任公司或受让公司应自动成为继任托管代理人，无须进一步行为。\n\n9. 托管代理人的责任。托管代理人承诺仅履行本协议明确规定的职责，不应推定其承担任何职责。托管代理人不承担任何种类的信义义务或酌情决定义务。托管代理人对于本托管协议以外的任何文件的规定不承担责任或查询义务，亦不应被视为知悉该等文件，包括但不限于约定裁定（Stipulated Order）、破产案件（Bankruptcy Case）中的任何诉状或其他文件，以及任何或全部各方或任何其他人士之间的任何其他协议，即使本协议可能提及该等文件，且无论是否已向托管代理人提供该等文件副本。除非具有管辖权的法院认定托管代理人的重大过失、恶意或故意不当行为是导致 HK USA 或委员会遭受任何损失的原因，否则托管代理人不应就其在本协议项下已采取或未采取的任何行动承担责任。托管代理人的唯一责任应为按照本托管协议的条款保管和支付托管资金。托管代理人不应被视为知悉或收到本协议、HK USA 证明书（HK USA Certification）、最终命令（Final Order）、最终认定（Final Determination）或第 9 条命令（Section 9 Order）中未具体载明的任何事实或情况。托管代理人可善意依赖任何通知、指示、请求或其他文书，不仅可依赖其是否得到适当签署、是否有效及是否生效，也可依赖其中所载任何信息的真实性和准确性；托管代理人应善意相信该等文件真实，并相信其已由声称签署或提交该等文件的人士或各方签署或提交。在任何情况下，托管代理人均不应对附带、间接、特殊、后果性或惩罚性损害赔偿或罚金（包括但不限于利润损失）承担责任，即使托管代理人已被告知发生该等损害赔偿或罚金的可能性，且无论诉讼形式为何。托管代理人不应对因其无法控制的行为导致的履行迟延或未履行承担责任，包括但不限于天灾、罢工、停工、暴乱、战争或恐怖行为、流行病、政府规章、火灾、通信线路故障、计算机病毒、攻击或入侵、停电、地震或其他自然灾害。托管代理人无义务就托管资金、托管账户、本托管协议或约定裁定采取任何法律行动或启动任何程序，亦无义务出席、提起或抗辩任何该等法律行动或程序，或采取任何其他依托管代理人自行判断可能使其面临潜在费用或责任的行动。对于本协议或任何其他协议中任何条款的解释、其在本协议项下职责的解释，或涉及任何一方的任何争议，托管代理人可咨询由其选定的法律顾问；托管代理人善意地依照该法律顾问的书面意见和指示行事，不承担任何责任并应得到充分保护，且应在第 [10.] 条规定的范围内获得赔偿。HK USA 和委员会同意尽合理努力履行或促使履行一切进一步行为和事项，并签署和交付适用法律可能要求的或托管代理人可能就其在本协议项下职责合理要求的进一步文件。若本协议规定任何行为须于某一指定日期当日或之前完成，而该日期并非营业日，则该行为可于紧随其后的下一个营业日完成。\n\n兹授权托管代理人依其自行裁量，遵守任何法院就托管资金发出的最终且不可上诉的命令或作出的法律程序；托管代理人的法律顾问以书面意见告知其该等命令或法律程序可能对其具有约束力。若托管资金的任何部分在任何时候根据任何最终且不可上诉的法院命令被扣押、扣划或征收，或任何该等财产的支付、让与、转让、移转或交付被任何最终且不可上诉的法院命令中止或禁止，或任何法院作出或登记影响该等财产或其任何部分的任何最终且不可上诉的命令、判决书或法令，则在任何该等情况下，兹授权托管代理人依其自行裁量，依赖并遵守其所选定的法律顾问以书面意见告知其对其具有约束力的任何该等命令、令状、判决书或法令，无须提起上诉或采取其他行动；且若托管代理人遵守任何该等命令、令状、判决书或法令，即使该等命令、令状、判决书或法令其后被撤销、修改、废止、撤销或宣告无效，托管代理人亦不应因该等遵守而对其他任何一方或任何其他人士或实体承担责任。\n\n10. 对托管代理人的赔偿。HK USA 承诺并同意，就因其作为本协议项下托管代理人善意行事而直接或间接产生或导致的任何索赔（包括 HK USA 或委员会提出的索赔）或责任，向托管代理人（及其董事、高级职员、雇员和关联方）赔偿任何合理且有书面凭证的实际支出损害赔偿、成本和费用（包括但不限于合理且有书面凭证的实际支出律师费），并使托管代理人（及其董事、高级职员、雇员和关联方）免受损害；但该等承诺和协议不延及托管代理人因其自身重大过失、恶意或故意不当行为而直接导致发生或遭受的该等成本、费用、损失和损害赔偿，托管代理人亦无权就此获得赔偿；但进一步规定，若该等成本、费用和损害赔偿因一方未能依第 4(e) 条（视情况适用）提供完整签署的 IRS Forms W-9 或 W-8 而产生或归因于该等未提供，则该方应独自负责就该等成本、费用和损害赔偿向托管代理人作出赔偿。上述赔偿及使其免受损害的协议在本托管协议终止及托管代理人辞任或被解除后继续有效。\n\n11. 托管代理人的报酬。HK USA 同意按照本协议所附附表 A，就托管代理人在本协议项下提供的服务向其支付报酬。HK USA 在本第 [11] 条项下的义务在本托管协议终止及托管代理人辞任或被解除后继续有效。HK USA 就本协议项下应付给托管代理人的任何报酬、偿还款或赔偿，授予托管代理人对托管资金的担保权益和留置权。\n\n12. 陈述与保证。HK USA 和委员会各自单独而非共同向托管代理人陈述并保证，该方具有签署和交付本托管协议以及履行其在本协议项下义务的完全法律行为能力、权力和授权；且本托管协议已获一切必要行动的适当批准，并构成该方有效且具有约束力的协议，可依其条款执行，但该等可执行性可能受适用的破产、无力偿债、重整、暂缓及其他普遍适用的、影响债权人权利执行的法律，以及有关实际履行、禁令救济或其他衡平法救济可获得性的法律所限制。\n\n13. 身份识别信息。为协助政府打击恐怖主义融资和洗钱活动，联邦法律要求所有金融机构获取、核实并记录能够识别每一位开户人的信息。对于企业实体、慈善机构、信托或其他法律实体等非自然人，托管代理人要求提供文件以核实其设立以及其作为法律实体的存续。托管代理人可要求查验执照、声称有权代表该实体的个人的身份证明及授权文件，或其他相关文件。各方确认，本协议中所列的部分身份识别信息是托管代理人根据 USA Patriot Act, Pub.L.107-56（以下简称“该法案”）所要求提供的；各方同意，依该法案或托管代理人受其约束的任何其他法律或法规要求，及时提供托管代理人合理要求的任何补充信息。\n\n14. 同意管辖权和审判地。如任何一方就本托管协议相关事宜或因本托管协议而提起诉讼或其他程序，各方同意由位于 District of Connecticut（康涅狄格州联邦地区）的联邦法院，包括 U.S. Bankruptcy Court（美国破产法院），行使对人管辖权并作为审判地，且各方放弃对该等管辖权或审判地提出任何异议。各方特此绝对且不可撤销地同意并服从该等联邦法院就因本托管协议引起或与本托管协议有关、针对任何一方（或其中每一方）提起的任何诉讼或程序所享有的管辖权和审判地。在任何该等诉讼或程序中，各方绝对且不可撤销地：(a) 放弃对管辖权或审判地提出任何异议；(b) 放弃对任何传票、起诉状、声明或其他法律程序文件进行本人送达；及 (c) 同意可依第15条规定，视具体情况，以寄往该方各自地址的经认证或挂号一类邮件送达该等文件。\n\n15. 电汇指示和通知。本协议项下所有通知、批准、同意、请求及其他通信均应以书面作出（但本协议项下发送给托管代理人的任何通信，必须采用手写签署或通过 DocuSign 提供的数字签名签署的文件形式），并应以下列方式送达：(a) 专人递送；(b) 通过 FedEx 或其他类似的隔夜快递服务；或 (c) 通过电子邮件（以收件人在下文列有电子邮件地址为限）发送 PDF 附件。根据本第15条作出的通知，应视为于下列时间送达：(a) 如以专人递送或电子邮件发送，则于收到时（提供发送证明）；或 (b) 如交由隔夜快递服务次日递送，则于交寄后的下一个营业日。该等通知应发送至下列地址所列的适用一方或各方：\n\n如发送给 HK USA，地址为：\n\nZeisler & Zeisler, P.C.（泽斯勒与泽斯勒专业公司） 10 Middle St., 15th Fl. Bridgeport, CT 06604\n\n收件人：Stephen M. Kindseth, Esq.（斯蒂芬·M·金德塞斯律师）和 Aaron Romney, Esq.（亚伦·罗姆尼律师）\n\n电子邮件：\n\nStephen M. Kindseth, Esq. [\\(skindseth@zeislaw.com\\)] 和\n\nAaron Romney, Esq. [\\(aromney@zeislaw.com\\)]\n\n副本发送至：\n\nHo Wan Kwok（郭文贵）c/o William R. Baldiga（威廉·R·巴尔迪加）[\\(WBaldiga@brownrudnick.com\\)] 和 Jeffrey L. Jonas（杰弗里·L·乔纳斯）(JJonas@brownrudnick.com)\n\n如发送给委员会，地址为：\n\nPullman & Comley, LLC（普尔曼与康利有限责任公司） 850 Main Street Bridgeport, CT 06601 收件人：Irve Goldman（欧文·戈德曼）\n\n电子邮件：Irve Goldman, Esq. [\\(igoldman@pullcom.com\\)] 和 Jonathan Kaplan, Esq.（乔纳森·卡普兰律师）[\\(jkaplan@pullcom.com\\)]\n\n副本发送至：\n\nSamuel Nunberg（塞缪尔·纽伯格），[snunberg@winstonashe.com\\)]\n\n案号 22-50073 文件 294-2 于 04/29/22 提交 于 04/29/22 14:37:32 登记 第 10 页，共\n\n并副本发送至：\n\nPacific Alliance Asia Opportunity Fund, L.P.（太平洋联盟亚洲机会基金有限合伙企业）电子邮件：[jlewis@pagasia.com]\n\nPeter Friedman, Esq.（彼得·弗里德曼律师）[\\(pfriedman@omm.com\\)]\n\nCarollynn H.G. Callari, Esq.（卡罗琳·H.G.·卡拉里律师）(ccallari@callaripartners.com)\n\n如发送给托管代理人，地址为：\n\nU.S. Bank National Association（美国银行全国协会），作为托管代理人 收件人：Global Corporate Trust（全球公司信托）185 Asylum Street, 27th Floor Hartford, CT 06103 电子邮件：laurel.casasanta@usbank.com\n\n以及发送至：\n\nU.S. Bank National Association（美国银行全国协会）收件人：Jeffrey Biehn（杰弗里·比恩）Trust Finance Management, Escrow Dept. 60 Livingston Street St. Paul, MN 55107 电子邮件：jeffrey.biehn@usbank.com 和 [tfmcorporateescrowshared@usbank.com]\n\n其关于托管资金的电汇指示如下：\n\nRBK: U.S. Bank N.A\n\nABA: 091000022\nBNF:　U.S. Bank TFM Escrow\n777 E. Wisconsin Avenue\nMilwaukee, WI 53202-5300\nAcct:　104793255431\nFFC:　HK International Funds Investments (USA) Limited, LLC（HK国际基金投资（美国）有限责任公司）Escrow\n216260000\n\n或发送至各方可通过同类通知为其自身指定的其他地址；除非本协议另有规定，该等通知应视为于收到之日发出。其他各方同意承担因采用电子方式向托管代理人提交本托管协议第4条所设想的文件以及任何其他指示或指令而产生的所有风险，包括但不限于托管代理人依照未经授权的指示行事的风险，以及第三方截取和滥用的风险。\n\n16. 修订、弃权和转让。除非由破产法院或对本托管协议及托管资金具有管辖权的其他法院下令，否则本托管协议的任何条款或条件均不得以任何方式变更、弃权、修改、解除、终止或变动。任何行为过程均不构成对本托管协议任何条款和条件的弃权，除非该等弃权以书面明确作出，且仅在如此明确的范围内有效。在一次情况下对本托管协议任何条款和条件的弃权，不构成对本托管协议其他条款的弃权，亦不构成在任何其他情况下对该等条款和条件的弃权。除第[8,]条另有规定外，未经其他各方书面同意，任何一方不得转让本托管协议。\n\n17. 可分割性。在适用法律禁止或认定本托管协议任何条款无效的范围内，该等条款应在该等禁止或无效的范围内不发生效力，但不影响该条款其余部分或本托管协议其余条款的效力。\n\n18. 准据法。本托管协议应依照 Connecticut（康涅狄格州）的内部法律解释和诠释，不适用其法律冲突原则。\n\n19. 完整协议；无第三方受益人。本托管协议构成各方就托管资金的持有、投资和支付所达成的完整协议，并完整规定了托管代理人就托管资金承担的义务和职责。除第10条另有规定外，本托管协议中任何明示或默示的内容，均无意且不得赋予任何其他人依据本托管协议或因本托管协议而享有任何性质的权利、利益或救济。\n\n20. 副本签署；传真。本托管协议可签署两份或两份以上副本，该等副本一经签署，即构成同一份协议或指示。通过 PDF、传真或其他电子传输方式交付本托管协议或任何联合书面指示及其各自签署页的副本（包括任何符合 U.S. federal ESIGN Act of 2000 的电子签名，例如 www.docusign.com），对各方构成有效签署和交付，并可在一切目的下替代原件使用。\n\n21. 终止。本托管协议应于根据本托管协议任何适用条款分配全部托管资金后终止。\n\n22. 交易。托管代理人及托管代理人的任何股东、董事、高级职员或雇员均可买卖和交易 HK USA 的任何证券，并可在 HK USA 可能具有利益关系的任何交易中取得金钱利益，且可与 HK USA 订立合同、向 HK USA 出借资金，并以如同其并非本托管协议项下托管代理人一样完全且自由地行事。本协议任何内容均不得妨碍托管代理人为 HK USA 或任何其他实体以任何其他身份行事。\n\n23. 对账单。托管代理人将向 HK USA 和委员会提供月度现金交易对账单，其中包括托管代理人进行的所有投资交易的详细资料。\n\n24. 税务申报。托管代理人对本托管协议的税务后果不承担任何责任，HK USA 和委员会应就任何及所有税务事项咨询独立法律顾问。HK USA 应就每名收款人向托管代理人提供一份填写完整的 IRS Form W-9 或 IRS Form W-8 原件（视情况而定），连同托管代理人就其在适用 IRS 规定下的申报义务而合理要求的任何其他文件和信息。如未提供该等税务文件，托管代理人应按 IRS 要求代扣税款。各方为一切税务目的同意，HK USA 应被视为托管账户的所有人。HK USA 和委员会已确定，任何收益均应按权责发生制，以 100% 计入 HK USA 的账户，并由托管代理人在取得该等收益时通过 IRS Form 1099 或其他适用表格申报。各方进一步同意，在 IRS 推定利息规定适用的范围内，HK USA 应将此通知托管代理人，并向托管代理人提供 HK USA 认为适当的所有推定利息计算。托管代理人应仅依赖所提供的该等计算和信息，且对任何该等计算或信息的准确性或完整性不承担责任。\n\n25. 放弃陪审团审判。各方特此放弃其就任何下列请求、反请求、抵销、要求、诉讼或诉因享有的陪审团审判权：(A) 因本托管协议引起或以任何方式与本托管协议有关；或 (B) 以任何方式与本托管协议各方的任何交易有关、涉及、相关或附带，或与本托管协议有关，或与任何该方行使其在本托管协议项下的权利和救济、或本托管协议各方的行为或关系有关；在前述所有情形下，无论该等事项现已存在或日后发生，亦无论基于合同、侵权或其他原因。各方进一步确认并同意，其各自均已审阅或有机会与各自法律顾问审阅该等弃权，且其在咨询该等法律顾问后，知情且自愿地放弃其陪审团审判权。如发生诉讼，本托管协议可作为所有各方同意由法院审判的文件提交。\n\n26. 宣传。除适用法律要求的范围外，未经其他方事先书面同意，任何一方均不得：(a) 使用任何其他方的专有标识、商标、服务标志、商号、标志、符号或品牌名称；或 (b) 在广告、新闻稿、宣传或营销出版物，或致第三方的通信中以其他方式提及或识别任何其他方。\n\n27. 无冲突。如本托管协议的条款与 Stipulated Order（约定命令）的条款就 HK USA 和委员会的权利和义务发生冲突，则在 HK USA 与委员会之间（但不涉及托管代理人），约定命令的条款应予控制，并取代本协议中任何冲突的条款。\n\n28. 无托管资金权利。除非本协议另有明确规定，HK USA 和委员会均不对任何托管资金享有任何权利、所有权或权益，亦不占有任何托管资金。在不限制前述规定一般性的前提下：(i) 除非且直至该部分托管资金已根据本托管协议的规定向该人士支付，否则 HK USA 和委员会均无权质押、转让、抵押或就托管资金的任何部分授予担保权益；以及 (ii) 在托管资金根据本托管协议的规定支付之前，托管代理人应为托管资金的唯一占有人，且不得为完善其中的担保权益之目的而作为或被视为作为任何一方的保管人。\n\n[签署页紧随其后。]\n\n兹证明，各方已促使本托管协议于文首所载日期签署。\nHK INTERNATIONAL FUNDS INVESTMENTS (USA) LIMITED, LLC（香港国际基金投资（美国）有限公司）：\n\n签署人：_______________________________\n\n姓名：Mei Guo（郭梅）\n职务：唯一成员\n\n兹证明，各方已促使本托管协议于文首所载日期签署。\nTHE OFFICIAL COMMITTEE OF UNSECURED CREDITORS, APPOINTED IN THE BANKRUPTCY CASE, IN RE: HO WAN KWOK, CASE NO. 22-50073(JAM)（在 Ho Wan Kwok（郭文贵）破产案件，案号 22-50073(JAM) 中获任命的无担保债权人正式委员会）\n\n签署人：\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ 姓名：Samuel Nunberg（塞缪尔·南伯格），主席\n\n兹证明，各方已促使本托管协议于文首所载日期签署。\n托管代理人：\n\nU.S. BANK NATIONAL ASSOCIATION（美国合众银行全国协会），作为托管代理人\n\n签署人：\n\n姓名：Laurel Casasanta（劳雷尔·卡萨桑塔） 职务：副总裁\n附件 A\n托管代理人报酬\n\n接受费　\\$750.00\n\n管理费　\\$2,500.00\n交易/投资　每笔交易 \\$65.00*\n电汇费　每笔 \\$35.00*\n法律顾问费　按实际发生计费\n垫付费用　按实际发生计费\n\n\\* 如资金投资于 U.S. Bank MMDA（美国合众银行货币市场存款账户），则予免除\n非常规管理费用：\n\n本附表未具体规定的服务费用将通过评估确定。此类服务可包括但不限于与管理文件修订或延期有关而产生的额外职责及服务，以及在诉讼情形下所耗用的异常时间。\n垫付费用：\n\n我们发生的任何垫付费用将按成本计费。该等项目包括但不限于合理的法律费用、差旅费用、文件复制及传真、快递服务等。\n托管代理人的法律顾问：\n\n托管代理人已聘请 Shipman & Goodwin LLP（希普曼与古德温律师事务所）在本事项中代表其行事。托管代理人的合理法律顾问费用及支出将由 Shipman & Goodwin LLP 直接按成本计费。\n本协议签署时的付款：\n\n接受费和管理费应于交易完成时到期支付，无需托管代理人向责任方另行开具发票。该等付款的电汇指示载于第 15 条。如费用包含在托管金额的入账电汇中并存入托管资金，托管代理人特此获授权从托管资金中扣除该等费用。\n附件 B-1\n\n以下人士为获授权代表 HK USA 签署文件并就本托管协议项下所有事项（包括资金转移、地址变更及联系信息变更）向托管代理人作出指示的 HK USA 代表（仅需一份签名）：\n\nStephen M. Kindseth（斯蒂芬·M. 金德塞思） 姓名 签名样本\n\n(203) 394-1270\n\n电话号码\n附件 B-2\n\n以下人士为获授权代表委员会签署文件并就本托管协议项下所有事项（包括资金转移、地址变更及联系信息变更）向托管代理人作出指示的委员会代表（仅需一份签名）：\n\nJonathan A. Kaplan（乔纳森·A. 卡普兰）\n\n姓名 签名样本\n\n(860) 604-9978 电话号码\n附件 C\nU.S. BANK NATIONAL ASSOCIATION（美国合众银行全国协会）投资授权表\nU.S. BANK MONEY MARKET DEPOSIT ACCOUNT（美国合众银行货币市场存款账户）\n说明及条款\n\nU.S. Bank Money Market Deposit Account（美国合众银行货币市场存款账户）是 U.S. Bank National Association（“U.S. Bank”）（美国合众银行）的一种计息货币市场存款账户，旨在满足 U.S. Bank 的企业信托托管团队及 U.S. Bank 的其他企业信托客户的需求。选择该投资即包括授权将资金存入 U.S. Bank 并由其投资。\n\nU.S. Bank 使用每日余额法计算该账户的利息（实际/365 或 366）。该方法每日对账户中的本金余额适用每日定期利率。利息每日计提，并每月计入账户。利率由 U.S. Bank 自行决定，并可按客户存款金额分级设定。\n\n账户所有人为 U.S. Bank，作为其企业信托客户的代理人。U.S. Bank 的企业信托托管团队办理所有账户存款和取款。根据 FDIC Regulations（联邦存款保险公司法规）确定，存款账户按每位存款人享有 FDIC 保险，最高不超过适用的 FDIC 限额。\n\n为遵守 DODD-FRANK WALL STREET REFORM & CONSUMER PROTECTION ACT，U.S. BANK 无需向 SECURITIES AND EXCHANGE COMMISSION（证券交易委员会）注册为市政顾问。如有需要，投资建议应向您的财务顾问获取。\n自动授权\n\n如无相反的具体书面指示，特此指示 U.S. Bank 将收益及其他可用资金投资和再投资于 U.S. Bank Money Market Deposit Account。客户确认，U.S. Bank Money Market Deposit Account 是管理文件项下获准的投资，且本授权构成在收到替代指示的书面通知之前对该等资金进行投资的永久指示。","key_entities":["Je","Kwok","Ho Wan Kwok","CIPA","Guo"],"ecf_references":[],"word_count":6518,"status":"published","published_at":"2022-04-29 00:00:00","created_at":"2022-04-29","updated_at":"2026-08-23 19:41:36"}