(a) Within 3 Business Days of the Tax Schedule for any Covered Taxable Year becoming final under Section  2.01(a) , BGC Partners shall pay (i) to Cantor an amount equal to 80% of the Tax Benefit Payment (determined in accordance with Section  3.01(b) ) and (ii) to a national bank mutually agreeable to BGC Partners and Cantor as escrow agent (the “ Escrow Agent ”), an amount equal to 20% of such Tax Benefit Payment. The Escrow Agent shall hold each Tax Benefit Payment it receives in escrow (the “ Escrow ”) pursuant to a mutually agreeable escrow agreement between BGC Partners and Cantor until the expiration of the applicable statute of limitations attributable to the Covered Taxable Year to which such Tax Benefit Payment relates. Each Tax Benefit Payment shall be made by wire transfer of immediately available funds to the bank accounts of Cantor and the Escrow Agent previously designated by such parties to BGC Partners.