Document:

Exhibit
      10(c)

     

    ESCROW
      AGREEMENT 

    

    ATLAS
      RESOURCES PUBLIC #17-2008(C) L.P.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    ATLAS
      RESOURCES PUBLIC #17-2008(C) L.P.

    

    ESCROW
      AGREEMENT

    

    THIS
      AGREEMENT is
      made
      to be effective as of ________________, 2007, by and among Atlas Resources,
      LLC,
      a Pennsylvania limited liability company (the “Managing General Partner”),
      Anthem Securities, Inc., a Pennsylvania corporation (“Anthem”), the
“Dealer-Manager,” Atlas Resources Public #17-2008(C) L.P., a Delaware limited
      partnership (the “Partnership”) and National City Bank of Cleveland, Ohio, as
      escrow agent (the “Escrow Agent”). 

     

    WITNESSETH:

     

    WHEREAS,
      the
      Managing General Partner intends to offer publicly for sale to qualified
      investors (the “Investors”) up to ________ investor general partner interests
      and up to _____ limited partner interests in the Partnership (the
“Units”).

     

    WHEREAS,
      each
      Investor will be required to pay his subscription in full on subscribing by
      check or wire (the “Subscription Proceeds”).

     

    WHEREAS,
      the
      cost per Unit will be $10,000 subject to certain discounts of up to 10% ($1,000
      per Unit) for sales to the Managing General Partner, its officers, directors
      and
      affiliates, registered investment advisors and their clients, Selling Agents
      and
      their registered representatives and principals, and investors who buy Units
      through the officers and directors of the Managing General Partner. Larger
      subscriptions are permitted in $1,000 increments.

     

    WHEREAS,
      the
      Managing General Partner and Anthem have executed an agreement (“Anthem
      Dealer-Manager Agreement”) under which Anthem will solicit subscriptions for
      Units in all states on a “best efforts” “all or none” basis for Subscription
      Proceeds of $2,000,000 and on a “best efforts” basis for the remaining Units on
      behalf of the Managing General Partner and the Partnership and under which
      Anthem has been authorized to select certain members in good standing of the
      National Association of Securities Dealers, Inc. (“NASD”) to participate in the
      offering of the Units (“Selling Agents”).

     

    WHEREAS,
      the
      Anthem Dealer-Manager Agreement, the “Dealer-Manager Agreement,” provides for
      compensation to the Dealer-Manager to participate in the offering of the Units,
      subject to the discounts set forth above for certain Investors, which
      compensation includes, but is not limited to, for each Unit sold: 

     

    	·  	
            a
              2.5% Dealer-Manager fee;

          

     

    	·  	
            a
              7% sales commission; and

          

     

    	·  	
            an
              up to .5% reimbursement of the Selling Agents’ bona fide due diligence
              expenses;

          

     

    all
      or a
      portion of which will be reallowed to the Selling Agents and
      wholesalers.

     

    WHEREAS,
      under
      the terms of the Dealer-Manager Agreement the Subscription Proceeds are required
      to be held in escrow subject to the receipt and acceptance by the Managing
      General Partner of the minimum Subscription Proceeds of $2,000,000, excluding
      any optional subscription by the Managing General Partner, its officers,
      directors, and Affiliates.

     

    WHEREAS,
      the
      Units may also be offered and sold by the officers and directors of the Managing
      General Partner without receiving a sales commission or other compensation
      on
      their sales.

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    WHEREAS,
      no
      subscriptions to the Partnership will be accepted after the “Offering
      Termination Date,” which is the first to occur of either:

     

    	·  	
            receipt
              of the maximum Subscription Proceeds of $_____________; or
              

          

     

    	·  	
            December
              31, 2008.

          

     

    WHEREAS,
      to
      facilitate compliance with the terms of the Dealer-Manager Agreement and Rule
      15c2-4 adopted under the Securities Exchange Act of 1934, the Managing General
      Partner and the Dealer-Manager desire to have the Subscription Proceeds
      deposited with the Escrow Agent and the Escrow Agent agrees to hold the
      Subscription Proceeds under the terms and conditions set forth in this
      Agreement.

     

    NOW,
      THEREFORE,
      in
      consideration of the mutual covenants and conditions contained in this
      Agreement, the parties to this Agreement, intending to be legally bound, agree
      as follows:

     

    
      	
              1.

            	
              Appointment
                of Escrow Agent.
                The Managing General Partner, the Partnership, and the Dealer-Manager
                appoint the Escrow Agent as the escrow agent to receive and to hold
                the
                Subscription Proceeds deposited with the Escrow Agent by the
                Dealer-Manager and the Managing General Partner under this Agreement,
                and
                the Escrow Agent agrees to serve in this capacity during the term
                and
                based on the provisions of this
                Agreement.

            

    

     

    
      	
              2.

            	
              Deposit
                of Subscription Proceeds.
                Pending receipt of the minimum Subscription Proceeds of $2,000,000,
                the
                Dealer-Manager and the Managing General Partner shall deposit the
                Subscription Proceeds of each Investor to whom they sell Units with
                the
                Escrow Agent and shall deliver to the Escrow Agent a copy of the
                “Subscription Agreement,” which is the execution and subscription
                instrument signed by the Investor to evidence his agreement to purchase
                Units in the Partnership. In this regard, the Selling Agents shall
                promptly transmit any and all checks received by them from Investors
                and
                the original executed Subscription Agreement to the Dealer-Manager
                by noon
                of the next business day following receipt of the check by them.
                By noon
                of the next business day following the Dealer-Manager’s receipt of the
                check and the original executed subscription documents, the Dealer-Manager
                shall transmit the check and a copy of the executed Subscription
                Agreement
                to the Escrow Agent.

            

    

     

    Payment
      for each subscription for Units shall be in the form of a check or wire made
      payable to “National City Bank of Cleveland, Ohio, Escrow Agent, Atlas Resources
      Public #17-2008(C) L.P.,” pending receipt of the Partnership’s minimum
      Subscription Proceeds of $2,000,000.

     

    
      	
              3.

            	
              Investment
                of Subscription Proceeds.
                The Subscription Proceeds shall be deposited in an interest bearing
                account maintained by the Escrow Agent as directed by the Managing
                General
                Partner. This may be a savings account, bank money market account,
                short-term certificates of deposit issued by a bank, or short-term
                certificates of deposit issued or guaranteed by the United States
                government. The interest earned shall be added to the Subscription
                Proceeds and disbursed in accordance with the provisions of Paragraph
                4 or
                5 of this Agreement, as the case may
                be.

            

    

     

    
      	
              4.

            	
              Distribution
                of Subscription Proceeds.
                If the Escrow Agent:

            

    

     

    	(a)  	
            receives
              proper written notice from an authorized officer of the Managing General
              Partner that at least the minimum Subscription Proceeds of $2,000,000
              have
              been received and accepted by the Managing General Partner; and
              

          

     

    	(b)  	
            determines
              that Subscription Proceeds for at least $2,000,000 are Distributable
              Subscription Proceeds; 

          

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

       

    

    then
      the
      Escrow Agent shall promptly release and distribute to the Managing General
      Partner the Distributable Subscription Proceeds plus any interest paid and
      investment income earned on the Subscription Proceeds while held by the Escrow
      Agent in the escrow account. For purposes of the Agreement, “Distributable
      Subscription Proceeds” are Subscription Proceeds which have been deposited in
      the escrow account (1) by wire transfer; and (2) by check, but in the case
      of
      checks only at the time that the Escrow Agent believes an amount of time has
      passed which would usually be sufficient for Subscription Proceeds paid by
      check
      to have returned unpaid by the bank on which the check was drawn and after
      a 5
      day period from the date of deposit. 

     

    After
      the occurrence of 4(a) and (b) above, Escrow Agent will provide a letter to
      the
      Managing General Partner confirming receipt of checks and/or wires representing
      Subscription Proceeds totaling at least $2,000,000 have been received and the
      anticipated date the funds will be considered Distributable Subscription
      Proceeds. 

     

    After
      the
      initial distribution, any remaining Subscription Proceeds, plus any interest
      paid and investment income earned on the Subscription Proceeds while held by
      the
      Escrow Agent in the escrow account, shall be promptly released and distributed
      to the Managing General Partner by the Escrow Agent as the Subscription Proceeds
      become Distributable Subscription Proceeds after a 10 day period from the date
      of deposit. 

     

    The
      Managing General Partner shall immediately return to the Escrow Agent any
      Subscription Proceeds distributed to the Managing General Partner or refunded
      to
      an Investor to the extent that such Subscription Proceeds were paid by a check
      which is returned or otherwise not collected for any reason prior or subsequent
      to termination of this Agreement.

     

    
      	5.	
              Separate
                Partnership Account.
                During the continuation of the offering after the Partnership is
                funded
                with cleared Subscription Proceeds of at least $2,000,000 and the
                Escrow
                Agent receives the notice described in Paragraph 4 of this Agreement,
                and
                before the Offering Termination Date, any additional Subscription
                Proceeds
                may be deposited by the Dealer-Manager and the Managing General Partner
                directly in a separate Partnership account which shall not be subject
                to
                the terms of this Agreement.

            

    

     

    
      	
              6.

            	
              Distributions
                to Subscribers.

            

    

     

    	(a)
              	
            If
              the Partnership is not funded as contemplated because less than the
              minimum Subscription Proceeds of $2,000,000 have been received and
              accepted by the Managing General Partner by twelve (12:00) p.m. (noon),
              local time, EASTERN STANDARD TIME on the Offering Termination Date,
              or for
              any other reason, then the Managing General Partner shall notify the
              Escrow Agent, and the Escrow Agent promptly shall distribute to each
              Investor, for which Escrow Agent has a copy of the subscription agreement,
              a refund check made payable to the Investor in an amount equal to the
              Subscription Proceeds of the Investor, plus any interest paid or
              investment income earned on the Investor’s Subscription Proceeds while
              held by the Escrow Agent in the escrow
              account.

          

     

    	(b)
              	
            If
              a subscription for Units submitted by an Investor is rejected by the
              Managing General Partner for any reason after the Subscription Proceeds
              relating to the subscription have been deposited with the Escrow Agent,
              then the Managing General Partner promptly shall notify in writing,
              the
              Escrow Agent of the rejection, and the Escrow Agent shall promptly
              distribute to the Investor for which Escrow Agent has a copy of a
              Subscription Agreement, a refund check made payable to the Investor
              in an
              amount equal to the Subscription Proceeds of the Investor, plus any
              interest paid or investment income earned on the Investor’s Subscription
              Proceeds while held by the Escrow Agent in the escrow
              account.

          

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    
      	
              7.

            	
              Compensation
                and Expenses of Escrow Agent.
                The Managing General Partner shall be solely responsible for and
                shall pay
                the compensation of the Escrow Agent for its services under this
                Agreement, as provided in Appendix 1 to this Agreement and made a
                part of
                this Agreement, and the charges, expenses (including any reasonable
                attorneys’ fees), and other out-of-pocket expenses incurred by the Escrow
                Agent in connection with the administration of the provisions of
                this
                Agreement. The Escrow Agent shall have no lien on the Subscription
                Proceeds deposited in the escrow account unless and until the Partnership
                is funded with cleared Subscription Proceeds of at least $2,000,000
                and
                the Escrow Agent receives the proper written notice described in
                Paragraph
                4 of this Agreement, at which time the Escrow Agent shall have, and
                is
                granted, a prior lien on any property, cash, or assets held under
                this
                Agreement, with respect to its unpaid compensation and nonreimbursed
                expenses, superior to the interests of any other persons or
                entities.

            

    

     

    
      	
              8.

            	
              Duties
                of Escrow Agent.
                The Escrow Agent shall not be obligated to accept any notice, make
                any
                delivery, or take any other action under this Agreement unless the
                notice
                or request or demand for delivery or other action is in writing and
                given
                or made by the Managing General Partner or an authorized officer
                of the
                Managing General Partner. In no event shall the Escrow Agent be obligated
                to accept any notice, request, or demand from anyone other than the
                Managing General Partner.

            

    

     

    
      	
              9.

            	
              Liability
                of Escrow Agent.
                The Escrow Agent shall not be liable for any damages, or have any
                obligations other than the duties prescribed in this Agreement in
                carrying
                out or executing the purposes and intent of this Agreement. However,
                nothing in this Agreement shall relieve the Escrow Agent from liability
                arising out of its own willful misconduct or gross negligence. The
                Escrow
                Agent’s duties and obligations under this Agreement shall be entirely
                administrative and not discretionary. The Escrow Agent shall not
                be liable
                to any party to this Agreement or to any third-party as a result
                of any
                action or omission taken or made by the Escrow Agent in good faith.
                The
                parties to this Agreement will jointly and severally indemnify the
                Escrow
                Agent, hold the Escrow Agent harmless, and reimburse the Escrow Agent
                from, against and for, any and all liabilities, costs, fees and expenses
                (including reasonable attorney’s fees) the Escrow Agent may suffer or
                incur by reason of its execution and performance of this Agreement.
                If any
                legal questions arise concerning the Escrow Agent’s duties and obligations
                under this Agreement, then the Escrow Agent may consult with its
                counsel
                and rely without liability on written opinions given to it by its
                counsel.

            

    

     

    The
      Escrow Agent shall be protected in acting on any written notice, request,
      waiver, consent, authorization, or other paper or document which the Escrow
      Agent, in good faith, believes to be genuine and what it purports to
      be.

     

    If
      there
      is any disagreement between any of the parties to this Agreement, or between
      them or any other person, resulting in adverse claims or demands being made
      in
      connection with this Agreement, or if the Escrow Agent, in good faith, is in
      doubt as to what action it should take under this Agreement, then the Escrow
      Agent may, at its option, refuse to comply with any claims or demands on it
      or
      refuse to take any other action under this Agreement, so long as the
      disagreement continues or the doubt exists. In any such event, the Escrow Agent
      shall not be or become liable in any way or to any person for its failure or
      refusal to act and the Escrow Agent shall be entitled to continue to so refrain
      from acting until the dispute is resolved by the parties involved.

     

    National
      City Bank of Cleveland, Ohio is acting solely as the Escrow Agent and is not
      a
      party to, nor has it reviewed or approved any agreement or matter of background
      related to this Agreement, other than this Agreement itself, and has assumed,
      without investigation, the authority of the individuals executing this Agreement
      to be so authorized on behalf of the party or parties involved.

     

    
      	
              10.

            	
              Resignation
                or Removal of Escrow Agent.
                The Escrow Agent may resign as such after giving thirty days’ prior
                written notice to the other parties to this Agreement. Similarly,
                the
                Escrow Agent may be removed and replaced after receiving thirty days’
                prior written notice from the other parties to this Agreement. In
                either
                event, the duties of the Escrow Agent shall terminate thirty days
                after
                the date of the notice (or as of an earlier date as may be mutually
                agreeable); and the Escrow Agent shall then deliver the balance of
                the
                Subscription Proceeds (and any interest paid or investment income
                earned
                thereon while held by the Escrow Agent in the escrow account) in
                its
                possession to a successor escrow agent appointed by the other parties
                to
                this Agreement as evidenced by a written notice filed with the Escrow
                Agent. 

            

    

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    If
      the
      other parties to this Agreement are unable to agree on a successor escrow agent
      or fail to appoint a successor escrow agent before the expiration of thirty
      days
      following the date of the notice of the Escrow Agent’s resignation or removal,
      then the Escrow Agent may petition any court of competent jurisdiction for
      the
      appointment of a successor escrow agent or other appropriate relief. Any
      resulting appointment shall be binding on all of the parties to this
      Agreement.

     

    On
      acknowledgment by any successor escrow agent of the receipt of the then
      remaining balance of the Subscription Proceeds (and any interest paid or
      investment income earned thereon while held by the Escrow Agent in the escrow
      account), the Escrow Agent shall be fully released and relieved of all duties,
      responsibilities, and obligations under this Agreement.

     

    
      	
              11.

            	
              Termination.
                This Agreement shall terminate and the Escrow Agent shall have no
                further
                obligation with respect to this Agreement after the distribution
                of all
                Subscription Proceeds (and any interest paid or investment income
                earned
                thereon while held by the Escrow Agent in the escrow account) as
                contemplated by this Agreement or on the written consent of all the
                parties to this Agreement.

            

    

     

    
      	
              12.

            	
              Notice.
                Any notices or instructions, or both, to be given under this Agreement
                shall be validly given if set forth in writing and mailed by certified
                mail, return receipt requested, or by facsimile with confirmation
                of
                receipt (originals to be followed in the mail), or by a nationally
                recognized overnight courier, as
                follows:

            

    

     

    If
      to the
      Escrow Agent:

     

    National
      City Bank of Cleveland, Ohio

    c/o
      Allegiant Institutional Services 

    200
      Public Square, 5th
      Floor

    Cleveland,
      Ohio 44114

     

    Attention:
      John McGregor LOC 01-86PS-01

     

    Phone:
      (216) 222-2641

    Facsimile:
      (216) 222-0178

     

    If
      to the
      Managing General Partner:

     

    Atlas
      Resources, LLC

    311
      Rouser Road

    P.O.
      Box
      611

    Moon
      Township, Pennsylvania 15108

     

    Attention:
      Karen A. Black

     

    Phone:
      (412) 262-2830

    Facsimile:
      (412) 262-7430

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

    If
      to
      Anthem:

     

    Anthem
      Securities, Inc.

    311
      Rouser Road

    P.O.
      Box
      926

    Moon
      Township, Pennsylvania 15108

     

    Attention:
      Justin T. Atkinson

     

    Phone:
      (412) 262-1680

    Facsimile:
      (412) 262-7430

     

    Any
      party
      may designate any other address to which notices and instructions shall be
      sent
      by notice duly given in accordance with this Agreement.

     

    13. Miscellaneous.

     

    	(a)
              	
            This
              Agreement shall be governed by and construed in accordance with the
              laws
              of the Commonwealth of Pennsylvania.

          

     

    	(b)
              	
            This
              Agreement shall be binding on and shall inure to the benefit of the
              undersigned and their respective successors and
              assigns.

          

     

    	(c)
              	
            This
              Agreement may be executed in multiple copies, each executed copy to
              serve
              as an original.

          

     

    
      	
              14.

            	
              Acknowledgements.
                The parties hereto and subscribers acknowledge Escrow Agent has not
                reviewed and is not making any recommendations with respect to the
                securities offered. During the escrow period, the proceeds from the
                offering are not subject to claims by creditors, by the Partnership,
                the
                Partnership’s affiliates, the escrow agent, or by the selling agents until
                the proceeds have been released to the Partnership pursuant to the
                terms
                of this Agreement.

            

    

     

    IN
      WITNESS WHEREOF,
      the
      parties hereto have executed this Agreement to be effective as of the day and
      year first above written.

     

    
      	 	 	 
	 	
              NATIONAL
                CITY BANK OF CLEVELAND, OHIO
                
                As
                  Escrow Agent

              

            
	 
 	 
 	 
 
	
            	By:  	
            
	 	
              

              John
                McGregor, Administrator

            

    

    
      	 	 	 
	 	
              ATLAS
                RESOURCES, LLC
                
                A
                  Pennsylvania limited liability
                  company

              

            
	 
 	 
 	 
 
	
            	By:  	
            
	 	
              

              Karen
                A. Black, Vice President - Partnership
                Administration

            

    
      
         

      

      
        6

        
          

        

      

      
         

      

       

    

    
      	 	 	 
	 	
              ANTHEM
                SECURITIES, INC.

              A
                Pennsylvania corporation

            
	 
 	 
 	 
 
	
            	By:  	
            
	 	
              

              Justin
                T. Atkinson, President

            

      	 	 	 
	 	
              ATLAS
                RESOURCES PUBLIC #17-2008(C) L.P.

            
	 
 	 
 	 
 
	
            	By:  	
              ATLAS RESOURCES, LLC

              Managing General Partner

            
	 	
            

      	 	 	 
	
            	By:  	
            
	 	
              
Karen
              A. Black, Vice President - Partnership
              Administration

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    

     

    APPENDIX
      I TO ESCROW AGREEMENT

    

    Compensation
      for Services of Escrow Agent

    

    
      	REVIEW AND ACCEPTANCE
              FEE:	
              $
                waived

            

    

          

    For
      providing initial review of the Escrow Agreement and all supporting documents
      and for initial services associated with establishing the Escrow Account. This
      is a one (1) time fee payable upon the opening of the account.

    

      
        	
                I.   
                   Annual
                  Administrative Fee Payable in Advance

              	 	
                $

              	
                3000.00

              	 
	
                      
                  (or any portion thereof)

              	 	 	 	 
	 	 	 	 	 
	
                II. 
                    Remittance
                  of checks returned to subscribers

              	 	 	
                20.00

              	 
	
                      
                  (set out in section 6 of the governing agreement)

              	 	 	 	 
	 	 	 	 	 
	
                III.
                   Wire
                  transfers

              	 	 	
                n/a

              	 
	 	 	 	 	 
	
                IV. 
                  Purchase
                  or Sale of Securities

              	 	 	
                100.00

              	 

      

    

     

    
      V.  
        Investments
        (document limits investment to a checking or savings account, or certificates
        of
        deposit) such products offered by any National City Bank retail branch)-
        fees
        are subject to the type of account the Managing General Partner directs the
        Escrow Agent to open and to be governed by the Escrow Agreement.

    

    

    EXTRAORDINARY
      SERVICES:

    

    For
      any
      services other than those covered by the aforementioned, a special per hour
      charge will be made commensurate with the character of the service, time
      required and responsibility involved. Such services include but are not limited
      to excessive administrative time, attendance at closings, specialized reports,
      and record keeping, unusual certifications, etc.

    

    Managing
      General Partner agrees to report all funds in accordance with appropriate tax
      treatment. 

    

    FEE
      SCHEDULE IS SUBJECT TO ANNUAL REVIEW AND/OR ADJUSTMENT UPON AMENDMENT THERETO.
      

     

    
      
         

      

      
        8Exhibit
      10(e)

     

    GAS
      PURCHASE AGREEMENT DATED MARCH 31, 1999 

    BETWEEN
      NORTHEAST OHIO GAS MARKETING, INC., AND ATLAS ENERGY GROUP, INC., ATLAS
      RESOURCES, INC., AND RESOURCE ENERGY, INC.

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