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US Legal Forms
Localized forms in Spanish
Tennessee
Memphis
Acuerdo de custodia del código fuente orientado al proveedor

Memphis Tennessee Acuerdo de custodia del código fuente orientado al proveedor - Vendor Oriented Source Code Escrow Agreement

Category:

Tecnología - Informática e Internet

State:

Multi-State

City:

Memphis

Control #:

US-13087BG

Format:

Word

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Description

Source code is the list of human readable instructions that a programmer writes when developing a program. The source code is run through a compler to turn it into machine code, also called object code that a computer can unerstand and execute. Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.

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Interesting Questions

What happens if the vendor updates the software?

If the vendor updates the software, they'll often need to deposit the updated source code into the escrow too. This way, you have the latest version stored away for safekeeping as well.

Is the source code kept safe and secure?

Absolutely! The escrow agent takes the security of the source code seriously, storing it in a secure location and ensuring it's protected against loss or unauthorized access.

Who can be a part of the escrow agreement?

The agreement usually involves three parties: the software provider, the customer, and the escrow agent. So, think of it as a three-way handshake ensuring everyone's on the same page.

Can I get to the source code anytime I want?

Not quite! Access to the source code typically requires specific triggers, like the vendor's bankruptcy, so it's not just there for the taking whenever you feel like it.

How does the escrow process work in Memphis, Tennessee?

In Memphis, the escrow process involves depositing the source code with a trusted third party. They hold onto it until certain conditions are met, like the vendor not being able to provide support anymore.

Why would I need a source code escrow for my software?

You'd want a source code escrow to ensure peace of mind. If your software provider goes under or can't support you anymore, you can still access the code to keep your business running smoothly.

What exactly is a source code escrow agreement?

A source code escrow agreement is like a safety deposit box for software code. It helps protect both the software developer and the customer by storing the source code securely, ensuring that it can be accessed if something goes wrong.