This form is a Source Code Escrow Agreement. The form provides that as compensation for the services to be performed by the escrow agent, the licensee will pay the escrow agent a certain fee which is due at the time of execution of the agreement. The document also provides that neither the escrow agreement, nor any rights, liabilities or obligations may be assigned by the escrow agent without the prior written consent of the licensee and the licensor.
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.
The duration of the escrow agreement can vary depending on the terms set by you and the developer, but it typically lasts as long as you need support for the software.
Not quite! You can only access the code under specific circumstances, like if the developer stops supporting the software or goes out of business.
Yes, once both parties sign the agreement, it becomes a legal document that outlines the terms under which the source code can be released.
It gives you peace of mind, knowing that you won't be left in a lurch if the developer cannot provide support or goes belly up. You have a backup plan!
Basically, the developer sends their source code to a trusted escrow company, who holds onto it. If something goes wrong with the developer, you can get the code to maintain your software.
Usually, businesses that rely heavily on custom software or want to protect their investment should consider a Source Code Escrow Agreement to safeguard their source code.
A Source Code Escrow Agreement is a safety net where source code is kept with a third party, ensuring that it can be accessed under certain conditions, like if the software developer goes out of business.
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Bakersfield California Acuerdo de custodia del código fuente