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.
Not necessarily, but it sure is wise. If you're using software that's critical to your business, having an escrow agreement can save you a lot of trouble down the line. It’s a smart step to ensure you're covered.
In that case, your Source Code Escrow Agreement becomes your lifeline. If the terms allow, you can access the source code, allowing you to hire someone else to maintain or update the software. It's like having a backup plan in your back pocket.
Absolutely! Just like a tailored suit, you can customize it to fit your needs. You can add specific conditions about what happens if the developer fails to support the software, ensuring it covers all your bases.
Look for clear terms and conditions. You want to know exactly when and how you can access the source code. Also, check that the escrow agent is reputable and trustworthy. It's all about ensuring your interests are well protected.
Think of it like a safety deposit box for your software. The source code is deposited in a secure location, and the conditions for releasing it are outlined in the agreement. If the developer hits a rough patch—say they go out of business—you get access to the code.
Basically, anyone who relies on software can benefit. Businesses that use custom software can protect themselves, ensuring they have access to the code if the developers can't deliver anymore. It's peace of mind in today's tech-heavy world.
A Source Code Escrow Agreement is like a safety net for software. It keeps the source code—essentially the recipe for the program—in a secure place. If something goes wrong with the software provider, you can access the code to keep your systems running smoothly.
Trusted and secure by over 3 million people of the world’s leading companies
Long Beach California Acuerdo de custodia del código fuente