District of Columbia User oriented Source Code Escrow Agreement

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Multi-State
Control #:
US-CP0718-AM
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Word; 
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This sample form, a detailed User Oriented Source Code Escrow Agreement document, is for use in the computer, internet and/or software industries. Adapt to fit your circumstances. Available in Word format.

A District of Columbia User Oriented Source Code Escrow Agreement is a legal contract that safeguards the interests of software users in the District of Columbia by providing access to source code in specific circumstances. This agreement is created to ensure that users can continue using and maintaining software applications even if the original developer or vendor fails to meet their obligations. The District of Columbia User Oriented Source Code Escrow Agreement encompasses three key parties: the software user (also referred to as the licensee), the software developer (also known as the licensor), and the trusted third-party escrow agent. This escrow agent acts as a neutral intermediary and holds the source code in escrow, keeping it secure and inaccessible unless certain conditions specified in the agreement are met. By implementing a User Oriented Source Code Escrow Agreement, software users in the District of Columbia gain an added layer of protection and certainty. In the event that the software developer declares bankruptcy, discontinues support, or breaches the license agreement, the licensee can access the source code through the escrow agent. The user can then hire another software developer or take over the development themselves, ensuring the software's continuity without relying on the original developer. There are various types of User Oriented Source Code Escrow Agreements available in the District of Columbia, tailored to different software licensing situations: 1. Single-License Escrow Agreement: This type of agreement applies when a single software license is involved, such as for individual users or small businesses utilizing specific software. 2. Enterprise-Level Escrow Agreement: Geared towards large organizations, this agreement covers multiple licenses, typically procured to serve an entire company or various departments within it. 3. SaaS (Software-as-a-Service) Escrow Agreement: Specifically designed for users subscribing to cloud-based software services, this agreement ensures that the cloud provider's source code is accessible if the provider fails to fulfill their obligations. 4. Developer-Centric Escrow Agreement: In some cases, software developers may choose to implement a source code escrow agreement to benefit their clients and build trust. This agreement type assures users that the source code is accessible in predefined situations, thereby minimizing risk and concerns. District of Columbia User Oriented Source Code Escrow Agreements often include provisions stating the release conditions for accessing the source code, the frequency of code deposits, duration of escrow, verification processes, and dispute resolution mechanisms. These agreements play a critical role in safeguarding software users' investments and enabling business continuity in the District of Columbia, ensuring that their software applications remain operational and supported regardless of any unforeseen circumstances.

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The escrow agreement will provide the conditions under which you will receive a copy of the source code. The most common release conditions are (1) the software vendor ceases business or goes bankrupt and (2) the software vendor ceases to provide support and maintenance services.

Source code escrow is the deposit of the source code of software with a third-party escrow agent. Escrow is typically requested by a party licensing software (the licensee), to ensure maintenance of the software instead of abandonment or orphaning.

Source code escrow is the deposit of the source code of software with a third-party escrow agent. Escrow is typically requested by a party licensing software (the licensee), to ensure maintenance of the software instead of abandonment or orphaning.

Source Code Escrow Verification services to ensure that the deposited source code can be built into a working application would typically be requested by the beneficiary. As such, the fees associated with these services would be paid for by the beneficiary.

The objective of source code escrow is to ensure continued availability of software support and maintenance.

The objective of a source code escrow agreement is to provide comfort to the beneficiary that if the software developer is unable or unwilling to support the software, the source code and other critical components such as databases, deployment scripts, and documentation can be released to them.

A Source Code License is ?any contract or contractual provision (whether or not denominated a 'license') that prescribes the terms, conditions and restrictions applicable to the possession and use of Source Code by a licensee of the Software to whom Source Code of any Software has been released.?

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How to fill out User Oriented Source Code Escrow Agreement? Utilize the most comprehensive legal library of forms. US Legal Forms is the best platform for ... A source code escrow agreement is a contract between a client and a software developer, ensuring client protection if software maintenance fails.Aug 24, 2023 — Contractor shall furnish to the District, a copy of the source code with such rights of the scope ... the source code in a third party escrow ... May 18, 2009 — A software escrow arrangement is used to minimise that risk and reconcile the divergent positions of supplier and user alike. In essence, it ... (a) The Deposit Materials as delivered to Escrow Associates are a complete and comprehensive copy of Licensor's proprietary information corresponding to that ... Escrow accounts. (a) In any real estate transaction in which any person is entrusted, receives, and accepts, or otherwise holds or deposits monies or other ... Sep 22, 2014 — The license grant following the source code escrow release event should specify the duration of the customer's source code use rights. Interest on an escrow account shall be due and payable by the owner to the tenant upon termination of any tenancy of a duration of twelve (12) months or more, ... Aug 2, 2023 — ... the Contractor shall either: (1) provide the DCHFA with the source code for the Product; (2) place the source code in a third party escrow. B.2, the Contractor shall furnish to the District, a copy of the source code with such rights ... deposited source code in accordance with the terms of escrow. 3.

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District of Columbia User oriented Source Code Escrow Agreement