Software 3-Way Source Code Escrow Agreement Legal Form

Summary: 3-Way Agreement between Licensor, Licensee and Escrow Agent based on reasonable industry terms. Includes terms, in favor of the Software Owner, for source code escrow. Do not use this form alone for license of software or source code -- use the Software License or Software License and Services Agreement in conjunction with this form.

Description: Protects Software Owner by: Requiring Use of the Code Only for Maintenance and in Accordance with Software License Agreement in the Event of Release Requiring Confidentiality of the Code Careful Detailing of Events and Notification Steps for Source Code Release and Obligations of Source Code Agent Providing for Timing, Content and Payment of Source Code Deposits Limiting All Parties’ Liability Waiving Implied Legal Warranties, Except for Code Compiling Allowing Owner to Choose Litigation Location in the Case of Dispute See article in Research section on how Software Escrow protect you. The terms of this form are in favor of the Software Owner. See preview for form details. Purchase includes one internal license in Word 2003 and forward for completion of company name, address, software name, term, choice of law and other terms with autonumbering and fully editable. Download code emailed after purchase; be sure your spam filter permits delivery.

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