The SaaS Escrow agreement outlines the responsibilities of all the parties and includes predefined release conditions. Gather all parties involved in the agreement and clearly explain the purpose of the escrow agreement.Software Escrow Release Clauses​​ A software escrow agreement is typically put in place as part of a wider software license, development or investor agreement. A SaaS Escrow Agreement is a simple tri-party arrangement with mutually agreed terms between the SaaS vendor, customer, and Escode. This software escrow agreement is used when the application is a SaaS hosted in AWS, Azure, GCP or data center. The term escrow essentially means safeguarding. One can keep the software, data, a service, or SaaS, etc. A SaaS escrow agreement exists to outline how the software data will be delivered from the software as a service, or SaaS provider. In addition, a source code escrow, also known as a software escrow, functions in the following manner: the supplier (i.e. Overlooking Important Clauses.