Source code escrow is generally negotiated as a part of the initial software license agreement. When should I require an Escrow Agreement for my contract?There is a potential need to obtain source code for a software, application or complex solution. Property Tax Statements are mailed out in October, and are due upon receipt. Once the escrow agreement is in place, securely transfer your source code and related materials to the escrow agent. This onboarding template is a terrific tool for any business because it's not only simple to use but also polished.