A SaaS Escrow Agreement is a simple tri-party arrangement with mutually agreed terms between the SaaS vendor, customer, and Escode. A SaaS escrow agreement exists to outline how the software data will be delivered from the software as a service, or SaaS provider.This article details what SaaS Escrow is, the different SaaS Escrow solutions available to you and the benefits it provides. A SaaS escrow is a contractual agreement between a software provider, their client, and an independent third party, known as the escrow agent. Learn about the types of Software Source Code Escrow Agreements, Software Escrow Agreement release conditions and download a sample below. The purpose of this Agreement is to establish an agreement to protect Licensor's ownership and confidentiality of the Deposit Materials.