A SaaS escrow agreement exists to outline how the software data will be delivered from the software as a service, or SaaS provider. A SaaS Escrow Agreement is a simple tri-party arrangement with mutually agreed terms between the SaaS vendor, customer, and Escode.WHEREAS, this Agreement documents that a cash escrow will be submitted by. A source code escrow agreement is a contract between a client and a software developer, ensuring client protection if software maintenance fails. Refunding Bonds and the Refunded Bonds under and pursuant to Minnesota Statutes,. "Escrow Period" is the period during which the Escrow Funds may be held in the Escrow Account. The Escrow Period begins on the date of this Escrow Agreement. Advance payments required. Escrow account required. In addition, a source code escrow, also known as a software escrow, functions in the following manner: the supplier (i.e.