A source code escrow agreement is a contract between a client and a software developer, ensuring client protection if software maintenance fails. This practice note addresses key issues in drafting and negotiating a software source code escrow agreement involving an independent thirdparty escrow agent.A source code escrow agreement is an agreement to deposit the source code of the software with a third party escrow agent. Find software source code escrow agreement lawyers for Austin, TX to hire. No cost to post a project to get multiple bids in hours to compare before hiring. Once the escrow agreement is in place, securely transfer your source code and related materials to the escrow agent. In addition, ensure that the agreement sets out the procedure for delivering the Deposit Materials to the escrow agent. (e) The county tax assessor-collector shall maintain the escrow account in the county depository.