Orange California Master Escrow Source Code Master Agreement

• Category: Contracts - Escrow
• State: Multi-State
• County: Orange
• Control #: US-0635BG
• Format: Word; Rich Text

Description

An Escrow of Source Code clause in a software license agreement provides for an arrangement whereby source code (together with periodic updates) may be deposited with a trusted third party, allowing the code to be released to the Licensee in the event tha Orange California Master Escrow Source Code Master Agreement is a legal document that outlines the terms and conditions for the provision of software escrow services in Orange, California. This agreement is specifically designed for software developers and their clients who wish to safeguard their intellectual property rights and ensure access to the source code in the event of certain predefined circumstances. The Orange California Master Escrow Source Code Master Agreement establishes the relationship between the software developer, the client, and the escrow agent. It clearly delineates the responsibilities and obligations of each party involved in the escrow agreement. Relevant keywords for this agreement may include: 1. Software Escrow: This refers to the process of depositing the source code of software into a secure escrow account to ensure its availability when specified release conditions are met. 2. Intellectual Property Protection: This highlights the main purpose of software escrow, which is to protect the intellectual property rights of the software developer by securely storing the source code. 3. Orange, California: Denotes the specific location where the agreement is applicable, ensuring compliance with local laws and regulations. 4. Source Code Accessibility: This emphasizes the conditions under which the source code will be released from the escrow account to the client, such as bankruptcy or breach of contract by the software developer. 5. Escrow Agent: This refers to the trusted third party who holds the source code in escrow and releases it to the client according to the terms outlined in the agreement. It is important to note that while the term "Orange California Master Escrow Source Code Master Agreement" suggests a specific agreement relevant to Orange, California, there may not be different types, as the term itself specifies a comprehensive master agreement for software escrow services specific to that region. However, variations or customized versions of this agreement could exist based on the specific needs and requirements of the parties involved.

Orange California Master Escrow Source Code Master Agreement is a legal document that outlines the terms and conditions for the provision of software escrow services in Orange, California. This agreement is specifically designed for software developers and their clients who wish to safeguard their intellectual property rights and ensure access to the source code in the event of certain predefined circumstances. The Orange California Master Escrow Source Code Master Agreement establishes the relationship between the software developer, the client, and the escrow agent. It clearly delineates the responsibilities and obligations of each party involved in the escrow agreement. Relevant keywords for this agreement may include: 1. Software Escrow: This refers to the process of depositing the source code of software into a secure escrow account to ensure its availability when specified release conditions are met. 2. Intellectual Property Protection: This highlights the main purpose of software escrow, which is to protect the intellectual property rights of the software developer by securely storing the source code. 3. Orange, California: Denotes the specific location where the agreement is applicable, ensuring compliance with local laws and regulations. 4. Source Code Accessibility: This emphasizes the conditions under which the source code will be released from the escrow account to the client, such as bankruptcy or breach of contract by the software developer. 5. Escrow Agent: This refers to the trusted third party who holds the source code in escrow and releases it to the client according to the terms outlined in the agreement. It is important to note that while the term "Orange California Master Escrow Source Code Master Agreement" suggests a specific agreement relevant to Orange, California, there may not be different types, as the term itself specifies a comprehensive master agreement for software escrow services specific to that region. However, variations or customized versions of this agreement could exist based on the specific needs and requirements of the parties involved.