Software Escrow Agreement Template UK

The Software Escrow Agreement Template UK is provided in multiple formats, including PDF, Word, and Google Docs, and features customizable and printable examples.


Sample

Software Escrow Agreement Template UK

Editable – Printable



Software Escrow Agreement Template UK

1. Client Information


2. Escrow Agent Information


3. Software Provider Information


4. Agreement Details


5. Escrow Materials

6. Conditions for Release

7. Fees and Payment Terms

8. Confidentiality and Data Protection

9. Indemnification

10. Governing Law

11. Signatures and Agreement

12. Declaration and Signatures





PDF


WORD

Examples


Software Escrow Agreement Template UK (1)
Between:
[Name of the Software Provider]
[Provider’s ID]
[Provider’s Address]
[Provider’s Phone]
[Provider’s Email]
And:
[Name of the Client]
[Client’s ID]
[Client’s Address]
[Client’s Phone]
[Client’s Email]
Introduction:
This agreement establishes the terms under which the Software Provider will deposit the source code and related materials into escrow for the benefit of the Client, effective from [Start Date].
Clause 1: Description of Escrow Materials
The materials to be held in escrow include: [List the specific items such as source code, documentation, and build scripts].
Clause 2: Conditions for Release
The escrowed materials will be released to the Client under the following conditions: [Specify conditions such as the Provider’s failure to support the software, bankruptcy, or insolvency].
Clause 3: Escrow Fees
The Client agrees to pay the Escrow Agent a fee of [Amount] for the management of the escrow account, payable [Specify payment terms].
Clause 4: Responsibilities of the Escrow Agent
The Escrow Agent is responsible for safeguarding the escrowed materials and ensuring compliance with the terms outlined in this agreement.
Clause 5: Governing Law and Jurisdiction
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales], and any disputes will be resolved in the courts of [Specify location].
Signed in [City], [Date].
Sincerely,
[Signature of the Software Provider]
[Name of the Software Provider]
[Signature of the Client]
[Name of the Client]
Software Escrow Agreement Template UK (2)
Between:
[Name of the Software Developer]
[Developer’s ID]
[Developer’s Address]
[Developer’s Phone]
[Developer’s Email]
And:
[Name of the Client]
[Client’s ID]
[Client’s Address]
[Client’s Phone]
[Client’s Email]
Introduction:
This agreement clarifies the responsibilities of both parties concerning the deposit of software materials into escrow, effective as of [Start Date].
Clause 1: Details of Escrowed Software
The following materials are to be deposited into escrow: [Enumerate items such as complete source code, related libraries, and any manuals or guides].
Clause 2: Trigger Events for Material Release
The release of the escrowed materials will occur under circumstances including: [List scenarios like cessation of development support, mergers, or acquisitions].
Clause 3: Payment Terms for Escrow Services
The Client shall reimburse the Escrow Agent for fees of [Amount] charged for the management of the escrow, which will be invoiced [Payment Schedule, e.g., annually].
Clause 4: Duties of the Provider
The Provider is obligated to ensure that all materials deposited into escrow are complete, current, and compliant with any applicable laws and regulations.
Clause 5: Legal Compliance and Dispute Resolution
This agreement shall adhere to the laws of [Jurisdiction, e.g., England and Wales], and disputes will be settled through [Arbitration/Mediation] before taking legal action.
Signed in [City], [Date].
Sincerely,
[Signature of the Software Developer]
[Name of the Software Developer]
[Signature of the Client]
[Name of the Client]

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Software Escrow Agreement Template UK