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Source Code Deposit Agreement

This form reduces compliance and transaction costs for Licensor.

Source Code Deposit Agreement
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This is the form you need if you own software and want to grant restricted escrow rights to your customers.
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Form Overview
The Source Code Deposit Agreement documents a two-party arrangement under which vendor deposits the source code with an agent. Agent agrees to deposit the source code in a secure facility and to return the code to vendor upon request. Agent agrees to properly label the code and to maintain adequate inventory records for retrieval, disposition and replacement of the source code. The arrangement provides enhanced security by storing the source code off-site with a second party and is structured to parallel an escrow arrangement. Termination of the arrangement is at the will of the vendor.

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