Escrow Agreements

Deposit purchase monies, software, securities and other assets into an escrow with these downloadable and customizable template Escrow Agreements.

 

Escrow is an arrangement between two parties to a transaction and a third independent party who agrees to hold money or assets until a specific date, or until certain obligations have been met, or until the transaction is completed.

In the US, the most common use of escrow is in real estate transactions, where a mortgage lender will set up an escrow account into which the borrower pays sufficient funds to pay the property taxes and insurance premiums as they come due.

A form of escrow that is common in many countries is the payment of a deposit by a tenant to a landlord at the beginning of the tenancy, as security for unpaid rent or damage. The deposit is paid back at the end of the rental (minus any deductions).

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Canada Share Escrow and Pledge Agreement

Escrow shares being issued under a private placement in Canada with this downloadable template agreement.

  • The agreement is between a purchaser of shares, the issuing corporation and the escrow agent (trustee).
  • The issuer is lending the purchaser part of the purchase price for the shares.
  • In return, the purchaser pledges the shares as security for repayment of the loan and places them in escrow with the trustee.
This Canada Share Escrow and Pledge Agreement template is available in MS Word format and is fully editable to fit your business needs.
$17.99

Canada Software Escrow Agreement

Place software in escrow with this comprehensive Software Escrow Agreement for Canadian software developers.

  • The escrow is being set up in connection with software licence and maintenance agreements between the developer and a customer (licensee) who requires uninterrupted availability of the source code as an essential element of its business.
  • The developer will deposit the source code, documentation and related materials with the escrow agent following development, and will deposit upgrades to the software each time modifications are made.
  • The escrow agent will hold the materials in escrow until such time as it is instructed to release them in accordance with the agreement.
  • The developer remains the owner of all escrowed materials. The licensee's interest is limited to that of a licensee only.
  • The developer and the customer both indemnify the escrow agent against all liability, damages or costs arising from its acting as escrow agent.
This Canada Software Escrow Agreement is provided in MS Word format, and is fully editable to fit your specific circumstances.
$17.99

Escrow Agreement for Shares

Prepare an Escrow Agreement for Shares as part of a purchase and sale transaction with this template form.

  • The purchaser agrees to deposit the shares with the trustee until the full amount of the purchase price has been paid to the seller.
  • Any dividends declared on the shares will be paid to the purchaser while the shares are in escrow.
  • Actions to be taken by the trustee in the event of a dispute between the purchaser and seller.
  • The trustee is to act as a depositary only, and has no liability other than for its own gross negligence or default.
  • The other parties indemnify the trustee against claims or damages.
  • The trustee will hold the shares until receipt of a joint order from the other parties to release the shares.
This Escrow Agreement for Shares is a downloadable MS Word document which can be easily customized to fit your circumstances.
$17.99

Software Escrow Arrangement Clauses

Insert these optional escrow clauses into a Software Maintenance Agreement, to stipulate the terms for escrow of the software.

  • If the customer has paid its annual maintenance fees, the supplier will provide the name and address of the escrow agent with whom it keeps a copy of its current working source code and object code.
  • Any software customized for the customer is not kept in escrow.
These Software Escrow Arrangement clauses are generic (not country specific) and are provided in MS Word format.
$6.29

USA Software Escrow Agreement

Place software in escrow with this comprehensive Software Escrow Agreement for USA software developers.

  • The escrow is being set up in connection with software licence and maintenance agreements between the developer and a customer (licensee) who requires uninterrupted availability of the source code as an essential element of its business.
  • The developer will deposit the source code, documentation and related materials with the escrow agent following development, and will deposit upgrades to the software each time modifications are made.
  • The escrow agent will hold the materials in escrow until such time as it is instructed to release them in accordance with the agreement.
  • The developer remains the owner of all escrowed materials. The licensee's interest is limited to that of a licensee only.
  • The developer and the customer both indemnify the escrow agent against all liability, damages or costs arising from its acting as escrow agent.
This USA Software Escrow Agreement is provided in MS Word format, and is fully editable to fit your specific circumstances.
$17.99