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Document Id : 47
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Canada Source Code Escrow Agreement
Canadian software developers, make sure you get paid for your services by escrowing the source code under this Source Code Escrow Agreement.
- The Escrow Agreement is between a software developer ⁄ programmer ⁄ supplier, a customer and a party acting as the escrow agent.
- Pursuant to a software license granted by the supplier to the customer, the supplier places in escrow certain program source code and documentation.
- The source code will remain in escrow until the customer has paid all amounts owing to the supplier with respect to the software.
- The form includes a Certificate of Supplier certifying that the materials placed in escrow are complete and reflect the most recent version of the source code.
- Also included is a Certificate of the Customer to be used if the supplier defaults under the Agreement.
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