Common use of Licensor Technology Clause in Contracts

Licensor Technology. Within twenty (20) days after the Amendment Effective Date and promptly thereafter for subsequent deposits, Licensor shall cause to be deposited with an escrow agent, a complete working copy of the Source Code for the Licensor Technology licensed hereunder, under the form of software escrow agreement set forth in EXHIBIT E of the Master Agreement, and shall be released to CREATIVE pursuant to EXHIBIT E of the Master Agreement in the event that Licensor fails to materially perform its obligations under Section 4.5 of this First Amendment, in addition to the release conditions set forth in sections 16.0(i) -(iii) of the Master Agreement.

Appears in 4 contracts

Samples: Escrow Agreement (Netspeak Corp), Escrow Agreement (Netspeak Corp), Escrow Agreement (Netspeak Corp)

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