EXHIBIT 2Technology Escrow Agreement • March 1st, 2005 • Aim Floating Rate Fund • California
ContractTechnology Escrow Agreement • August 27th, 2013
Services provided by National Software Escrow, Inc. protect the interests of both Technology Vendors and their clients who license their products. Licensees rely on vendors for technical support and maintenance. This dependency, especially if it involves software related to mission-critical business operations, exposes them to certain risks. If, for instance, a technology vendor went out of business or stopped supporting the license software for other reasons, the licensee would likely suffer considerable losses in revenue and productivity. A technology escrow agreement gives licensees the ability, under specific and controlled circumstances, to gain access to the source code needed to maintain the technology.
Iron Mountain Technology Escrow AgreementTechnology Escrow Agreement • August 30th, 2021
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TECHNOLOGY ESCROW AGREEMENTSTechnology Escrow Agreement • September 4th, 2015
The escrow agreement provides a vehicle for a service provider to deposit certain materials – traditionally source code – into escrow with a neutral third-party escrow agent who maintains the source code in a confidential depository, for the benefit of the customer. Common features of a typical escrow agreement are discussed below, together with a review of common drafting issues.
