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Software escrow agreements are an arrangement to protect the beneficiary in the unlikely event that the developer ceases operations or the agreement is terminated due the clauses below are sourced from the escrow london template agreements and may be modified if all parties agree to them.
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Attachment K Sample Software Escrow Agreement - Escrow Agreements Generally Involve An Independent Third Party, Called An Escrow Agent, Who Holds An Asset Of Value Until The Specified Conditions Of The Contract Are Met.
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