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Escrow Agreement South Africa – Template

Escrow Agreement South Africa – Template

stars Over 10,000 Happy South African Businesses

Original price was: R 1 480,05.Current price is: R 1 036,04.

An agreement for safekeeping software, released upon fulfilment of certain conditions.

  • Secure software protection mechanism.
  • Neutral third-party dispute resolution.
  • Confidence for both parties.
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How do I receive my documents once I have paid for them?

Once your order is complete, you will be granted download permission for the document. You will:

  • See download links on the order received page after you have checked out.
  • Receive an email notification which will include download links.
  • Have access to your downloads via the Downloads tab on your ‘My Account’ page when logged in to your account on this website.
What format do you provide the document in?

You’ll receive the document in Microsoft Word. A small number of our documents are only available in PDF, in which case this is stated in the document summary.

What if I don't receive the link?

The two most common reasons for people not receiving the link are : (i) The e-mail address entered into the order form was incorrect; or (ii) the e-mail was directed into your spam folder. First please check your spam folder. If it is not there, contact us.

How can I tell if the document is suitable for my requirements?

Each document is accompanied by a description. Read the description to see if it will meet your requirements. If you are still uncertain, you can Contact Us with a brief overview of what you need the document for and we will respond as soon as possible.

Can I make changes to the contracts and legal documents?

Our documents are provided in MS Word format, allowing you to adjust and alter the agreement as you require. If you do not have legal experience we do caution you to be circumspect about the extent of the changes that you make.

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ESCROW AGREEMENT SOUTH AFRICA

Safeguarding of Software

Summary This Escrow Agreement may be used to contract with a business associate and agree on the terms of placing software in escrow with an independent third party. The agreement sets out each party’s rights and obligations, specifies the escrow services that the escrow agent is required to perform, and identifies the rights and obligations of both the supplier of the software and the business associate.

Why do I need an Escrow Agreement? A software company that has rights in and to software and associated source code may from time to time enter into an escrow agreement with a business associate, such as a client, providing that the software may be released to the business associate under certain defined conditions. The agreement sets out the terms of the relationship, including confidentiality, release conditions, and the payment of escrow fees.

What does the Software Escrow Contract say? The template agreement consists of: Parties; Interpretation; Introduction; Duration; Deposit of Material; Loss of Material; Release of Material; Objection to Release; Arbitration; Fees and Charges; Confidentiality; Termination; General.

What does the standard Agreement look like? The template document can be printed onto five pages.

What do you need to do to use the Escrow Agreement template?

  • Read the document to ensure that it suits your requirements. Make changes as required.
  • Complete all relevant details, sign and get all three parties to sign.

Also known as: Escrow Arrangement; Safekeeping of Software in Escrow; Escrow contract – Safekeeping of Software; Escrow Terms and Conditions; Escrow Contract

Escrow Agreement Template South Africa [Microsoft Word Doc]

The Online Agreements Shop cc and its members, staff, legal advisers, partners and consultants, agents and any person associated therewith cannot be held liable for any loss or damage that is incurred or may be incurred by any person as a direct or indirect result of the use of this website or any document or information contained on or obtained from this website, nor as a result of anything that is contained in or left out of any document.

How do I receive my documents once I have paid for them?

Once your order is complete, you will be granted download permission for the document. You will:

  • See download links on the order received page after you have checked out.
  • Receive an email notification which will include download links.
  • Have access to your downloads via the Downloads tab on your ‘My Account’ page when logged in to your account on this website.
What format do you provide the document in?

You’ll receive the document in Microsoft Word. A small number of our documents are only available in PDF, in which case this is stated in the document summary.

What if I don't receive the link?

The two most common reasons for people not receiving the link are : (i) The e-mail address entered into the order form was incorrect; or (ii) the e-mail was directed into your spam folder. First please check your spam folder. If it is not there, contact us.

How can I tell if the document is suitable for my requirements?

Each document is accompanied by a description. Read the description to see if it will meet your requirements. If you are still uncertain, you can Contact Us with a brief overview of what you need the document for and we will respond as soon as possible.

Can I make changes to the contracts and legal documents?

Our documents are provided in MS Word format, allowing you to adjust and alter the agreement as you require. If you do not have legal experience we do caution you to be circumspect about the extent of the changes that you make.

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ESCROW AGREEMENT SOUTH AFRICA

Safeguarding of Software

Summary This Escrow Agreement may be used to contract with a business associate and agree on the terms of placing software in escrow with an independent third party. The agreement sets out each party’s rights and obligations, specifies the escrow services that the escrow agent is required to perform, and identifies the rights and obligations of both the supplier of the software and the business associate.

Why do I need an Escrow Agreement? A software company that has rights in and to software and associated source code may from time to time enter into an escrow agreement with a business associate, such as a client, providing that the software may be released to the business associate under certain defined conditions. The agreement sets out the terms of the relationship, including confidentiality, release conditions, and the payment of escrow fees.

What does the Software Escrow Contract say? The template agreement consists of: Parties; Interpretation; Introduction; Duration; Deposit of Material; Loss of Material; Release of Material; Objection to Release; Arbitration; Fees and Charges; Confidentiality; Termination; General.

What does the standard Agreement look like? The template document can be printed onto five pages.

What do you need to do to use the Escrow Agreement template?

  • Read the document to ensure that it suits your requirements. Make changes as required.
  • Complete all relevant details, sign and get all three parties to sign.

Also known as: Escrow Arrangement; Safekeeping of Software in Escrow; Escrow contract – Safekeeping of Software; Escrow Terms and Conditions; Escrow Contract

Escrow Agreement Template South Africa [Microsoft Word Doc]

The Online Agreements Shop cc and its members, staff, legal advisers, partners and consultants, agents and any person associated therewith cannot be held liable for any loss or damage that is incurred or may be incurred by any person as a direct or indirect result of the use of this website or any document or information contained on or obtained from this website, nor as a result of anything that is contained in or left out of any document.