gusdog

Software trust service. Licensors and licensees will enter into a software trust agreement with EscrowTech International, Inc. to set up a fiduciary service for deposit materials. The deposit materials contain the source code of the licensed software, compilation and construction instructions and _. [The terms of release and procedure are set out in the software trust agreement.] [One of the following release conditions gives the licensee the right to release the filing documents in accordance with the procedure and terms of the software trust agreement: bankruptcy laws may affect the performance of a source code trust agreement if the creditors of the insolvent licensor have the legal right to seize the licensor`s assets after bankruptcy, including the code of the fiduciary contract. Prevent disclosure of the code to the licensee.