Source Code Escrow 182
Makarand writes "According to this article in The Economic Times (India) Software companies in India
are embracing the trend where source code for the software being bought or sold
is
kept safe with an escrow agent
with carefully drafted agreements. This allows
the buyer to get hold of the source code in cases where software was licensed from a
start-up which has now folded or a breach of contract regarding the maintenance services
that were agreed upon can be proven. The source code is automatically released
upon the occurrence of any of the events mentioned in the escrow agreement and the
buyer will be able to study the source code and continue to provide support services
for the software bought without relying on the employees of the software supplier."
lawyerware (Score:4, Funny)
Re:A better way to avoid this problem (Score:3, Funny)
Re:A better way to avoid this problem (Score:5, Funny)
What would Linus Torvalds say? (Score:2, Funny)
Re:A better way to avoid this problem (Score:3, Funny)
Ok, who's gonna be the first one to make some caffeinated beer? I might vote for you in the next overlord election!