The software provider must deliver the material to be stored to the Chamber of Commerce within 14 days of the effective date of the contract with signature. Money or other property deposited in this way is also loosely referred to as an escrow account. The software provider and the customer must agree on any changes to the model contract and clearly mark them in the contract. An individual trust agreement may be entered into between the owner of the software rights, his client and the fiduciary agent. The agreement is recommended for the delivery of custom software. Once the Chamber of Commerce has approved the proposed agreement and all three parties have signed the agreement, the source code can be stored by the Chamber of Commerce. Various documents can also be stored with an escrow agent for a set period of time. For example, it is possible to ensure that the materials for the acquisition of the company remain unchanged during storage. The group escrow agreement may be entered into between the software provider, the fiduciary agent and several users of the software. The group escrow agreement is recommended for cases where a similar product is sold to multiple customers, e.B, financial management software, or CRM. The agreement template saves the software provider work, as only one warehouse process must be performed at the Chamber of Commerce. In this way, software users can easily and cost-effectively protect a significant part of their business. At common law, the escrow account applied only to the filing of deeds for the transfer of land, but it now applies to all deeds filed in this manner.
The size of the package must not exceed 35 cm x 30 cm x 10 cm, unless otherwise agreed. .
