Common use of Deposit of Source Code Clause in Contracts

Deposit of Source Code. Within ninety (90) days of the Effective Date, the Parties shall enter into a registration agreement in the form of Exhibit M with the Escrow Agent (the “Escrow Agreement”). SSN shall deposit in an escrow account the Source Code of the UIQ Software and Gridscape, Major and Minor Releases provided by SSN under this Agreement, and related documentation (collectively, the “Escrow Deposits”) within thirty (30) days after System Acceptance of each System. SSN shall update the Escrow Deposits by depositing an updated package of the Escrow Deposits (the “Updated Escrow Deposits”) as soon as reasonably possible after they are made generally available, but in no event later than ninety (90) days following any Update. Payment of the fees charged by the Escrow Agent shall be as set forth in the Escrow Agreement. Customer shall receive all of the Escrow Deposits upon the occurrence of a Release Event. The terms of the Escrow Agreement shall ensure Customer’s access to and receipt of the Escrow Deposits for the purpose of exercising its rights under the Escrow License. SSN shall not cancel or modify the Escrow Agreement without the prior written consent of Customer, which written consent must expressly refer to this Section 14.1.