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Best password vault software for team use

Can anyone recommend and password keeping software that we can use as a team rather than for personal use? Obviously has to be secure, but probably best on the cloud if all our internal systems go down.
2 Solutions

On the cloud, sure? This narrows the choice a lot, please rethink. If all your internal systems went down, you think you would still have access to the cloud? Like how, via your mobile password management iphone app? No, this is not recommended.

From time to time, we print all passwords so if "all systems go down" or the admins are missing others with access to the safe could read those.

If you agree, please look at http://www.manageengine.com/products/passwordmanagerpro/ - it can use AD groups to control access to passwords.
LastPass is a free (or inexpensive Pro version) hosted solution.

GrffsterAuthor Commented:
Fair point on premise. Both these look good thanks.
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