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What We Do
For over 35 years, we have been protecting software companies and their end users with our Software Escrow Arrangements.
Specifically, we protect both parties in a software license agreement by storing software source code in a secure location and permit access if an event agreed upon by the Parties occurs.
What is a Software Escrow?
A Software Escrow Arrangement is an agreement that protects both parties in a software license agreement. It provides a Licensee access to a Software Vendor’s source code if a release event agreed upon by both parties occurs. The Software Vendor deposits their source code into an escrow account that is stored in a secure location either offline or in a secure cloud environment. If a release condition occurs, the Escrow Agent will release the source code to the Licensee. A Software Escrow Arrangement protects a Software Vendor’s interests; while simultaneously, permits a Licensee to maintain their investment in the software if for example, the Software Vendor is unable to continue its operations.
What’s Up With The Cube?
Our cube represents security, stability and protection. Since the foundation for our success spans over 35 years, it is very important to maintain these key attributes as part of our ongoing identity.
The outer cube represents National Software Escrow, Inc.
The inner, represents our clients’ assets.
Single Beneficiary Escrow Arrangement
Are you a Software Vendor licensing software to one Licensee? If so, National Software Escrow, Inc. addresses this by offering a “Single Beneficiary” Agreement, thus saving you time and money associated with having an attorney draft one for you. This type of software escrow agreement is often identified as a 3-party Agreement since it is executed by the Software Vendor, the Licensee aka (“Beneficiary”) and National Software Escrow, Inc.
Multi-Beneficiary Escrow Arrangement
Are you a Software Vendor licensing software to multiple Licensees? If so, you may elect to establish an Escrow Agreement for each unique Licensee. An alternative approach is to establish a Master Escrow Agreement for ALL of your Licensees. National Software Escrow, Inc. addresses this by offering a “Multi- Beneficiary” Escrow Agreement. This type of Agreement is often identified as a 2-party Agreement since it is executed by the Software Vendor and National Software Escrow, Inc. It permits the enrollment of multiple Licensees aka (“Beneficiaries”) to one, universal Agreement.
Multi-Vendor Escrow Arrangement
Are you a Licensee with investments to secure? If so, you may elect to establish an Escrow Agreement for each unique Software Vendor. An alternative approach is to establish a Master Escrow Agreement for ALL of your Software Vendors. National Software Escrow, Inc. addresses this by offering a “Multi-Vendor” Escrow Agreement. This type of Agreement is often identified as a 2-party Agreement since it is executed by the Licensee aka (“Beneficiary”) and National Software Escrow, Inc. It permits the enrollment of multiple Software Vendors to one, universal Agreement.
Frequently Asked Questions
Why should I use National Software Escrow, Inc. as my Software Escrow Agent?
National Software Escrow has been servicing clients since 1986. With more than 35 years of experience, we are your trusted partner for software source code protection. Contact us today to learn more about our software escrow services.
As a Licensee, what could happen if I did not establish a Software Escrow Agreement with my Software Vendor?
Escrow Services provided by National Software Escrow, Inc. protect the interests of both Software Vendors and the users of the software. Your business relies on Software Vendors for technical support and maintenance of software in order for it to function properly. This dependency exposes you to certain risks. If a Software Vendor went out of business or stopped supporting the licensed software, your organization would likely suffer losses in revenue and productivity. A Software Escrow Agreement gives you, under specific and controlled circumstances, access to the source code needed to maintain the software to ensure business continuity.