by David Baka | Aug 23, 2022 | Blog
The basics of software license agreements and source code escrow agreements. The aftermath of COVID-19 saw many employees forced into remote working conditions. With many workers around the globe either working from home or in hybrid environments, a rise in demand for...
by David Baka | Jul 19, 2022 | software escrow
It’s Time to Prepare At National Software Escrow, we take great pride in the idea and execution of being prepared. It can be said that our entire model speaks to this; you can’t ever be too prepared. I recall being told that if you fail to plan, you plan...
by David Baka | Feb 28, 2022 | Blog
In many of today’s license agreements, companies licensing software, Licensees, are requesting that along with the program(s), a copy of the Software Vendor’s proprietary source code also be included with their license. Source code contains the instructions that...
by David Baka | Feb 25, 2022 | software escrow
Escrow is a term that refers to money that a neutral third party keeps on behalf of the parties involved in a transaction. The escrow agent is frequently referred to as a trustee in the transaction because of their role as a neutral third party who protects the...
by David Baka | Feb 1, 2022 | software escrow
Upon receipt of the “Deposit Materials”, most trusted, neutral-third party providers of Software Escrow Services will issue to the Software Vendor and Licensee a hardcopy or electronic receipt for the initial Deposit Materials and for each subsequent deposit in a...
by David Baka | Dec 10, 2021 | Escrow Services
The Answers will show Why Source Code Escrow is What You Were Looking For In this blog, we will be discussing the what, why, what, and why of source code escrow. What does source code escrow protect? Why is it essential to protect source code? What can happen to your...
by David Baka | Jun 17, 2021 | Blog, Escrow Services, Escrow Storage
National Software Escrow, Inc. protects your information technology investment by securing your software source code off-site in a secure, cloud-based environment, or on-site in our secure vault. There is no other data escrow company that can offer a completely...
by David Baka | Jun 10, 2021 | Blog, Escrow Services, Escrow Storage
Establishing an Escrow Agreement provides the Licensee with access to the Technology Vendor’s source code and documentation, in the event that a specific, release/triggering event agreed upon by the Technology Vendor and Licensee occurs Below please find Reasons why...
by David Baka | Jun 3, 2021 | Blog, Escrow Services, Escrow Storage
The majority of Software Escrow Agreements are established in order to provide the Licensee with access to the Technology Vendor’s source code and documentation, in the event that a specific, release/triggering event agreed upon by the Technology Vendor and Licensee...
by David Baka | May 27, 2021 | Blog, Escrow Services, software escrow
Initiating a Software Escrow Agreement is only the beginning when it comes to protecting your intellectual property. Nourishing the escrow clause in your source code escrow agreement is an important next step that helps keep escrow arrangements refreshed and...
by David Baka | May 20, 2021 | Blog, Escrow Services, software escrow
The free-market economist Milton Friedman popularized the phrase “there is no such thing as a free lunch”. The same theory applies when establishing a Software Escrow Arrangement. The reason for establishing and Escrow Agreement is for protection. With access to the...
by David Baka | May 13, 2021 | Blog, Escrow Services, software escrow
A popular source code escrow arrangement for Technology Vendors is a “Multi-Beneficiary” Escrow Arrangement. In theory, this is a 2-party source code escrow agreement that once established, permits the Technology Vendor to enroll multiple Licensees (“Beneficiaries”)...
by David Baka | May 6, 2021 | Blog, Escrow Services, software escrow
What if an agreed-upon release event has occurred? What is the Licensee to do? The answer to this question depends on the terms and conditions defined within the Escrow Agreement. NSE’s Escrow Agreements not only document the specific release events that govern the...
by David Baka | Apr 29, 2021 | Blog, Escrow Services, software escrow
Upon receipt of the “Deposit Materials”, National Software Escrow, Inc. (NSE) will issue to both the Technology Vendor and Beneficiary a receipt for the initial deposit and for each subsequent deposit. Such receipt verifies a delivery to NSE, but not a verification of...
by David Baka | Apr 22, 2021 | Blog, software escrow, Software Source Code
Once your Escrow Agreement is established and the parties agree to the contents that will make up the “Deposit Materials”, the next step is to deliver the “Deposit Materials” to the Escrow Agent. National Software Escrow, Inc. (NSE) supports both “Physical” and...
