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Software Escrow Blog
National Software Escrow Inc. News & ArticlesThe Costs for Software Protection Services
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...
Addressing Unique Source Code Escrow Release Conditions in a Multi-Beneficiary Escrow Agreement
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”)...
Request Release of Deposit Materials
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...
Verification of the “Deposit Materials”
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...
Physical vs. Electronic Storage of the Escrow Materials
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...
Defining Defaults and Release in a Technology Escrow Agreement
Establishing a Technology Escrow Agreement provides a Licensee with access to a 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. So, what are possible...