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Software Escrow Blog
National Software Escrow Inc. News & ArticlesVerification 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...
So what exactly can be deposited into Escrow?
So what exactly can be deposited into Escrow? The answer to this question is directly related to what the Technology Vendor and Licensee agree to as “Deposit Materials”. In a Technology Escrow Agreement, “Deposit Materials” will be that portion of a Technology...
What Type of Software Escrow Arrangement is right for me?
The answer to this question depends on your business needs. Are you a Technology Vendor licensing software to one customer? If so, your need for establishing a Software Escrow Arrangement may be dictated by a Licensee who is interested in licensing your...
Why Do I Need Software Escrow?
What is a software escrow and why is it needed? In many of today's technology license agreements, companies licensing technology are requesting that along with the program(s), a copy of the Technology Vendor's proprietary source code also be provided. Source code...