Multi-Beneficiary Arrangement

Software Escrow Arrangement

Multi-Beneficiary Escrow Arrangement – (1 Technology Vendor / Multiple Beneficiaries)

 

NSE offers a Multi-Beneficiary Escrow Arrangement to Technology Vendors who wish to enroll multiple Licensees (Beneficiaries) to one, universal Escrow Agreement.

NSE’s Multi- Beneficiary Escrow Agreement is designed to protect the rights, interests and investments of both parties and addresses:

  • The identities of the Technology Vendor and each enrolled Beneficiary
  • Specifics that will make up the escrow deposit
  • The submission of the initial escrow deposit and subsequent deposits (if any)
  • The issuing of receipts by National Software Escrow, Inc. for each escrow deposit
  • The storage of the escrow deposits
  • Defaults and Release from escrow
  • Disputes
  • Term & Termination

Establishing your Multi-Beneficiary Escrow Arrangement is quick and easy.  To get started, simply request a copy of NSE’s Multi-Beneficiary Escrow Agreement.