NSE Features & Benefits
Software Escrow Arrangement NSE Features & Benefits
Features/Benefits | NSE | Other Providers |
---|---|---|
Does the Escrow Provider possess 25+ years' experience protecting intellectual property? | Yes | - |
Does the Escrow Provider maintain a customer base of over 2,000 customers worldwide? | Yes | - |
Does the Escrow Provider offer immediate, professional attention? | Yes | - |
Does the Escrow Provider offer a Single Beneficiary Escrow Arrangement (1 Technology Vendor / 1 Licensee)? | Yes | - |
Does the Escrow Provider offer a Multi-Beneficiary Escrow Arrangement permitting Technology Vendors to enroll multiple licensees to one, universal Escrow Agreement? | Yes | - |
Does the Escrow Provider offer a Multi-Vendor Escrow Arrangement permitting Licensees to enroll multiple Technology Vendors to one, universal Agreement? | Yes | - |
Does the Escrow Provider permit the review of their Escrow Agreements free-of-charge? | Yes | - |
Does the Escrow Provider prepare the Escrow Agreement efficiently and precisely once the terms and conditions are agreed upon by the parties? | Yes | - |
Does the Escrow Provider send prompt notifications to the parties upon receipt of initial/updated Escrow Deposits? | Yes | - |
Does the Escrow Provider permit previous versions of materials to remain in escrow at no additional charge? | Yes | - |
Does the Escrow Provider support BOTH Physical & Electronic Deposits of Escrow Materials? | Yes | - |
If Physical Format is required, does the Escrow Provider store and secure the materials in a 16,400 square foot state-of-the-art facility designed for the storage of physical media? | Yes | - |
Does the state-of-the-art storage facility include computer controlled humidity and temperature levels; 24-hour surveillance and alarm systems, key punch systems restricting access throughout vault, air filtration system? | Yes | - |
If Electronic Format is required, does the Escrow Provider store, maintain and preserve the Deposit Materials with file encryption using appropriate standards, data storage over several large-scale data centers, protection against network security issues, redundant backups for data over multiple locations? | Yes | - |
Does the Escrow Provider maintain accurate records documenting deposits submitted and customers enrolled? | Yes | - |
Does the Escrow Provider record customer account changes? | Yes | - |
Does the Escrow Provider charge a 'Set-Up Fee' if the default terms and conditions in NSE's Agreement are used? | No | - |
Does the Escrow Provider charge a Media Storage Fee? | No | - |
Does the Escrow Provider set limits as to the number of Updates that can be deposited into escrow? | No | - |
Does the Escrow Provider maintain a complete line of insurance coverages? | Yes | - |