Single Beneficiary Arrangement

Software Escrow Arrangement

Single Beneficiary Escrow Arrangement – (1 Technology Vendor / 1 Beneficiary)

 

NSE offers a Single Beneficiary Escrow Arrangement to Technology Vendors who wish to enter into an Escrow Agreement with a single Licensee (Beneficiary).

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

  • The identities of the Technology Vendor and 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 Single Beneficiary Escrow Arrangement is quick and easy. To get started, simply request a copy of NSE’s Single Beneficiary Agreement.