Single Beneficiary Escrow Arrangement – (1 Vendor / 1 Licensee)Software Escrow Arrangements
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We offer a Single Beneficiary Escrow Arrangement for (1) Software Vendor and (1) Licensee aka (“Beneficiary”).
In a Single Beneficiary agreement, which is a conventional three-party agreement, the Beneficiary (Licensee) is designated as the recipient of the escrow materials pursuant to the occurrence of a Release Condition
Our Single Beneficiary Escrow Agreement addresses:
- The identities of the Software Vendor and Licensee
- Specifics that make up the Software Vendor’s Escrow Materials
- The submission and storage of the Escrow Materials
- Release Conditions from Escrow
Establishing your Escrow Agreement is quick and easy. To get started, download our Agreement and/or request additional information about our Single Beneficiary Arrangement by clicking here.