A Software Source Code Escrow Agreement is a simple and effective tri-party arrangement with mutually agreed terms between the software customer, software supplier, and Escode. Under the Software Escrow Agreement, the supplier periodically deposits a copy of the software source code and associated materials for secure storage within Escode's secure physical or virtual vault, ensuring that the material can be accessed and released should the need arise.
A Software Escrow Agreement protects your investment by guaranteeing the long-term availability of third-party software and data while preserving the developer’s Intellectual Property Rights (IPR).
A Software Escrow Agreement supports compliance with audit requirements as well as IT outsourcing and third-party risk management regulatory requirements and guidance.
A Software Escrow Agreement mitigates the risks associated with software vendors and forms a key part of business continuity and exit planning for critical third-party services.
ESCROW AGREEMENT TYPES
“Being proactive and placing security and resilience at the start of any development means that we can confidently explore ideas and push boundaries, safe in the knowledge that we are managing any risk associated with our software supply chain responsibly.”
We provide adaptable Escrow agreements designed to suit your business requirements. Choose from Cloud or on-premises solutions, available in 17 jurisdictions.
Experience effortless integration, automated depositing and manage your Escrow solutions anytime, anywhere with View.
Market-leading security with 24/7 surveillance, secure physical and virtual vaults, and SOC2 monitoring.
Our dedicated in-house technical, legal and customer support teams are committed to providing support and guidance.
As your business expands, we stand ready to support your growth through ongoing product reviews and strategic vendor partnerships.
In an era where businesses heavily rely on technology, safeguarding intellectual property becomes a critical priority. This guide explores the role of software escrow and verification services in securing your company’s assets, detailing essential steps, items to be placed in escrow, and emphasizing the importance of a robust verification process.
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