Other Escrow Arrangements
Whatever escrow solution you need, we are able to provide the right solution
For more than twenty-five years, escrow has been a cornerstone of the software industry. In an escrow arrangement, a third, independent party (the escrow agent) holds certain assets, such as software source code, data, documents, or funds on behalf of two other parties until agreed-upon conditions are met.
Beyond software, there’s often a need to store other forms of intellectual property like; embedded software, formulas, blueprints, or recipes with an independent third party. In fact, this need arises more frequently today.
Thanks to our proven workflows and ISO 27001-certified back-office facilities, we can offer outstanding escrow arrangements across multiple asset types. That ensures the supplier’s intellectual property remains protected, and the user gains access to escrowed materials under specific, pre-agreed conditions.
In many scenarios, Escrow4All can act as your independent third party and expert custodian.
Looking for a continuity solution? Contact us.
Examples of Other Continuity Arrangements
Knowledge Escrow
Under the umbrella of Knowledge Escrow, Escrow4All provides solutions for safeguarding digital knowledge. Clients who obtain specific licenses or semi-finished products need assurance that the underlying know-how stays accessible even if the provider runs into trouble (e.g., bankruptcy).
Escrow4All has experience with escrow arrangements for:
• A wind turbine blueprint
• Embedded software for machine control
• A game console chip/circuit board
• A chemical formula for an oil company
• The recipe for a fire suppressant agent
We ensure updates are tracked, verifications are performed (with specialists when needed), and repositories are monitored protecting both parties’ interests.
Software IP Rights Split
For divesting or spinning off a bank’s software division, agreements are made to separate the software IP. Escrow4All monitors compliance with those agreements. Repositories from before and after the split are preserved as references ensuring a single source of truth and eliminating any potential disputes.
Software Product Sale
When buying or selling a software product, Escrow4All is engaged by both buyer and seller to guarantee authenticity. The seller deposits a copy of the source code and documentation, which Escrow4All verifies for completeness. Once the buyer fulfills payment obligations, the seller receives the source code.
Customized escrow
Sometimes, continuity challenges are so complex that alternative solutions are necessary such as establishing a separate entity or foundation for continuity. As your knowledge partner, we advise on the pros and cons from multiple perspectives. Because we do not bill by the hour and offer a wide range of possibilities, our advice is always objective.
Each customer is unique. Yet our proven procedure always works.
Analysis
Focus on your business case
Advise
Based on extensive experience
Execution
Accurately, pragmatically and professionally
Let’s meet
Looking for innovative escrow solutions?
Contact us now.