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Escrow Software Programs | Escrow Software Services

Software escrow is the process of depositing an application's source code with a third party, referred to as the escrow agent. Buyers typically seek software escrow in order to assure that software maintenance continues over time, even if the software house that built the application goes out of business or fails to maintain and update the code. The software escrow allows software owners to protect intellectual property rights for their applications, and at the same time it ensures the long-term availability of software. Escrow Software Program Services offer important benefits for both contra

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Escrow Software Programs | Escrow Software Services

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  1. SOFTWARE ESCROW AGREEMENT COMPANY

  2. What is a Software Escrow? Software escrow is typically an agreement between three parties – the software provider, the end-user, and the escrow agent. The primary goal of the software escrow agreement is to provide comfort and assurance to the software user in case the software provider is unwilling or unable to support the software. Under the agreement, the software provider hands over the source code and other necessary documentation to the escrow agent. The agent keeps the documentation in a secured vault and releases them to the software users when the vendor goes out of business or bankrupt or does not support the software or any mutual agreed event.

  3. TECHNOLOGY ESCROW A technology escrow is similar to that of a source code or software escrow. While it is designed to provide the same level of protection, a technology escrow contains an extensive range of escrow materials, catering to technology and licenses deals. Deposit materials in Technology escrows can include chemical formulas, samples, prototypes, documents, product designs, encryption keys, etc. relating to technology that can be stored on the electronically, or physically. At EscrowTech India, we make sure to provide flexibility with our technology escrow services, addressing a wide range of customer needs.

  4. Escrow Software Program  An Escrow Software Programs contract can take many forms contingent on the needs of the parties. Although the traditional Escrow agreement is a three-way contract between a digital asset owner, a beneficiary and trusted third party, it is not the only possible formation. First, it is possible to escrow an asset purely via a special clause introduced in a contract (Escrow clause), but it is also possible to have a quadripartite agreement connecting a distributor on top of the traditional tripartite contract. An Escrow can also help a recipient manage his dependencies to his supplier (Beneficiary Escrow contract) or can be concluded between a SaaS and a beneficiary (SaaS Escrow).

  5. About EscrowTech India • SAFE AND SECURE • FIRST TIME IN INDIA • FORTUNE 500 CLIENTELE • SUPERIOR EXPERTISE • INCOMPARABLE TECHNICAL CAPABILITY • NOTICE FROM OUR LEGAL DEPARTMENT

  6. Escrows are governed by Actual Escrow Agreement There are a variety of technology and software escrows, and with that comes a lot of complexity. Our in house legal team is experience with the escrow procedures, terms and conditions that are required to create an agreement. You will receive a support from our legal department that tells everything is handled professionally and is well regulated.

  7. Free Consultation • Interested in learning more about our Software Escrow, Source Code Escrow, or Technology Escrow services or other services? • Feel free to email us at info@escrowtech.in for a “no cost” and “no obligation” consultation with our experts on the best solution or program for you! You will get our attention and our best advice. • Experience why EscrowTech India Pvt Ltd. enjoys a near 100% retention rate of clients and learn for yourself why EscrowTech India is ‘The Right Choice’ for software escrow, source code escrow, technology escrow, IP archive and IP audit trail services. CONTACT US

  8. CONTACT US • Phone Number: +91 (44) – 45535571/72 • Email : info@escrowtech.inEscrowTech India Private Limited • C2-A, Industrial Estate, Guindy, Chennai – 600 032.

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