Source code escrow is a legal arrangement involving a software vendor, a licensee, and an independent escrow agent like Escode. It ensures that the source code and essential materials of a software application are securely stored and can be released to the licensee if the vendor cannot fulfil their obligations due to bankruptcy, insolvency, or discontinued support. This service is crucial for maintaining business continuity and protecting intellectual property.
Our in-house Escrow legal team will work with the vendor and licensee to negotiate and agree on the terms of the Escrow Agreement.
Escrow agreementsOur in-house deposit management team will compile the deposit and store this in our secure physical or virtual Cloud vault.
Discover ViewOur in-house technical consultants will conduct an Escrow Verification exercise to confirm that the deposit is correct and complete.
Escrow verificationA Source Code Escrow Agreement with Verification provides businesses with complete protection against disruption. Tailor your solution to meet your requirements with the support of our in-house legal and technical experts.
Guarantees access to software source code, data, and other critical material, enabling rapid recovery and business continuity with minimal downtime in the event of vendor disruption.
Enables you to test business continuity plans and provides redeployment documents that can be utilized for internal communication plans, training, demonstrating regulatory compliance, and audits.
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Source Code Escrow ensures that the licensee has access to the source code if the vendor fails to support the software due to bankruptcy, insolvency, or other reasons.
Source Code Escrow protects the licensee from risks associated with the vendor's inability to provide ongoing support and updates.
Source Code Escrow safeguards the vendor’s intellectual property by keeping the source code in a secure independent environment until a release condition is met. We simplify Escrow for Vendors with Multi-Licensee Agreements & automated source code deposits through View.
What sets Escode apart from other Software Escrow companies is our deposit management portal. With View, you can manage your products anytime, anywhere, and securely store critical assets including source code, access credentials, and environment details. Our platform connects directly to popular source code repositories, with the option to automate deposits or upload manually for added flexibility and control. Our in-house deposit management team will guide you each step of the way, simplifying your business continuity management.
Don’t leave your operational resilience to chance. Speak with our specialists to review your current third-party risk framework, evaluate your compliance requirements, and build an escrow strategy tailored to your business continuity goals.
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