Understanding Software Escrow Costs: A Practical Guide for Depositors and Beneficiaries
What Is a Software Escrow Agreement? A software escrow agreement is a contractual arrangement in which a neutral third party (the escrow agent) securely holds a developer’s source code, documentation, and other critical assets. The materials are only released to the software licensee (the Beneficiary) if predefined conditions are met—such as bankruptcy, failure to support, […]
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