| Types of
Escrow Agreements Regardless of the
type or terms, we understand that it's your
escrow agreement, not ours. Only the parties to
the agreement (Developer & Licensee) know
what special terms must be included in the escrow
agreement.
We are pleased to
assist you in editing or customizing a software
escrow agreement that meets your exact needs, so
that you don't have to settle with someone else's
terms. You may edit one of our basic drafts or
send us your existing escrow agreement.
Guard-IT
Exclusive Service Features
| • |
Free
Online
Setup takes just
minutes to complete, with same- or next-
business-day delivery of your escrow
agreement |
| • |
Initial
escrow deposit and Beneficiary enrollment
are included in the initial setup |
| • |
Free
sample software escrow agreements
available by e-mail |
| • |
Simple
pricing, with fees fixed for up to three
years on all new escrow agreements |
| • |
Initial
written status reports delivered to all
Parties, along with semi-annual reports
and notification of deposit updates as
they occur |
| • |
Customized
escrow terms, including release
conditions, are allowed at no cost to
accommodate all Parties |
Two Basic
Types of Escrow Agreement
Is There a Single
Beneficiary (Client) or Multiple Beneficiaries?
Simply put, a three-party agreement
defines fixed terms among the Developer, one
Licensee and Guard-IT. A two-party escrow
agreement is between the Developer and Guard-IT;
any number of Licensees may be enrolled and at
any time.
Three-Party
Agreements: Sometimes, an individual
Licensee or Client may request (or require, as
we're seeing more of this lately) that the
Developer secure their license agreement or
development contract with an escrow agreement.
This is common when smaller Developers are
working with larger clients or government
agencies with stringent risk management needs.
When this happens, a three-party escrow agreement
becomes a valuable tool for securing deals and
cementing business relationships by proactive,
good-faith efforts between Developers and
Licensees.
Click here to request a
free "three-party" escrow draft,
or specify "three-party" when filling
out our Online Setup Form.
Two-Party
Agreements: These agreements give
Developers intellectual property protection,
control of the basic escrow terms and the
flexibility to add unlimited Beneficiaries as
needed. Two-party agreements enhance a
Developer's marketing efforts by giving instant
security benefits to clients. Beneficiaries can
be quickly enrolled online at our Online Client
Services area.
Click here to request a
free "two-party" escrow draft,
or specify "two-party" when filling out
our Online Setup Form.
Contact info@guard-it.com for more
information.
Copyright
1999-2010 Guard-IT Corporation. All rights
reserved.
Page updated 01.05.2010
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