| Which
Agreement Do You Need? 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 draft for review.
Guard-IT
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 Types,
One Question to Answer
Is there a single
beneficiary (client) or do you expect to give the
escrow benefits to multiple users of the same
product?
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.
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. Whether there
are two, 20 or 200 beneficiaries, all of them may
be enrolled to the same agreement. 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.
Free Sample
Escrow Agreement Downloads
The following drafts are in MS Word
format with redline protection. Once you've
downloaded and made your necessary changes, just
return it to Guard-IT for a quick review. We will
return a clean copy with your edits for you to
sign.
Guard-IT
Three-Party Escrow Draft (for one client)
Guard-IT
Two-Party Escrow Draft (for multiple
clients)
Guard-IT
Escrow Checklist (recommended)
Contact info@guard-it.com or call (512)
282-1995 for assistance.
Copyright
1999-2010 Guard-IT Corporation. All rights
reserved.
Page updated 06.09.2010
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