| 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
1999-2012 Guard-IT Corp, all rights reserved.
Page updated 01.02.2012.
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