Negotiating Escrow Release ConditionsAdding Beneficiaries as Your Client Base GrowsReleasing the Escrow Deposit Materials

By Scott A. Almy Special to “The Escrow Advisor” The task of structuring an escrow agreement is typically one that tends to persist until near the end of a licensing negotiation. In essence, it is a tug-of-war over a lock box in which the escrow deposit is treated like family jewels to licensors and licensees alike, and...

As mentioned before, much of our business is driven by the user's (licensee’s) requirement to have a contingent recovery plan in place for mission-critical software or other IT systems. We field many inquiries from developers – new and established businesses – who call us with their new business pending the setup of an escrow agreement.  Many who call have never had...

Hopefully, whether you're the depositor or the beneficiary, you'll never have to experience an escrow deposit release. But there are many factors and variables, especially in today's economic climate, that may adversely affect a technology company's business operations and threaten its existence and operations. But that's why you have an escrow agreement, right? If you have a...