Multiple Licensors - Single Beneficiary "ML-SB" Software Escrow Agreement

Description

The Multiple Licensors - Single Beneficiary "ML-SB" Software Escrow Agreement is a two party agreement between the Beneficiary and EscrowTech. Any number of Licensors may be added to this agreement at any time. This is a full-service escrow. This software escrow is designed for corporate sized Beneficiaries who have a need to escrow the source code for multiple products from various licensors. This type of agreement should be used in the following situation:

How the ML-SB Escrow Works

A Multiple Licensors - Single Beneficiary Software Escrow begins with the Beneficiary and EscrowTech signing the Software Escrow Agreement. This agreement outlines the details of the Software Escrow. Licensors are then added to this agreement via the Licensor Registration Form. This form allows for customizations on a per Licensor basis for important variables such as:

Once the Software Escrow Agreement is established, the Licensors then submit the Deposit Materials to EscrowTech. If a Release Condition occurs then EscrowTech releases the deposit materials to the Beneficiary. It's that simple!

Multiple Licensors - Single Beneficiary Escrow

Seting up the Software Escrow

Are you ready to setup a software escrow? The first step in setting up a software escrow is to contact EscrowTech. We can provide you with the necessary forms and answer any additional questions. EscrowTech can be contacted by email and an EscrowTech Software Escrow Expert will contact you soon.

Do you have any questions or need any clarification? If so, send EscrowTech an email. Our experts are trained to help you find the Software Escrow that meets your specific needs.

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