Single Beneficiary (Licensee)

WHO IT IS FOR

The Single Beneficiary “SB” agreement is a three party agreement between a software vendor (owner), a single beneficiary (licensee) and EscrowTech India. This type of agreement is used when:

  • There is one software vendor
  • There is one licensee

HOW IT WORKS

  • Deposit Materials – The actual source code, documents and any other important material.
  • Release Conditions – What must occur for the deposit materials to be released.