Software escrow arrangements are gaining increasing importance in complex technology deals. Software escrows can be an effective way to mitigate certain future risks involving the licensing of ...
Escrow refers to an arrangement in which a neutral third party receives, holds and pays out funds as spelled out in a contract. Though it's used in a variety of financial situations, escrow accounts ...
Most people never encounter the concept of escrow until they buy a home. Escrow accounts are set up by third parties as a safe place to hold money. They are used for two main purposes when it comes to ...
Placing the source code of programs written by a software vendor into the hands of a third party throughout the development process and/or the term of the license. If the vendor goes out of business ...