by Philippe Thomas | Jul 24, 2023 | Escrow, Tech Due Diligence
The intersection of security, code scan and escrowIn essence, the software escrow agreement is designed to mitigate risk. Should the software vendor fail to provide necessary updates, maintenance, or go out of business, the escrow releases the source code to the...
by Philippe Thomas | Jul 12, 2023 | Escrow, Tech Due Diligence
What is Tech Due Diligence and Why is it Important?Tech Due Diligence refers to the process of assessing and analyzing a company’s technological assets, including software, hardware, digital infrastructure, cybersecurity measures, and intellectual property. This...
by Marine Yborra | May 2, 2023 | Escrow
The benefits of SaaS for users and software companiesSaaS solutions offer several benefits to users, including flexibility, scalability, and accessibility. With SaaS, users can access the software from anywhere, as long as they have an internet connection....
by Philippe Thomas | Apr 25, 2023 | Escrow
1. Regular updates: ensuring up-to-date deposits for your Software EscrowRegular updates are crucial for maintaining a secure and relevant Software Escrow. By keeping your deposits up to date, you ensure that the most current version of your software is protected and...
by Philippe Thomas | Apr 21, 2023 | Escrow
What is a Source Code Escrow?A Source Code Escrow is a legally binding arrangement between a software licensee (the end-user), the software developer (the licensor), and a neutral third-party escrow agent. This agreement ensures that the software’s source code,...
by Philippe Thomas | Apr 20, 2023 | Escrow
Defining the parties and their roles for Software Escrow agreementThe first step in creating a Software Escrow agreement is to clearly define the parties involved and their respective roles. In a traditional three-party escrow agreement, the main parties are:Licensor:...
