Escrow agreements

In an escrow agreement, the source code of a program is deposited with an independent escrow agent. This measure is intended to protect the end user, who acquires a more secure and undisturbed continuous use of the (often expensive) software, especially when a supplier would be unable to provide service (ex. bankruptcy). Moreover, an escrow arrangement protects the intellectual property rights of the software vendor.

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Escrow summary

Escrow has two purposes: to ensure continuity of support and to protect the intellectual property rights of the software vendor.