Software Escrow Services
Software escrow services include the deposit of the source code of software with a third party escrow agent. Software escrow is, thus typically requested by a party licensing software (the licensee or beneficiary), to ensure maintenance of the software while protecting the IP of the developer.
First of all , as part of the agreement setup, the Licensor/Depositor will deposit with Escrow London the latest version of the source code.
In addition to the deposit, Escrow London performs a file integrity test to ensure the files are accessible and free of viruses as part of the software escrow deposit.
The software source code deposited as part of the software escrow agreement is only released to the licensee if the licensor is no longer able to support and maintain the software.
While the process may seem daunting, the mechanism for deposit and release of the source code is all clearly defined and negotiated upon in the software escrow services agreement.