An important part of your business is managed by technology you do not own and have no access to, you pay a license fee and most probably an annual maintenance and support fee to a third party supplier. You are dependent upon the third party to provide the technology or service, to support you in the event of any issues and to make changes to the technology as required by you.
- We have a comprehensive suit of escrow agreements that will enable you to mitigate the risk that is inherent when you rely on a technology that you do not own.
- All our agreements are templates so you can change the terms to reflect your operational requirements.
- Escrow agreement are very simple documents and can be set up in less than 24 hours and are ready for a code deposit immediately.
- All technology suppliers are familiar with escrow agreements so you should not have problems discussing it with your supplier.