Software Escrow | 2-party frame-agreement
for multiple licensee / beneficiaries
For a software supplier, arranging escrow contracts for individual customers can be very time consuming. A 2-party agreement offers the perfect solution.
With this type of escrow-contract - also known as frame-agreement - you offer your clients certainty in continuity. All licensees automatically become beneficiaries of the escrow arrangement. The escrow contact becomes a standard component of the Service Level Agreement.
You only need to setup the escrow arrangement once. Both your existing and new customers automatically take part to the arrangement. Your proactive approach will be much appreciated by your clients and prospects. For a frame-agreement, a Level III verification is mandatory. In this way, the beneficiaries are ensured of a high level of reliability.
Next to efficiency and better services towards your clients, a frame-agreement offer another advantage: the annual escrow fee is more favourably than with individual escrow-agreements (3-party agreement).