Switzerland

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 agreement. The escrow contact becomes a standard component of the Service Level Agreement.

 

You only need to setup the escrow agreement once. Both your existing and new customers automatically take part to the agreement. 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 offers another advantage: the annual escrow fee is more favourably than with individual escrow-agreements (3-party-agreement).

 

 

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