Escrow Agreements for Software Source

For extra peace of mind, we offer escrow agreements for our core software products. If our software is crucial to your business, an escrow agreement acts as a strategic insurance policy against unexpected events.

Here is how it works: With every significant software update, we deposit a complete copy of the source code and build system with our independent escrow agent. They validate the materials and store them securely in their facility. This ensures a verified, up-to-date copy of the software is always held by a neutral third party.

We are contractually and legally obligated to maintain these regular deposits with the escrow agent as part of our commitment to your long-term security.

When you enter an escrow agreement with us, you sign a tripartite contract between your company, us, and the escrow agent. This agent acts as the trusted custodian of the source code on your behalf.

Typically, the agreement requires us to keep the escrow materials current. However, should specific trigger events occur, you gain the right to request the source code directly from the escrow agent.

Such trigger events are designed to protect you and may include our insolvency, liquidation, bankruptcy, or a failure to maintain the escrow deposit as required. For example, if an unforeseen event made us unavailable to support the software, your operations would be protected because you retain access to the source code.

We partner with Escrow London who are an established and reputable escrow specialist.

For details of our agreements please feel welcome to download a copy of our escrow contract.

 

Escrow FAQ

Can I change the agreement?

By all means send our standard agreement to your legal advisors. Your advisors are going to be perfect to advise you on the relative merits and amounts of coverage that you will be getting.

However lawyers do like to change things. You need to be aware that we offer a standard product at a standard price. If you change the product then the price will change and typically, the kinds of small changes that lawyers like to make are very expensive.

In the event that the standard product does not cover you in the way you want, then please contact us with details of what you require. We will give you an idea of the kind of extra cost you should be expecting. However you should be thinking at least twice the standard rate.

Why can't I have a US law contract?

When we were looking for a suitable escrow agent to partner with we talked to lots of people in different countries. We looked at lots of agreements written for different legal systems.

Most of the larger escrow agents offered contracts under either US or UK law depending on preference. However, for whatever reason, the UK law agreements were both cheaper and offered greater protection.

If we had to offer a US law equivalent the price would have been significantly greater for significantly less coverage.

As one might expect from countries that share a common heritage, US and UK contract law is not very different. Talk to your legal advisor and they will confirm this for you.

I want this. What do I have to do?

Go to our purchase page and purchase the ABCpdf Escrow or ImageGlue Escrow product. Then contact us with the order details and we will guide you through the process of completing the agreement.

Please do not change the contract in any way other than to fill in your details. Any changes must be agreed and confirmed in writing with both us and Escrow London, prior to purchase. As such any unilateral changes will invalidate your rights.

Please be aware that this product is based on an annual subscription and you must provide at least 60 days notice if you wish to cancel.