IF THIS IS YOUR SITUATION:
"A customer has asked us to put our software into escrow, but we've never done this before." YOU'VE COME TO THE RIGHT PLACE!"
YOU'VE COME TO THE RIGHT PLACE!
Flexible terms, guaranteed pricing and personalized service make Trans-IT a leading innovator in software (source code) & intellectual property escrow services. Our sole focus is preserving your most valuable assets. Our exclusive Client Tools help you set up new accounts, add beneficiaries and update your deposit materials 24/7. You may use one of our draft agreements or submit your own for us to administer. Since 1999, we've served a wide array of clients in more than 34 countries and we are ready to help you prepare an escrow agreement that suits your needs.
Software Escrow Services
Trans-IT provides third-party escrow services to secure and preserve software source code, data, formulas, diagrams and other intellectual property. Clients can set up escrow agreements, submit deposit materials and perform other account management functions using our exclusive Client Tools.
Our services – often referred to as “software escrow”, “source code escrow” or “intellectual property escrow” – protect your technology assets by placing them with a neutral third party for safekeeping. The “escrow agreement” contractually defines the developer’s ownership of the deposit materials, the designation of clients, licensees, investors or other interested parties as beneficiary(ies) and specific terms (“Release Conditions”) that would trigger the release of the deposit materials to a beneficiary.
Multi-User escrow agreements give developers an extra layer of intellectual property protection, control of the basic escrow terms and the flexibility to add UNLIMITED beneficiaries to the agreement. Single-User escrow agreements are customized with specific terms and remain static among the technology developer, a single beneficiary and Trans-IT.
Established in 2004, Trans-IT serves clients in more than 30 countries, ranging from small software developers to Fortune 100 corporations, along with various city, state and federal agencies. The Trans-IT executive team brings together more than 60 years of combined experience in technology development, dispute resolution, intellectual property matters and corporate contract law.
Free draft agreements upon request. Feel free to tour our website for more information, or call us at (512) 282-1995 with questions.