It is ideal for depositors who have more than one product licensed independently to multiple beneficiaries. And it also applicable for beneficiaries interested in establishing standard escrow terms for multiple depositors. This is for clients who want the highest level of technology escrow protection. Level I Verification , DeposiTrack and unlimited updates. A Level I Verification of deposit materials includes documentation of the hardware and software environments needed to read the computer media, maintain the source code, and compile the source code.
Unlimited deposits allows for clients to pay one low price for making as many deposits as needed.
This agreement enables a reseller to have access to the deposit materials for the technology it licenses, allowing the reseller to support its end-users if the owner of the technology terminates support for any reason. The Reseller Agreement also gives the end-user access to the deposit materials if the reseller fails to provide support and the owner does not replace them. This agreement is for companies that want to secure financing using their technology as collateral. This is key when trying to qualify for a loan, and can also complement UCC-1 filings so that security interests can be maintained. It will help you identify what type of escrow protection best suits your requirements.