Software Developers (Licensors)

You embody professionalism. And you want to show it.
You know that you are serious about what you do. How do you prove it to your customers? Your customers’ biggest fear is that one day, you won’t be around to maintain the software. An escrow arrangement will show your customers that you are concerned about and looking out for their interests. An escrow arrangement will give your customers peace of mind.

You want your work to be your collateral.
If you ever need a loan from an independent third party bank or lender, you need collateral. Imagine if your work could be used as collateral. But collateral must be something that is identifiable, transferrable and accessible. All this can be achieved by putting your source code in escrow.

You want to own the fruits of your labour.
As a developer, you may sometimes write code with other developers or manufacturers. Exactly what part of the code did you write? Which part do you own? Well-documented source code in escrow will clearly show which part of the code belongs to you.

You don’t want to be accused of being a copycat. And you want to protect your work from copycats.
Your source code is your intellectual property. Your source code in escrow will be an independent source of corroborating evidence that unequivocally proves what you created and when you created it. This way, nobody can ever call you a copycat. You can use source code escrow to protect your copyright.

You want your best-kept secrets to stay within your software company.
If an employee leaves the company, you don’t want your best-kept secrets and confidential information to leave with them. Putting your source code and other trade secrets in escrow can prove exactly what you intended to keep confidential and what you desired to protect.