How Source Code Escrow Benefits the Developer
• Establishes clear ownership
• Demonstrates efforts to protect the trade secrets that make your intellectual property valuable (You must take steps to guard your trade secrets before a court will consider them your confidential property.)
• Protects against fraudulent claims by employees or competitors
• Helps increase sales by providing a cost-effective solution to your customers' need for assurance of program maintenance
• Can be used as collateral for financing from banks or investors
How Source Code Escrow Benefits the User
• Protects your investment in technology
• Ensures the transfer of proprietary information to you should the developer declare bankruptcy
• The source code will remain updated and intact
• Ensures long-term maintenance of licensed software
• Easy to enroll as a licensee
Wednesday, December 07, 2005
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