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Escrow
Janet Broome – Strategic Accounts and Products Manager
ESCROW – What is it?
• Software Escrow – a form of assurance for licensees
and software owners
• Objective of Escrow is to protect and maintain the
user’s business continuity and software owners
Intellectual Property Rights (IPR)
ESCROW – Trigger Events
• Within the ESCROW agreement there are several
trigger events which if they occur would result in the
end user gaining access to the licensed source code
Cease Trading or Liquidation
Failure to maintain the Escrow Agreement
National Computer Centre (NCC)
• NCC have source code deposited with them
• NCC have contacted all SirsiDynix customers and
reminded them of the ESCROW agreement
• The agreement is between NCC and the customer
NCC and ESCROW
• If you do not have an ESCROW agreement there is no
need to panic
• In reality very few customers would not be able to
maintain the source code
• Provision in contracts with SirsiDynix
ESCROW Questions
• Any further concerns contact your customer account
manager
• More information is available at
• http://www.nccgroup.com/services/escrowsolutions/