How is an escrow arrangement for SaaS established?

Escrow for SaaS is especially for suppliers and users of SaaS or cloud software. We have individual and collective SaaS escrow arrangements. As the name suggests, this is the whole package that comes with an online package: the source code, the program AND the data.There are two basic variants for a SaaS escrow arrangement
Overleg Escrow Regelingen

Individual escrow arrangement

Also sometimes referred to as three-party or closed escrow arrangements. It is an agreement between:

  • The SaaS vendor (the software provider).
  • Its customer (the software user), or beneficiary
  • Escrow Alliance as an independent executor of the escrow arrangement

Collective escrow arrangement

Also sometimes referred to as two-party, cloak or open escrow arrangements. Multiple customers of the vendor then use the same software. Then the agreement is made between the supplier and Escrow Alliance. Customers of the software vendor may be notified as beneficiaries on the prepared escrow arrangement.

You can also implement both variants of escrow arrangements in a distribution or reseller variant if the software was provided through a distributor or reseller.

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