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Alternative to Escrow Agreements
Posted 11 April 2011 - 05:18 AM
I work for a start up that develops software for investment banks. Our software is usually provided on license basis. It is a statutory requirement to have some provision for risk management regarding the software source code. One of the client's has proposed signing an agreement whereby they keep one copy of the source code locked up in their safe rather than go for an escrow agreement, a cost they indicate they wan't to avoid. Are we setting ourselves up for a sucker-punch? What are alternatives to this as I am not very sure about handing someone our source code?.
Posted 11 April 2011 - 04:08 PM
My MineCraft server site: http://banishedwings.enjin.com/
Posted 12 April 2011 - 04:26 AM