Industrial Escrow

secure the continuity of your production processes By the use of partially products, outsourcing, and use of special machinery a production processes can be very complex. In today's technology driven society companies are increasingly dependent of third party knowledge. Dependence implies risks. If the risks are directly related to the core business processes it is crucial to minimize the company's exposure and that can be done through Escrow. Is your core business process dependent of software, an industrial formula or other vital know how you do not have? If so, Escrow Europe provides custom tailored solutions to have that vital information safe deposited in a way that does not harm the interests of the owner/supplier of the know how. What's more, Escrow Europe offers its longstanding experience with specialized technical services to verify the accuracy and completeness of the deposited materials, more in specific in the area of source code escrow. Finally, Escrow Europe keeps the material up-to-date during the life cycle of the product if any changes are made to the materials. Vice versa, if you are the owner or supplier of vital know how and your client rightfully requires that know how to be safeguarded and available for as long as he needs it, you can meet that requirement without exposing the confidential nature of the material and without limiting any of your proprietary rights. Deposit of material with Escrow Europe implies the transfer by Supplier or Industrial designer of ownership of a medium containing the specifications, building schemes, technical documentation and/or source code of an Industrial Design, System Software, Product or Production Process. Escrow Europe verifies the Material, holds it in deposit and under normal circumstances is not allowed to do anything with it. However, given certain circumstances occurring (article 5.1 of the Escrow Contract), Escrow Europe is entitled to release the Specifications of the Design, Product or Production Process to a Client under the provisions of an agreement.