Software Escrow Costs and Technology Escrow Fees
At EscrowTech, we offer customizable and flexible agreements to meet the unique needs of our clients. We ensure full transparency regarding all fees. For your convenience, we lock in all software escrow service costs for three years, making budgeting easier. The annual fee includes unlimited updates for added peace of mind.
Below are the base costs for our software and source code escrow services:
Overview
SB
Single Beneficiary Escrow Agreement
MB-SP
Multiple Beneficiary – Separated Products
MB-SE
Multiple Beneficiary – Separate Escrows
MB-Min-SP
Multiple Beneficiary – Minimum Service – Separated Products
Setup Fee
$995
$995
$995
$995
Annual Fee
$1595/yr
$1390/yr
$2495/yr
Additional Software Product Fee
$795/yr
$1095/yr
Beneficiary Fee
$295/yr
$1595/yr
Unlimited Deposits
Electronic Deposit Submission
Two-site Storage
Physical Inspection of Deposit
Comprehensive Administration
Online Account Management
To Owner Only
Deposit Confirmation
To Owner & Beneficiary
To Owner & Beneficiary
To Owner & Beneficiary
To Owner Only
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Frequently Asked Questions
Additional information about software escrow pricing and optional fees
UPDATES
Unlimited updates are included within the annual fee.
FEES LOCKED FOR 3 YEARS
Predictable, fair and no unpleasant surprises.
VAULT SPACE
Fees include two cubic ft. for storage of Deposit Materials. If more space is needed, then the “Excess Storage Charge” is $70 per year per cubic ft. in excess of two cubic ft.
RELEASE FEES
$250 per release to a Beneficiary.
ALTERNATIVE FEES
*The alternative fees shown above for MB escrow is intended to give an Owner the option of having the fees paid by the Beneficiaries. For the Owner, this is a “no fee” approach to the escrow (except for the Excess Update Fees and Excess Storage Charges, if any). An escrow requires two or more Beneficiaries to be eligible for this alternative pricing.
GUARANTEE
During the first year of your first escrow, if you are not satisfied for any reason, you may terminate the escrow, EscrowTech will fully refund the escrow cost paid by you.
INVOICING
SB – The annual fee can be invoiced to the software vendor or beneficiary.
MB-SP – The Annual Fee and Extra Product Fee will be invoiced to Owner. Beneficiary Fee can be invoiced to Owner or Beneficiary.
MB-SE – The annual fee can be invoiced to either party.
OPTIONAL FILE LISTING FEE
The File Listing will include file listings for up to four deposits a year for $595 annually.
CUSTOMIZATION
If the above does not seem to fit your needs, please contact us. One of our consultants will be happy to discuss a custom plan that meets your needs.