Software Escrow and Technology Escrow Fees

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Frequently Asked Questions

Additional information about our fees 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 and 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 and one of our consultants will be happy to discuss a custom plan that meets your needs.