The Importance of Escrow Agreements in Software and Technology License Agreements
Julie Machal-Fulks, Texas Lawyer, 6/6/16
Some of their most integral software applications businesses use are under another party’s control. When each party is upholding its end of the licensing bargain, these relationships can be long-lasting and useful. But, in some instances, the licensee can no longer access software on which it relies because the licensor is unable or unwilling to continue ensuring meaningful access.