Technology & Designs Escrow

Frequently Asked Questions

• What is IP escrow?

  
• IP escrow is a service that allows businesses to store critical software designs and development materials with a third-party escrow agent like Codekeeper. This can include source code, application design documents, system specifications, and other important materials that are critical to the development and operation of a software application or technology.

• Why do I need IP escrow?

  
• IP escrow is important because it provides a secure and reliable backup of critical development materials in case they are lost, damaged, or otherwise become inaccessible. This is particularly important in cases where a third-party developer or vendor is responsible for the design and development of a software application or technology. By using IP escrow, businesses can ensure that they have access to the necessary development materials in case the original developer is unable to provide them.

• What are the benefits of IP escrow?

  
• • Protection of intellectual property: IP escrow ensures that critical development materials are securely stored and protected, reducing the risk of theft or unauthorized use.
  • Business continuity: By ensuring that critical development materials are always accessible, businesses can maintain continuity of operations even in the event of unexpected disruptions.
  • Risk mitigation: IP escrow helps to mitigate the risk of vendor lock-in and other issues that can arise when working with third-party developers.

• What types of materials can be deposited into IP escrow?

  
• IP escrow can be used to store a wide range of development materials, including source code, application design documents, system specifications, API documentation, and other materials that are critical to the development and operation of a software application or technology..

• How much does IP escrow cost?

  
• Pricing starts from $99 per month. For more details, you can explore our pricing options here.

• What are the supported integrations?

  
• We support over 50 popular developer platforms and integrations. You can view the list of available integrations here.

• How do I get started with IP escrow?

  
• To get started with IP escrow, you can book a demo with one of our experts or directly explore our pricing options here.

What happens to my escrowed materials if Codekeeper goes out of business?



Codekeeper has contingency plans in place to ensure that your escrowed materials remain accessible even in the event that our business is no longer operational.

What is the difference between IP escrow and source code escrow?



IP escrow is focused on storing valuable intellectual property that may include patents, trademarks, copyrights, trade secrets, and other forms of intellectual property that are critical to the operations of a business. Source code escrow, on the other hand, is a service that allows businesses to store the source code for their software applications, which is the set of instructions that developers use to create software applications, and it is often considered a valuable asset for businesses that rely on proprietary software.

How secure are the stored assets?



We operate within the ISO27001 security framework and our data centers have multiple certifications to ensure the highest level of security. Deposited assets are encrypted using AES256, ensuring the safety and confidentiality of your software assets.

Can I transfer my existing IP escrow agreement to Codekeeper?



Absolutely! We are here to support your needs and will make sure your pre-existing agreement is up to date and implement any additional changes needed during the transfer stage.

Does Codekeeper have access to the content that’s deposited under escrow?



No. To ensure complete security and guarantee full integrity, the deposited materials are encrypted and stored in an automated process.

What are some examples of IP escrow release conditions?



Examples of IP escrow release conditions may include bankruptcy, non-performance, sale or transfer of ownership, legal proceedings, and change in control. The specific conditions will depend on the terms of the IP escrow agreement between the owner of the documents and Codekeeper.

What happens in the event of a release?



Once the release conditions are met, the necessary assets will be made available to the beneficiary.

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If you have any other questions or need a custom solution, please feel free to contact our Customer Service team for assistance by sending an email to contact@codekeeper.co.