Software escrow agent services
A software escrow agent can provide many different services depending on the software escrow agreement. The main service which is provided by all software escrow agents is to safeguard the source code for a software company unless the company goes bankrupt or cancels the development of the software, whereupon the source code is released to the company licensing the software.
There are other services that an escrow agent may provide as well, such as verifying that the source code provided by the software company actually matches the binary software which is being used by the licensee company. These kinds of extra services are very useful. It is advisable to search for an escrow agent which provides verification and authentication services.
Software escrow agents will charge a fee for their service, which is also stated in the contract agreement, and will vary depending on the level of service that the agent provides.