What is “intellectual property escrow”?
Intellectual property escrow refers to any of several different types of transactions in which a developer of various intangible assets, or “intellectual property” (such as software, inventions, know-how, trade secrets, etc.) deposits materials representing the intellectual property with an escrow agent. The escrow agent also receives specific instructions regarding when, how, and to whom the deposit materials should be released. The beneficiary to the escrow agreement is the party that receives the deposit materials once the predefined conditions have been met.
Related Questions
- The Center is international, independent and neutral, and is assisted in its operation by advisory bodies composed of external experts in international dispute resolution and intellectual property. Which dispute-resolution procedures does the Center offer?
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