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IP Archive Services
Summary
Sometimes it is necessary or desirable to document,
define, evidence and “freeze” intellectual property,
technologies, inventions, software, works of authorship,
data, products, methods, tests, encryption keys, passwords,
and other subject matter that are referred to in settlement
agreements, arbitration judgments or other documents
or that are otherwise relevant to a dispute. Clients
can utilize EscrowTech's IP (Intellectual Property)
Archive Services for this purpose. EscrowTech serves
as a reliable neutral who holds and preserves the integrity
of archived materials that can be subsequently retrieved,
copied, examined or used to resolve future disputes
or questions. The InfoTech Dispute Resolution Center
is a division of EscrowTech International, Inc.
Details
When you draft a settlement
agreement or other contract or document that refers
to some form of intellectual property, technology, invention,
software, work of authorship, data, product, method,
test, encryption key, password or other subject matter,
how do you conclusively document or evidence it or its
content? Six months or five years later, it may be necessary
to know. What will you tell your management, client
or partners if you haven't anticipated and prepared
for this?
EscrowTech's “IP Archive”
service provides the solution. One, some, or all of
the parties place “Archive Materials” into an archive
with EscrowTech. Archive Materials may be in any form
that documents, evidences or embodies the relevant intellectual
property or other subject matter. For example, documents,
drawings, electronic databases, software (source code)
on CD ROMs, computers, samples, prototypes, etc.
The Archived Materials
are dated and securely stored by EscrowTech in the archive.
See IP Archive Facilities
for more information on storage and security. EscrowTech
ensures the integrity of the Archive Materials by prohibiting
alterations of, additions to, and deletions from the
Archived Materials. EscrowTech makes the Archive Materials
available for inspection, copying, release, or testing
as specified in the Archive Agreement. They are also
available in the event of a dispute, mediation, arbitration
or litigation.
EscrowTech is a trusted
and reliable neutral who provides dated independent
corroboration. EscrowTech has the facilities to ensure
the confidentiality and security of the Deposit Materials.
When necessary or desired by the parties, EscrowTech
can conduct technical verification, testing or other
services relevant to the archive.
The cost of the
Archive is miniscule in comparison to the cost or loss
involved if you find yourself in need of an archive
after it is too late.
Some recent examples of archives
established with EscrowTech: |
1. The parties settling
a dispute relating to a software development and license
agreement archived software (including source code),
documentation of trade secrets, and other materials
to precisely define the critical subject matter of the
agreement. Any claims of future infringement (or noninfringement)
by a party of the other party's rights can be judged
with reference to the archived materials.
2. A venture capitalist
required an archive of CD ROMs of software, invention
descriptions, and documentation from a software company
to document the intellectual property of the company
in which an investment was made.
3. Two parties archived
their respective passwords with EscrowTech.
4. The settlement of a
trade secrets case included the archive of trade secret
materials with EscrowTech.
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