What does Harbinger do with the material in escrow after the escrow agreement is terminated?
Termination, destruction and/or return processes differ from agreement to agreement. The exact details of the process that we will follow when your escrow agreement is terminated is detailed in your agreement.
For instance: In the case of Harbinger’s standard agreement:
Harbinger will issue a Notice of Termination to all parties (the Vendor and the End-User).
The parties must confirm that they all agree with the termination
Harbinger waits for the required Notice Period (usually 30 or 60 days)
All electronic and physical lodgements are destroyed in compliance with Harbinger’s Data Destruction policy.
A digital archive is retained for 5 years from the Notice of Termination