Mastering Software Contracts: Avoiding Paralysis in Enterprise Operations
Software serves as the backbone of modern enterprises, orchestrating critical functions. Inadequate negotiation and drafting of software contracts can lead to operational paralysis. Consequences may include excessive costs, loss of support, unexpected fees, termination challenges, upgrade pressures, and infringement liabilities.
Our course delves into legal intricacies of software licensing, drawing from the expertise of our leaders who played pivotal roles in landmark cases like NTP v. Research in Motion. Practical negotiation tactics are also discussed, empowering you to maximize leverage in your dealings.
Key Questions Addressed in the Webinar:
- Allowable usage by agents, affiliates, contractors, or outsourcers.
- Common software usage restrictions.
- Risks associated with software handling personal information and mitigation strategies.
- Drafting acceptance testing language effectively.
- Negotiating payment penalties for maintenance reinstatement.
- Essential release conditions for escrowed code/documents.
- Typical warranties disclaimed by licensors and their implications.
- Best practices for safeguarding confidential information.
- Exceptions to licensors’ indemnification obligations for IP infringement and available remedies.
- Significance of contract clauses like integration, execution in counterparts, and jointly prepared agreements.
Course Leaders:
Tyler Maddry, Partner, Hunton & Williams: Specializes in IP rights licensing and enforcement across industries including healthcare, finance, pharmaceuticals, and software.
Jeffrey L. Harvey, Partner, Hunton & Williams: Expert in global outsourcing and technology transactions, focusing on IT, sourcing, system integration, and corporate matters.
Michael A. O’Shea, Partner, Hunton & Williams: Specializes in patent litigation and licensing across diverse technologies from semiconductors to pharmaceuticals.
Course Length: Approx. 1.5 hours
Gain insights from industry experts to navigate the complexities of software contracts effectively. Don’t miss this opportunity to enhance your negotiation skills and protect your enterprise’s interests.
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