technology contracts

Are you using technology contracts to protect your intellectual property?

Today’s ecommerce heavily depends upon intellectual property (IP) primarily consisting of patents, trademarks, and copyrights.

Whether you’re buying, selling, or licensing technology, it makes sense to protect your IP rights with a professionally prepared technology contract that’s designed to achieve your goals.

Internet Lawyer Mike Young helps clients get what they want by drafting technology contracts customized for their unique needs. Here are few examples of the types of tech agreements he can prepare for you.

Software Licensing Agreements

Whether you need an end user license agreement (EULA) for your software or a software distributor license, Mike can create one designed to protect your IP and provide you with legal remedies in case someone attempts to steal your intellectual property or a licensee quits paying for it.

Note that your tech license needs will be different depending upon how your software is being used. For example, the terms of a EULA for a mobile app will be different from those of a browser-based software as a service (Saas).

Work-for-Hire Tech Development Contracts

It’s common these days for software and other technology to be created for your business by others on an independent contractor basis.

When doing so, it’s important to put into place at the beginning a binding contract that ensures you own the intellectual property you’re paying to have created. This can included a written assignment of IP rights from your independent contractor.

The failure to put the right software development contract or other tech agreement in place beforehand can be costly after the fact.

For example, if you pay for a mobile app to be developed but don’t secure the IP rights as part of the deal, you may find that your app developer is demanding a cut of your app revenues or selling a competing version of the app you paid the developer to create for you.

It’s also important to include a comprehensive scope of work with technical specifications so that it’s clear exactly what you’re paying to be created for you. Incorporating this statement of work with tech specs into your outsourcing contract creates a blueprint that’s easy for you and your developer to follow, including milestones, payment schedules, and other key terms.

Tech Consulting and Maintenance Agreements

Information Technology (IT) consulting contracts and tech maintenance agreements are frequently needed in order to successfully grow and operate a business.

Whether you’re an IT consultant, a tech maintenance provider, or run a business that pays for such services, it’s important to put into place a professionally prepared contract that protects your rights and helps reduce the risk of misunderstandings that lead to lawsuits.

Tech Confidentiality – Nondisclosure Agreements (NDAs)

Whether you’re dealing with independent contractors, employees, prospective software distributors, or even potential buyers of your business, it’s important to prevent IP theft by using a confidentiality agreement that’s designed to reduce the risk your intellectual property will be misused.

A good written NDA can make it clear to those that you do business with that you’re serious about protecting your IP while at the same time including provisions that make it unlikely the party you’re dealing with will misappropriate your technology.

How to get Internet Lawyer Mike Young to help you protect your technology

Your first step in getting help from Mike is to set up a confidential telephone consultation with him using the law firm’s online booking system.

Author Mike Young, Esq.

Internet Lawyer Mike Young provides contracts and other efficient legal solutions to business owners and C-level executives of privately held companies. To get legal advice from Mike, click here to set up your phone consultation with him.

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