How to review Product and Software license agreements from a business perspective? At Zacco, we have experts who can review these legal requirements for you and assess the impact on your business operations.
Product and software licensing agreements are legally binding contracts, which include terms and conditions for purchase or lease of product and software licensing agreement. This is the agreement that sets the rights and limitations that will affect your business both commercially and legally. Lack of knowledge of these rights and limitations might affect your utilisation of the product and your business.
TechLaw is our business
Throughout the Product and Software licensing review, we assess the terms applicable for your operations. Normally, the Product and Software agreements consist of the following sections: scope of the agreement, deliverables, prices and payment, intellectual property rights (IPR), breach, remedies for breach, liability and the duration of the agreement. All of these sections are important for your business.
We address and consider these terms for you – such as description of deliverables, including implementation terms, price and payment terms and duration. For example, we consider how payment terms and term of the agreement affect your business. If there is an End-user agreement included in the Product and Software licensing agreement, we can review and advise on these as well. Does the product contain Open Source Software? If so, we can help you assess any potential consequences and operational risks.
Zacco’s TechLaw lawyers have extensive experience, and we can help to ensure that the product acquired is both adequate and meets your legal requirements. Contact us today!