Usual Agreements That Technology Companies Use For A Business Transaction

You are truly a business when you can sell or provide a service to a paying customer.

Otherwise, it's just a hobby.

Having said that, getting into a technology business means that it is full of technical specifications, jargon and market behaviours that may not be available in other industries.

Problem is, that not all software developers, engineers or even UI designers are trained in the art of securing a sale or speaking the business lingo.

Whereas not every Ali Muthu and Ah Chong can understand the language (in some cases behaviours haha) of tech aficionados and experts.

This is where lawyers come in.

We help to fill the language gap by ensuring that the technology provider party providing the services or products is clear with the requirement of the customer and the customer is clear in terms of the payment milestone, representation and warranty given by the service providers.

In other words tech lawyers assist to manage the expectation of both sides in a clear, transparent and understandable format accessible to both parties.

Us tech lawyers have a few arsenals in our sleeves.

Among these would be the usual agreements, terms and principles to govern the relationship.

Here are among the list of agreements that are relevant to technology companies business or to customers who would like to hire one;

1. Software License Agreement

2. Software Support and Maintenance

3. Software Development Agreement

4. Software Escrow Agreement

5. Equipment Purchase Agreement

6. Equipment Support and Maintenance Agreement

7. System Integration Agreement

8. Service Bureau Agreement

9. Consultancy Service Agreement

10. Disaster Backup Agreement

11. Deed of Guarantee of Performance

12. Employee Deed of Confidentiality

13. Facilities Managament Agreement

14. Standard Customer Order Form for Services and Software License

15. Outsourcing Service Agreement

16. Term Supply Agreement

17. Website Development and Maintenance Agreement

18. Teaming Agreement

19. Multimedia Development Agreement

20. Turnkey System Agreement

21. Website Privacy Statement

22. Intelectual Property Policy Statement

23. Terms of Use Statement

If you want to understand more of how each of these agreements work or how it can be applicable in your technology development arrangement, hit me up by clicking the contact button.

Would be happy to discuss with you further.

Tags:

• Business

• Technology

• Startups

• Technology, Media and Data

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