A Legal Guide To TECHNOLOGY TRANSACTIONS A COVID-19 Update…

Assure Sufficiency of Scope of Use................................................34 Cover Intellectual Property Rights, Ownership, and Protection....36 Allocate Risks Through Indemnification........................................38 Assure Sufficiency of Use of Third Party Software and Open Source ………………………………………………………………………… 39 Understand the Impact of Bankruptcy on Source Code ............40 Negotiate Remedies......................................................................42 Specify Term and Termination .........................................................45 Determine Limitation of Liabilities ..............................................46 Be Aware of Export Control ...........................................................47 Identify Jurisdiction and Venue .......................................................4 8 Consider Taxes ...................................................................................... 50 Determine Whether to Lease or Purchase .....................................52 Review Insurance ..........................................................................54 Comply with the Uniform Computer Information Transactions Act ........................................................................55 Negotiate Maintenance and Support ...........................................56 Consider Unique Issues for Franchised or Fragmented Business Systems .......................................................................................58 Comply with Laws and Regulations - Special Considerations for Healthcare Related Businesses .................................................. 59 Recognize the Types of Technology Related Agreements .............61 Don’t Treat the Contract as an Afterthought .................................63

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