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Writer's pictureAkmal Saufi MK

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.


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NOTICE

The contents of this publication, current at the date of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.

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