Software-Related
Agreements: What They All Have in Common
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ere is a list of elements that we recommend be included in each of the three types of agreements discussed in this publication.
• Fees and Payment: Clear description of fees and payment terms, including:
•Description of how and when you will be invoiced • When undisputed invoices are due • Provisions for late or early payment • Provisions for handling invoice disputes
Best Practices in Licensing Agreements ILTA Report
• Confidentiality: Confidentiality clause that protects each party’s confidential information
• Defined Terms: A list of terms used in the agreement and their definitions
• Term and Termination: This section of the agreement should include a description of the term of the agreement, and termination provisions that explain the following: