Description
Gain valuable insights and tips for crafting effective and enforceable hosting agreements.Drafting software hosting agreements can be complex and challenging. Such agreements require careful consideration of the roles and responsibilities of the parties involved, the scope and limitations of the services to be provided, the applicable laws and regulations, and the potential risks and liabilities associated with hosting software. In this presentation, we will provide practical guidance on key issues to consider when drafting software hosting agreements, including service level agreements, data security and privacy, intellectual property rights, indemnification and liability, termination and transition, and dispute resolution. We will also discuss best practices for negotiating and drafting these agreements to ensure that they accurately reflect the needs and expectations of all parties and help minimize potential disputes and legal challenges down the line. Whether you are a software vendor, a hosting provider, or a customer looking to host your software, this presentation will give you valuable insights and tips for crafting effective and enforceable hosting agreements that protect your interests and promote successful collaborations.
Date: 2023-04-12 Start Time: End Time:
Learning Objectives
Overview
Understanding the Parties and the Agreement
• Identifying the Parties Involved in the Software Hosting Agreement
• Defining Key Terms and Concepts
Scope of Services
• Defining the Scope of the Hosting Services to Be Provided
• Outlining Any Service Level Agreements (SLAs)
Responsibilities and Obligations
• Outlining the Responsibilities and Obligations of Both Parties
• Addressing Issues Such as Maintenance, Security, Backups, and Disaster Recovery
Payment and Fees
• Discussing the Payment Structure and Fees Associated With the Hosting Services
• Outlining Any Pricing Models or Payment Schedules
Term and Termination
• Outlining the Length of the Agreement and the Conditions for Termination
• Addressing Issues Such as Notice Periods and Early Termination Fees
Intellectual Property Rights
• Discussing the Ownership and Use of Intellectual Property in the Agreement
• Outlining Any Licensing or Usage Restrictions
Liability and Indemnification
• Addressing Issues of Liability and Indemnification for Both Parties
• Outlining Any Limitations of Liability and the Scope of the Indemnification Clause
Dispute Resolution and Governing Law
• Discussing the Process for Resolving Disputes Between the Parties
• Identifying the Governing Law for the Agreement
Conclusion
• Summarizing the Key Takeaways
• Questions and Answers
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Robert Scott-Scott & Scott, LLP
