Technologic Contracts

Technologic Contracts

1. Technologic contracts become a technological relationship, in which rights and obligations are created, transmitted, modified or extinguished to trade technologic objects

2. Software Contracts

   • Commercial software: software bought in stores with an established contract form that can’t be modified
     • Shrink Wrap
     • Browse Wrap
     • Click Wrap
   • Customized and specialist software: computer programs and platforms created specifically to meet the needs and specific processes of an organization
     • Contract to supply Software maintenance services
     • Contract to supply Software implementation services
     • Contract to supply Software development services
     • Contract to grant a license for using the specialized and customized software

3. Hardware Contracts

   • Are more easy to define given that there is a tangible object to trade
     • Contract of sale
     • Contract of test and purchase
     • Contract of lease
     • Contract of financial lease

4. Licensing

   • Licensing is one of the must common mechanism used to transfer technology
     • The element of property to be licensed
     • The entity to whom the property is being licensed
     • The geographic extent of the license
     • The commercial extent of the license
     • The duration

5. Licensing Agreement

   • The license can be granted by an agreement, but terms can vary widely
     • Payment
     • Territory
     • Term
     • Revocability
     • Transferability
     • Exclusivity

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