Technologic Contracts

Technologic Contracts

1. In a changing global market, intangible assets create strong competitive advantages.

   • Technologic contracts
     • they become a technological relationship, in which rights and obligations are created, transmitted, modified or extinguished to commercialize technological objects
       • the technologic contracts are clasified in:
         • Software contracts
         • Hardware contracts
   • Software contract
     • Commercial software:
       • Shrink Wrap
         • Click Wrap
           • Browse Wrap
       • software bought in stores with an established contract form that can’t be modified:
   • Hardware contract
     • Hardware contracts are more easy to define given that there is a tangible object to trade
       • The following are the most common contracts:
         • Contract of sale
         • Contract of test and purchase
         • Contract of lease
         • Contract of financial lease
   • Licensing
     • Licensing is one of the must common mechanism used to transfer technology
       • the scope of a license in a technology negotiation, the following elements are necessary:
         • 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
   • Licensing agreement
     • Depending on the bargaining power of the parties and the technology involved
       • the license can be granted by an agreement,
         • terms can vary widely according to the following elements:
           • exclusivity
             • transferability
               • revocability
                 • territory
                   • payment
                     • term