Why Not to Use “License” Agreements for Software-as-a-Service (SaaS) Deals
This article has been updated with a new one: “Don’t grant a license to SaaS, AIaaS, or Other Cloud Services.” Many software-as-a-service (SaaS) contracts grant a “license” to the vendor’s software. That’s a mistake. Licenses authorize making copies of on-premise software. Customers don’t copy SaaS, so they don’t need a license. And if you’re the […]
LAST CHANCE to Register for Indemnities Webinar
Don’t miss your chance to register for Indemnities in Technology & Other Commercial Contracts. The webinar is on Tuesday, April 4th at 10:00 AM PT and runs for 90 minutes, with Q&A. Scheduling conflict? The recording will be available afterward for a limited time. (Details below). Presented by David Tollen, attorney, founder of Tech Contracts Academy® […]
FREE LinkedIn Live with David Tollen THIS WEEK
This Thursday, March 30, join David Tollen’s LinkedIn Live conversation about the 4 misunderstood types of tech deals: on-premise software, IT professional services, SaaS and other cloud services, and non-tech offerings delivered through IT. It aims to clear away confusion and flag issues unique to each type of deal. This free session is a great […]
Learn How to Draft and Negotiate Contracts with More Confidence
Writing and negotiating software and cloud computing contracts can be slow, risky, and intimidating, and few professionals receive effective formal training. We built Tech Contracts Academy® to bring confidence and expertise to you and to your deals. And next month brings our next training offerings. On April 4th, in Indemnities in Technology & Other Commercial Contracts we’ll do […]
There is no such thing as a mutual indemnity
Tech contracts use indemnities to address third party lawsuits. The indemnitor promises to defend a lawsuit against the indemnified party and to pay any judgments. (Those terms imply that the indemnitor will pay for settlements too — and many contracts make that explicit.) Given that structure, a “mutual indemnity” makes no sense. [We’ll discuss this […]
FREE LinkedIn Live THIS MONTH
On March 30, join David Tollen’s short LinkedIn Live conversation about the 4 misunderstood types of tech deals: on-premise software, IT professional services, SaaS and other cloud services, and non-tech offerings delivered through IT. It aims to clear away confusion and flag issues unique to each type of deal. This free session is a great […]
NEXT MONTH: Master Classes + Webinar
The month starts off with our April 4th webinar, Indemnities in Technology & Other Commercial Contracts, where we will do a deep dive on this often misunderstood topic. And April 18th, our next Tech Contracts Master Class series begins. Four online classes, two hours each, taking place on Tuesdays over the course of 5 weeks […]
Insurance companies give nuclear indemnities; tech vendors should not
This is what I call a nuclear indemnity: “Vendor shall indemnify Customer against any third party claim arising out of or related to Vendor’s breach of this Agreement.” It’s nuclear because it destroys all in its path. It’s not limited to a type of claim, like IP, data breach, or personal injury. Tech vendors should […]
Spring Training with Tech Contracts Academy
Spring is right around the corner, and with it comes Tech Contracts Academy’s next trainings. On April 4th, join our 1.5 hour webinar, Indemnities in Technology & Other Commercial Contracts. We will demystify indemnities against third party claims, an often misunderstood, heavily negotiated topic in many types of commercial contracts. And, starting April 18th, we […]
NEW WEBINAR: Indemnities in Commercial Contracts
We’re happy to announce that registration for our latest training opportunity is now available: Indemnities in Technology & Other Commercial Contracts is a 90-minute webinar that will focus on indemnities against third-party claims. The program is April 4th, at 10:30 PDT, and the recording will be available for a limited time. We hope you will […]