In the November 15, 2013 issue of The Lawyers Weekly, Davis LLP's Chris Bennett emphasizes the importance of thoroughly examining the fine print in technology licence agreements.
To illustrate what's at stake, Chris outlines the key apsects in various types of common boilerplate clauses and the risk protection they offer. Clauses discussed include governing law and courts clauses, assignment and sublicensing clauses, enurement clauses, force majeure clauses, non-waiver clauses, integration clauses, notice clauses, severability clauses and further assurance clauses.
"Initially, they seem fairly standard and non-controversial, but on closer inspection it's clear they can significantly affect the parties' rights and remedies, and how the agreement is applied and interpreted," he cautions.
Chris is the head of Davis LLP's Technology Law Group and a regular contributor to The Lawyers Weekly.
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