Webcast Details

Handout Materials

Webcast Evaluation Iron Mountain Jason Mark Anderman Bio John Boruvka Bio Tim Cummins Bio Webslides Transcript

Presented by ACC's Law Department Management Committee, sponsored by IACCM and Iron Mountain.

U.S. companies spend billions of dollars a year on licensing technology. Licensees (buyers and users) often engage in technology relationships for critical day-to-day operations including manufacturing payroll, health care, customer relationship management (CRM), database, etc. However inherent to every technology license agreement is a level of risk. What if the licensor (developer or vendor) defaults on its support contract? What if they go out of business? What's more, technology licensors (suppliers, developers or vendors), often find that sales cycles are stalled as buyers vent these concerns, begging the question, why don't licensors rountinely offer customers some kind of security as part of their standard contracts? How does this risk impact your exclusive supply agreements and software/website development agreement?

Attorneys can help reduce risk for their clients, whether licensees or licensors, through a solid technology escrow agreement. This two part webcast will give you the information you need to help your clients reduce risk and will offer best practices for implementing a successful technology escrow program.

Part I-Technology Escrow Basics
During the first 30 minutes of this webcast, the speakers will provide fundamentals of technology escrow:

• Why today's information society is exposed to risk.
• What is technology escrow?
• Why do licensees (buyers/users) need it? Why does a licensor (vendor/developer) need it?

Part II-Advanced Technology Escrow
The second half of this session will cover more advanced topics including:

• What are the key issues that I can address to minimize client risk when licensing Software-as-a-Service (SaaS) applicastions?
• What are the challenges or risks surrounding off-shore development and licensing?
• What are the challenges or risks surrounding exclusive supply agreements?
• Why and what should I recommend verification of the content of an escrow deposit?
• Escrow and verification service case studies.

ACC will not seek CLE credits for this webcast

Presenters:

    John Boruvka, Vice President, IPM, Iron Mountain Digital
 
    Tim Cummins, President and Executive Director, International Association for Contract and Commercial             Management

Moderator: 

    Jason Anderman, Vice Chair of ACC's Law Department Management Committee & Corporate Counsel of               Becton, Dickinson and Company