Receiving a comprehensive understanding of fundamental concepts and issues is essential for those studying or working in technology-based companies or university technology transfer offices. These basic contract law issues serve as the building blocks for contractual relationships. Topics like privity, consideration, warranties and indemnities, limits on liability, competition law, termination, assignment, subcontracting, change of control, and dispute resolution will be covered.
Agreements which contract negotiators and TTOs are likely to encounter include assignments, confidentiality agreements, materials evaluation agreements, licenses in and out, R&D contracts, manufacturing and process development contracts, distribution and agency agreements, and terms of purchase and supply. Understanding the importance of contracts necessary for the day-to-day running of a business, such as website terms, software agreements and data transfer agreements is also crucial.
At the end of this course, you will have a much better understanding of core contract principles, navigating the diverse range of contracts as well as addressing practical considerations essential for successful contract management. The second half of the day comprises an interactive, contract negotiation role-play exercise in which attendees will get to apply what they learned in the morning session.
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