Work in the IT sector is directly related to the conclusion of contracts between customers and performers.
Contracts in the IT sector have their own specifics and features that must be taken into account in order to protect yourself from undesirable consequences, such as: non-receipt or delay in payment for services provided, lawsuits, etc.
When developing a custom-made computer program, software, database, website or web application, the issue of concluding a Contract for the provision of relevant services with the customer becomes relevant.
It should be noted that customers of IT services can be both Ukrainian and foreign companies, and therefore, the conclusion of each contract must be approached individually, taking into account all circumstances.
Also, given the military aggression of the Russian Federation against Ukraine, the usual contracts concluded in the IT sector require additional attention.
Here is a list of typical issues that are usually discussed by the parties when concluding IT contracts:
- In what language should the contract be drafted?
- How to correctly describe the subject of the Contract?
- What rights and obligations of each party should be included in the contract?
- In what currency should the payments be made?
- How is the acceptance and transfer of services carried out?
- What is the peculiarity of the FORCE MAJEURE section, given the military actions and the martial law introduced in the territory of Ukraine?
- What are the requirements for a non-disclosure agreement (NDA)?
- Is it necessary to sign an NDA agreement offered by the other party?
- What are the typical penalties and their permissible amount?
- How to correctly write out the responsibility of the parties in order to be able to defend their rights in case of their violation?
- According to the legislation of which country will the contract be regulated and interpreted?
- How to correctly exchange documents between the parties?
- What additional things need to be agreed and signed when concluding a contract?
- What are the features of concluding an agreement with foreign entities?
Lex-Consulting’s many years of experience in the development, negotiation and signing of agreements in the IT sector will help you at any stage of your work.