Navigating a software development agreement?
June 28, 2015 6:14 AM Subscribe
How do I mitigate risk to myself in the future as a result of damage/losses/etc incurred by purchasers of the product in the event that something like this should occur? Special snowflake details inside.
I am an independent software developer who has been approached about developing an application that runs on the cloud, and also on standalone servers. We have come to an agreement as to the basic terms including deposits, milestones, deliverable timetables, and royalties for subscriptions and standalone system sales. This is the first time I have negotiated something like this. I will be carrying Errors and Omissions insurance and will be creating an LLC - but it seems like the document itself needs to be my best protection. How do I achieve that?
I am an independent software developer who has been approached about developing an application that runs on the cloud, and also on standalone servers. We have come to an agreement as to the basic terms including deposits, milestones, deliverable timetables, and royalties for subscriptions and standalone system sales. This is the first time I have negotiated something like this. I will be carrying Errors and Omissions insurance and will be creating an LLC - but it seems like the document itself needs to be my best protection. How do I achieve that?
If you need help finding such a lawyer, ask. (I'm happy to memail a rec)
posted by alms at 9:38 PM on June 28, 2015
posted by alms at 9:38 PM on June 28, 2015
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posted by jon1270 at 6:25 AM on June 28, 2015 [6 favorites]