A contract is a mutual agreement between two parties where each party promises to do something in exchange for the other’s act. It sounds simple; however, a contract requires clarity, simplicity, and essential terms to ensure its enforceability, encompass fully the intended deal points between the parties, and protect the parties in the event of a contract breach.
A contract is composed of two different types of language terms: transactional terms and boiler-plate terms. The transactional elements in a contract should always take precedence over boiler-plate terms for two reasons: 1) courts favor transactional elements, and 2) as transactional elements are more closely tied to business decisions, an emphasis on such elements is critical to negotiations. We draft and negotiate for you various business contracts including but not limited to sales, purchase/vendor, landlord/tenant, work for hire, asset/business sale, end user license agreement and other technology licensing transactions.
Shaw Tech Law fully understands that sales are the life blood of any business and yet can be a hemorrhage point for your business if your liability is not contained. We also recognize the efforts you and your sales force put forth to qualify leads, fill a sales pipeline and close a deal. We understand that the lawyer should not be a door closer but rather a door opener, and should never be the reason you don’t have a customer. We draft sales contract so that:
it is easy for your customer to understand your product/service offering,
it covers the essential transactional elements necessary to encompass the deal terms the parties to the contract have agreed to,
each party clearly understands their individual contractual obligations in a concise and not overly complex manner,
it contains legal protections that safeguard your company; and finally,
it allows you to maximize the commercialization and profits of your technology offerings.