[Legal Review] Comprehensive Collaboration Agreement for Technology Development

Article posted in 2020-10-22 16:56:36 | VEAT

The freelance developer, Mr. Kim, was in the process of finalizing a comprehensive collaboration agreement with Company B to jointly conduct research and development work. In response, Mr. Kim consulted with Veat Law Firm for legal review of the Company B comprehensive collaboration agreement. 

Veat Law Firm had specified that the comprehensive collaboration agreement did not clearly define the specific contract period or termination date, instead stating ‘to maintain the contract until the agreed-upon period.’ We advised clients to clearly specify the date. In addition, we reviewed the vague wording within the comprehensive collaboration agreement regarding payments and other matters, providing review opinions after clarifying the language.

If you need a review of a technology development contract, please contact Veat Law Firm.

Thank you.
Veat Law Firm