[Consulting] Review of English contract (Software supply contract and maintenance contract)

IT solutions providers are SI companies that, due to their business characteristics, provide various types of software and hardware to other companies and draft software development supply contracts or software maintenance contracts. In order to record the rights and obligations of both parties in these contracts, an understanding of the hardware or software, the development target system, and the business environment in which that system operates is necessary.

Law firm Veat reviewed an English software supply contract for Company A, which provides IT solutions overseas and also carries out maintenance for them. Law firm Veat modified the contract as favorably as possible for Company A to ensure that Company A, the supplier, does not bear unnecessary additional obligations in the IT solution development and maintenance process, and utilized English contract expressions that could minimize the possibility of contingent liabilities that Company A could incur, while also considering the special nature of legal English.

Thank you.

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