IT Vendor Contracts Checklist for M&A Due Diligence
Otto Hanson, Founder & CEO, Termscout & Screens
Otto Hanson, Founder & CEO, Termscout & Screens
ABOUT THIS SCREEN
Designed For:
Analyzing the critical technology vendor contracts of a target company in the context of an M&A transaction.
Purpose:
This Screen was developed from a list of issues flagged by top M&A attorneys as the top clauses to look for in the target company’s agreements with technology vendors. It covers issues such as assignment, publicity rights, non-competes, non-solicits, data rights, limits on liability, and IP infringement.
Limitations, Assumptions, Details:
This Screen was validated against a sample of 27 vendor contracts and produced a 100% accuracy rate. This screen should be used with a lawyer, not in replacement of a lawyer. Neither Screens nor any screen author is or will provide you with legal advice. AI accuracy rates vary based on several factors so always double-check all AI predictions
ABOUT THE AUTHOR
Otto Hanson
Otto is the co-founder and CEO of TermScout and Screens. TermScout has a team of contract prompt engineers that can create and validate screens for clients based on their existing playbooks or templates. Prior to getting into legal tech, he practiced law at Davis Graham and Stubbs LLP in Denver, Colorado, primarily in the field of technology transactions.
Interested in working with us? Get in touch at sales@screens.ai or sales@termscout.com