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Key Considerations for Business Continuity and Disaster Recovery Provisions | Morgan Lewis - Tech & Sourcing

Key Considerations for Business Continuity and Disaster Recovery Provisions | Morgan Lewis - Tech & Sourcing
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Practical Tips for Amending Complex Commercial Contracts | Morgan Lewis - Tech & Sourcing

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Changes to complex commercial contracts are inevitable. These contracts, such as large outsourcing agreements, typically include a master services agreement (MSA) and a high number of exhibits and attachments describing the scope, performance standards, financials, and other contractual requirements in detail. Some deals can end up containing over 50–75 documents (or more!) in total. Given their strategic importance, these agreements often require numerous amendments as the relationship evolves over time and changes need to be formally documented.
With the sheer number of contract documents and amendments, a sound governance practice is to establish a strong amendment process that helps organize and keep track of the changing documents so that anyone “picking up” the contract at a future date can accurately follow the history and be confident they have the latest version of every document. ....

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Key Considerations for Application Purchase Agreements (Part 1) | Morgan Lewis - Tech & Sourcing

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The purchase of applications (or apps) is a comprehensive arrangement that includes the transfer of a variety of rights and assets, including intellectual property (IP) rights, software, human resources, equipment, and infrastructure, as well as the transfer of related contracts, accounts, and data. In this Contract Corner, we highlight key considerations for developing an application purchase agreement.
Acquisition Strategy
In order to develop a successful acquisition strategy, it is key to understand the “essence” of the application that the buyer intends to purchase, i.e., the most valuable part of the application. For example, it could be proprietary software that forms the core of the product, a top-notch development team, or a great user base. ....

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Service Locations and Remote Work Following COVID-19 | Morgan Lewis - Tech & Sourcing

In a March 2020
LawFlash, we highlighted that restrictions on service delivery locations and remote work could become key issues during the pandemic. Remote work was one of our
five key issues in outsourcing and managed services in a follow-up article in June 2020. Our experience has since proven both articles to be correct. This Contract Corner will review the specific provisions that need to be reviewed based on continued remote work arrangements.
SERVICE DELIVERY LOCATIONS
Service agreements (including templates) may specify service delivery locations from which the supplier is permitted to provide the services, or at which certain levels of personnel must be maintained. Those agreements frequently provide that no service provision is permitted if not from specified services locations, except by waiver or amendment. The length of time in which the remote work model has been adopted and will likely continue at least in some form renders this approach unsustaina ....

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