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If a penalty wasnt included in the original SLA, the customer may be able to terminate the agreement penalty-free due to breach of contract. Most service providers understand the need for service level agreements with their partners and customers. But creating one might feel daunting, like you dont know where to start or what to include. In this article, were … Read More

I dont think it should be abandoned, she said. Its quite a range of products that go into China and we wouldnt want to put that in jeopardy, even though right now a lot of them are clearly part of the trade moves by China. ChAFTA also means that 95% of Chinese goods imported into Australia will be duty-free after … Read More

If you are unable to purchase the equipment at the end of the lease period, the lessor will simply take back the equipment which means all that money you spent towards acquiring the equipment will go to waste; the money will be forfeited and go towards the lessor. Make sure that before you get into an option to purchase agreement, … Read More

Know-how does not always refer to secret information. Sometimes it means a particular kind of technical knowledge that may not be confidential but that is needed to accomplish a task. For example, an employees know-how may be necessary to train other employees in how to make or use an invention. Although know-how is a combination of secret and nonsecret information, … Read More

3. Can the developer really sign an NDA? Professional freelance developers obviously spend most time coding, but a lot of time is spent finding new clients. They are speaking with entrepreneurs all day long, and if they have to sign an NDA before speaking to each one, it is highly likely they will infringe on someone’s NDA because ideas are … Read More