Common Agreements Used by Tech and Robotic Startups

Absent of proper agreements and contracts, business tech startups in Los Angeles may find their company facing legal issues. Due to limited funds, many entrepreneurs find it difficult to hire a business startup lawyer oversee the legal end of their business operations. Our business startup attorneys understand the amount of work and effort robotic startups, developers', and programmers put into their business. Thus, our firm provide various fee and payment options for startups. It's safe to say, that many programmers and developers are concerned about protecting their business' property rights and proprietary rights for software, applications, and other programs. One of the most commonly used agreements for tech startups, robotics, developers, and programs are licensing agreements

Intellectual Property Licensing Agreements

• Licensed intellectual property provides property rights and proprietary rights for software, or any computer related intangible asset.
• What you should include in the Licensing Agreement
• License Scope: Contain sections regarding limited use and make sure you have the ultimate power and control of the license scope.
• Revenue From Your Product: Make sure you have control on the stream of revenue whether it is a one-time license fee or royalties
• Term length
• Warranties
• Rights to source code
• Support services

Important Note: Licensing Agreement should be in writing

Joint Venture Agreements in California:

• Joint Ventures Agreement is the mutual collaboration and agreement between two or more businesses.
• Important questions to consider:
• The amount of each parties contribution
• The type of work of each parties contributions
  • Specific skills or expertise
• What is the monetary distribution
• The party responsible for operations
• The term or legnth of the agreement
• Is there a planned end date? What is the procedure for termination?
• What is the process for using intellectual property outside of the venture?
• How do you plan on settling disagreements?

California Independent Contractor Agreements

• California Independent contractors are legally considered non-employee who provide a service for you or your business.
  • Such as, developers, software engineers, accountants, marketing gurus.
  • For tax purposes complete 1099-MISC forms.
  • It is recommended that the contract include terms such as expected type of work to be rendered, payment method, duration, confidentiality, attorney's fee provision, and ensure that work product is properly assigned to the company.

Technical Assistance Agreement

• A Technical Assistance Agreement dictates the process of discussing and presenting technical to a foreign national.
• Important Notes:
• If the information or "data" being discussed is proprietary and out of the commercial marketing scope then the information should be handled under Technical Assistance Agreements.
• Deliveries in association with TAA may require a separate exporting license.

• Required TAA Information Checklist
• Is your company registered with {meta.phoneFormatted}.

  Intellectual Property Licensing Agreement Video

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