Mitigating Third-Party Risk in Technology Contracts: Assignments, Audits, Termination, Indemnification, Compliance
Recording of a 90-minute CLE video webinar with Q&A
This CLE webinar will guide counsel in which contract clauses in vendor agreements to consider in order to mitigate third-party risks. The panel will discuss the provisions regarding parties' rights and responsibilities, performance standards, contract value, and other key issues related to risk management.
- Vendor agreements
- Third-party risks
- Compliance with laws
- Confidentiality, privacy, and data security
- Performance and reporting
- Assignment and change in control
- Third-party risks
- Best practices
The panel will address these and other key issues:
- What is the best practice to assess and manage risk via the contract when dealing with a third party?
- What should the indemnification clause include in anticipation of third-party liabilities?
- How will compliance be addressed in the vendor contract and what is the expectation of a vendor?
- What other considerations should counsel address in a vendor agreement to mitigate risks?
Kelley Drye & Warren
Ms. Farmer’s practice focuses on board governance, mergers and acquisitions, SEC compliance, contract management,... | Read More
Ms. Farmer’s practice focuses on board governance, mergers and acquisitions, SEC compliance, contract management, complex corporate transactions, risk management and international law. She is a legal strategist with experience leading complex initiatives and navigating challenging legal matters and collaborates with multiple business units and stakeholders to develop solutions to address core challenges. Ms. Farmer has a deep understanding of operations and communicates with all levels of an organization, and actively participates in board governance which enables companies to pivot based on business needs.Close
Contract Compliance Services Manager, Audit
Mr. Gomez has extensive experience performing and managing contract compliance audits in various industries. He has... | Read More
Mr. Gomez has extensive experience performing and managing contract compliance audits in various industries. He has conducted engagements throughout the world including Japan, China, Taiwan, Hong Kong, Australia, South America, Mexico, and Canada. His engagements have included intellectual property audits, royalty audits, profit participation/distribution audits (film, music, & book), merchandising revenue audits, software asset management audits, software end-user license review, vendor audits, franchise compliance audits, construction audits, and joint venture audits. Mr. Gomez’ knowledge of the licensing and franchising industry standards has aided clients in recovery of lost revenue, royalties, and fees. His engagements have led to a significant return on investment and recovery of audit costs for his clients. Additionally, Mr. Gomez’ experience includes SOX 404 compliance, process risk assessments, controls evaluation, internal control reviews and implementation, and fraud investigations.Close
W. Michael Ryan
Partner; Chair Technology Transactions and Sourcing Practice
Kelley Drye & Warren
Mr. Ryan focuses his practice on a variety of complex transactional matters in the technology and business process... | Read More
Mr. Ryan focuses his practice on a variety of complex transactional matters in the technology and business process services marketspaces. He offers extensive experience in advising clients on technology and business process services transactions, including the development and deployment of software and infrastructure using a variety of delivery models, such as Cloud Software-as-a-Service and Infrastructure-as-a-Service. Mr. Ryan also advises on intellectual property licensing transactions, resale and distribution agreements, and mergers, acquisitions, joint ventures/strategic alliances and equity investments.Close