ConTraps Part III – Contract Traps Entrepreneurs Should Avoid At All Costs
InfoChachkie
MAY 19, 2011
Guard against a preclusion that would deny you from utilizing the IP developed during the course of executing the agreement. Craft terms which ensure you will not beholden to the BDC with respect to your ability to subsequently deploy and profit from jointly developed technology. Do Not Execute an Ambiguous Statement of Work.
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