3. Buy-Sell Language
Provisions for Death or Divorce
Different Classes of Units
“Profits Interest” Language
Valuation Formula
Deadlock Provision
Operating Agreement Must Haves
5. Technology Assignment Agreement
or Exclusive License
• Broad as possible
• Terms should be worldwide, right,
title or interest to company and
forever (perpetual)
• Confidentiality
• Ability to get injunctive relief
• Strong Reps and Warranties
Working with a
Technical Co-Founder?
6. Development, Consulting or Work Made
for Hire Agreements
Work Made for Hire but Cover Your Bases
Master Agreement with SOW Attached
Reps and Warranties, Indemnity, Insurance
Non-Disclosure Agreements
Outsourcing Your Development?
7. To Non-Compete or Not to
Non-Compete
Proprietary Rights
Agreements
In-House Development?
9. Actively Protect It
Trademarks
Patents
Trade Secret Protection
IP Identification And Storage
Product Traklight at www.traklight.com
Safeguard Your IP