Drafting Engineering Contracts

Agile Drafting of IT-Outsourcing Contracts

The concept of ‘agility’ has become quite popular in the development of IT-artefacts and has created interest in the more general project management literature. The process of drafting complex contracts for large IT projects (service as well as software) is often done under time pressure and in several parallel tracks using different competencies. By the use of an illustrative case-study, this ...

Drafting.

Composing Contracts: An Adventure in Financial Engineering

Drafting with Sequences

The numbers on the inner circle are those that exist in the modular arithmetic. If we continue beyond 7, as shown in the outer ring, the numbers wrap around the wheel. Numbers on the same spoke are equivalent. For example, 0 and 8 are equivalent, 1 and 9 are equivalent, 2 and 10 are equivalent, and so on. Another way to look at it is that when 9 is introduced into modular arithmetic with 8 shaf...

Drafting Indemnification Clauses

A typical indemnification clause requires the indemnitor to “indemnify and hold the indemnitee harmless.” It might also require the indemnitor to “defend” the indemnitee. While most legal authorities agree that the obligation to defend is different from the obligations to indemnify and hold harmless, many regard the promises to indemnify and hold harmless as synonymous, suggesting that either b...