Software as a Service (SaaS) is a licensing and delivery model where software is licensed on a subscription basis, is centrally hosted, and is made available via the internet (you do not need to download it). This cheatsheet will explain your SaaS contract fundamentals.
SaaS agreements should be comprehensive and set out liability and obligations for both parties. Failing to include or properly define a crucial clause can have serious legal implications for your business’ risk, reputation and commercial relationships.
If you need legal assistance for your SaaS business, create a new request to get in touch with our experienced lawyers.