Cloud Contracts Masterclass

This masterclass provides a guide for what lawyers or contract managers need to consider when negotiating a deal for their organizations’ ‘Cloud’ or drafting a cloud contract.

This is a practical masterclass where participants will analyze and compare Tand Cs taken from cloud service providers

At the end of this training, participants will:

• Understand Cloud technology and services
• Understand Cloud Contracts and identify the issues behind key cloud computing contract clauses
• Know the benefits and risks of Cloud Services
• Be able to negotiate and draft better cloud computing contracts

Outline:

• Introduction the Cloud
• Legal Implications of Cloud Computing Technology
• Components of a cloud contract
• Type of contractual arrangement. - ‘service’, ‘license’, ‘lease’
• Relevant clauses to address in Cloud Computing Contracts:
• Cloud Service Level Agreements and the ISO/IEC 19086-1:2016
• SaaS Escrows
• Cloud/SaaS Subscriptions
• Auditing – Statement on Auditing Standards (SAS) No. 70, commonly known as an SAS 70 audit
• Amendment of Online Terms/ Modification to the contract terms
• Data Security Clauses
• Limitation on the use or reuse of the data clauses/GDPR
• Intellectual Property Indemnities
• Data Breach Indemnities
• Representations and Warranties
• Limitation of liability and damages
• Term and renewal of the contract