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In this episode of the Contract Teardown Show from Law Insider, legal expert Ryan Finn analyzes a software license agreement from Vordemo. The discussion emphasizes the typical indemnification clause where the licensee expects the licensor to assume liability if a third party claims ownership of the software used by the licensee. Finn highlights that this expectation, which is fairly common in license agreements, may be viewed as reversed and potentially problematic. He aims to translate legal jargon into business language, focusing on the balance between risk and business objectives within the contract. The session seeks to demystify complex legal concepts for decision-makers.
