Information Technology Software

How is Information Technology Software defined in a legal contract?

• Information Technology Software means any form of instructions, data, sound, or image, which includes both source and object code. These are recorded in a format that a machine can read and are able to be manipulated or offer an interactive experience to a user. This can occur through a computer, an automatic data processing machine, or any other available device or equipment. Seen in 18 SEC filings.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of information technology software' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Information Technology Software means instructions, data, or visuals recorded in machine-readable form, manipulable or interactive via any device.

Relevant Contract Types

• Software Licensing Agreement
• Software Development Agreement
• End-User License Agreement (EULA)
• SaaS Agreement
• IT Services Contract

Relevant Circumstances

• When a business is purchasing or licencing new software.
• When a software is being developed specifically for a business.
• When software products are being sold to end consumers.
• When software is being provided as a digital service.
• When a business is hiring a company or contractor to provide IT services.

Relevant Sectors

• Software Development
• Information Technology Services
• Software as a Service (SaaS)
• Hardware Manufacturing
• eCommerce

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