Define: New Technology
New Technology means any invention, discovery, improvement, innovation or enhancement to software, made available after an agreed effective date
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
New Technology means any invention, discovery, improvement, innovation or enhancement to software, made available after an agreed effective date.
Relevant Circumstances
- Introduction of a new software product.
- Enhancement or upgrade to an existing product line.
- Licensing of software improvements and innovations to a third party.