How is IT Software defined in a legal contract?
- IT Software means any form of data, image, sound and instructions, that include source code and object code, which are stored in a machine-readable format. This can be manipulated or arranged to provide interactivity when used with automatic data processing machines. Seen in 10 SEC filings.
- IT Software means any software that provides IT-related infrastructure for an enterprise that isn't used directly to provide commercial products or services to their customers or related to its development. Seen in 4 SEC filings.
- IT Software means computer programs in both source and object code form. This includes functional and programming specifications, ideas, principles, flow charts, logic diagrams, algorithms and coding, along with any relevant manuals or documentation. Seen in 1 SEC filing.
- IT Software means any computer programs in both source and object code form that are used by the [organization]. Seen in 1 SEC filing.
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.
Genie Definition 1
IT Software means data, images, and sounds within machine-readable formats manipulated by automatic data processing machines.
Relevant Contract Types
Relevant Circumstances
- Purchasing or licensing software
- Developing custom software
- Distributing software to end users
Relevant Sectors
Genie Definition 2
IT Software means computer programs, including source and object code, used for providing IT-related infrastructure.
Relevant Contract Types
Relevant Circumstances
- Providing IT services to companies
- Selling subscription-based software services
Relevant Sectors
Genie Definition 3
IT Software means programming specifications, principles, flow charts, logic diagrams, and related manuals or documentation.
Relevant Contract Types
Relevant Circumstances
- Consulting on software development projects
- Providing technical services related to software
Relevant Sectors
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IT Software means data, images, and sounds within machine-readable formats manipulated by automatic data processing machines
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