It is important for counsel to understand the components of a software license agreement, what provisions must be included and how a negotiated license can impact a company. Software license agreements may seem simple at first glance, but drafting appropriate provisions to meet your client company’s needs and requirements and negotiating these types of agreements effectively can be a difficult process to navigate. They come in many different forms, and most standard software license agreements are drafted heavily in favor of the supplier of the software. These agreements can also include a number of provisions besides the software license, such as those covering maintenance and support, customization and implementation and other IT professional services, and hosting and service levels. Join Matt Karlyn and Aaron Tantleff of Foley & Lardner LLP as they discuss key provisions, including risks associated with software license agreements and tips for successfully negotiating these types of agreements.