A computer software is an intellectual property created by a software developer. It is protected under the Copyright Act, 1957, where the rights and duties of the owners are specified. Typically, the rights associated with a software lie with the developer who creates it. The developer is entitled to transfer any or more of his rights to a third party by way of agreement.
Software development is a process in which a developer creates a computer software using his programming skills and knowledge according to the specifications mentioned by the company.
A software Development Contract is an agreement entered into between a company and a software developer where the company mentions their concepts and requirements. The developer then goes on to create the software based on the time limits specified by the company. Â
Such contracts are usually essential in software companies where developers are hired for creating computer softwares for both commercial and private use. It therefore becomes essential to demarcate the extent of rights of both developers and the companies with regard to the software.
A software development contract usually contains the following details-
A well drafted Software Development Contract safeguards the interests of both the company and the developer and avoids ambiguities in the complex world of Intellectual Property Rights.
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