Read chapter technology issues and product liability. Preferred directors refers collectively to the dcm director, the legend director and the sequoia director. Our goal at creative technologies is to deliver our customers with a full featured, reliable utility billing solution with worldclass service and support. This series b preferred share purchase agreement the agreement is made and entered into as of april 28, 2006 by and among thinkplus investments limited, a company organized under the laws of the cayman islands the company. Technology issues and product liability product liability. It ranks first among chinese offshore software development service providers for the north american and european markets as measured by 2010 revenues. Sample business contracts sample contracts and business. Vanceinfo, a listed company on nyse providing it services and offshore software development services, the company changed its corporate name to pactera technology international ltd. Insofar as indemnification for liabilities arising under the securities act of 1933, as amended, or the securities act. Applicability of the eu product liability directive to software 189 victim, and to property of a type intended for private use, other than the defective product itself. Supplier, establishes the basis for a multinational procurement relationship under which supplier will provide buyer the deliverables and services described in sows. Software bugs are erroneous instructions and, when computers encounter them, they do precisely what the defects instruct.
Graduates of university of oxford the names, photos, skill, job, location. Prc subsidiary means vanceinfo creative software technology ltd. Adopted pursuant to the written resolutions of all the directors and the members of the company, to be effective upon continuation of vanceinfo technologies inc. Consequently, efficenter may not have been able to recover had exact not attempted to fully exclude liability but rather had, for example, limited its obligations to replacing faulty software or limiting its liability to the invoice value of the defective software package. See who you know at vanceinfo creative software technology ltd. Hisoft delivered software development, globalization, testing, and. Apr, 2012 software liability intrinsic software user does not interact directly with the software, e. Technology liability program input your information and get a quote in 24 hours welcome to apogee insurance groups online technology liability quote form.
Clara high technology law journal by an authorized administrator of santa clara law digital commons. Creative software solutions will help by managing and administering your technology infrastructrure. Larger liability claims are more likely in the future and those claims could be more complex and international in nature, according to a report from insurer allianz global and corporate. Vanceinfo, hisoft to merge to create china outsourcing leader. Only in the last few years have small businesses and the general public used it directly. Masters degree information technology software engineering. Fill out the form to the left to recieve a technology liability quote in less than 24 hours. Hand tools, horsedrawn plows, ladders, printing presses, and steam engines laid the foundation of todays worlda world that has not been particularly benign.
Vanceinfo creative software technology limited provides information technology services. Hisoft technology international limited, a cayman islands holding company. The service areas of the company are in tech, telecom, finance, travel, manufacturing, retail and logistics. Liability of the software producer to the distributor. Design professionals mediatech offers a myriad of coverage under one policy. View yahya chaudhary, csms profile on linkedin, the worlds largest professional community. No other conference in china unites this diverse and dynamic mix in such an engaging format. Wording available in both official languages professional liability pollution liability including contractors technology based services coverage technology products coverage computer network security coverage multimedia and advertising. Should software companies be legally liable for security. Vanceinfo was delisted from nyse immediately after the merger with the group. Hisoft technology international limited was a multinational information technology and. Memorandum and articles of association of the registrant. Hurd, and peter shears,no more soft landings for software. To fully evaluate the potential risks, its important for agents and insurance carriers to understand the types of programs that are being developed.
All programs of creative technology limited software rating. Pactera technology limited formerly known as vanceinfo creative software. Vanceinfo technologies inc and smaller rival hisoft technology international ltd agreed to merge to create what they said would be the largest. Beazley canada design professionals mediatech liability. Pact, formerly hisoft technology international limited nasdaq.
European commission publishes roadmap to futureproof the eu. The company offers enterprise application services, application development and maintenance, cloud. Employment contract of senior executive worksoft creative. First, until recently, software has largely been used by experts in the computer departments of large corporations. Asset transfer agreement worksoft creative software. Vanceinfo beijing is a wholly foreign owned enterprise established under prc law and a wholly owned subsidiary of vanceinfo. In recent years, vendor liability for software security vulnerabilities has been the center of an important debate in the software community and a topic gaining government attention in legislative. An idea gives birth to a technology which comprises of creative minds ready to infuse their intellect for a software driven project. Sample business contracts sample contracts and business forms.
Shanghai institute of technology august 2007 august 2009 vanceinfo creative software technology ltd. Exclusive technical development and consulting agreement worksoft creative software technology ltd. Software testing engineer vanceinfo creative software technology limited. Software rating based on the programs usage, not on number of downloads. Pioneering the way since 1995, vanceinfo creative software technology ltd.
It should be noted that the same principles may be applicable to the. Its another that license agreements invariably make software vendors immune to liability for damage or losses caused by such flaws. Mediation, litigation, professional liability, courts, product liability, corporate law, liability. Employment contract of senior executive by vanceinfo. Shanghai pactera software technology limited pactera shanghai formerly known as shanghai vanceinfo creative software technology limited november 9, 2012 prc 100 % pactera malaysia inc. Value addition to a business is what is to be called real business creation. View ben luos profile on linkedin, the worlds largest professional community.
Are software developers liable for defects in their software. Hsft, is a global consulting and technology services provider strategically. Technology insurance general liability insurance quote. This agreement is entered into by and between the following parties on. Company will perform for microsoft, as a work made for hire, the services that are. Most software licence agreements provide that the licensor is not liable for negligence, or for any defects in the software whatsoever. Either safe technology was not available or they were poorly designed, improperly manufactured, or became worn out and dangerous to use. Technology liability apogee professional liability. Varian vee technologies veracity solutions veramark vf corporation viasat virtusa corporation visa.
View tomaz jejcics profile on linkedin, the worlds largest professional community. Law, legal, liability, cyber, software technologies. View brian wongs profile on linkedin, the worlds largest professional community. Alumni us university of oxford, oxford, united kingdom.
Unisys united technologies corporation univeristy of alabama at birmingham university of kentucky us dod us government accountability office usaa usc ust global utest, inc. Vanceinfo was the first china software development outsourcer listed on the new york stock exchange. On 12 september 2016, the european commission commission published an evaluation and fitness check roadmap for the product liability directive 85374eec as modified by directive 199934ec, pl directive roadmap in light of technological advancements regarding software. Commercial general liability does not provide coverage for programming errors, contract performance disputes, or any other. We are committed to driving improvements in information technology efficiency helping all of our customers cut billing costs return money to the bottom line. Tracing chinas it software and services industry evolution, august 2007. While this article focuses on the liability of software vendors to their licensees, an equally important issue is the liability of software vendors to third parties injured by insecure software, such as consumers whose personal information is obtained by hackers exploiting weaknesses in a vendors software. Indemnity and limitation of liability provisions in. Vanceinfo creative software technology ltd company. Full stack software developer nanda sufute technology co. Shenzhen pactera technology limited, or vanceinfo shenzhen, our whollyowned subsidiary incorporated in the prc that primarily provides it outsourcing services including consulting and packaged software services and application development, testing and maintenance services for custom applications. Its another that license agreements invariably make software vendors immune to liability for. The assets and liabilities of vanceinfo have also been included in our. Vanceinfo, through its wholly owned subsidiary, vanceinfo creative software technology ltd.
Indemnity and limitation of liability provisions in software product licensing contracts. When it is the idea to start a tech startup company in the usa. Aug 23, 2017 law, legal, liability, cyber, software technologies ieee orange county cybersecurity sig in the coming years we will see advancement in automated vehicle technologies and the roll out of such cars for consumer use. The service areas of the company are in technology, telecom, finance, insurance, energy, travel, manufacturing, retail and logistics. Our holding company, thinkplus investments limited, subsequently renamed vanceinfo technologies inc.
On november 9, 2012, in connection with the completion of the merger of equals with vanceinfo technologies inc. While most executives are now concerned about product liability, software introduces a new dimension. Creative software solutions europe limited free company information from companies house including registered office address, filing history, accounts, annual return, officers, charges, business activity. Vanceinfo technologies limited, or vanceinfo hong kong, our wholly owned subsidiary and the direct holder of a 100% equity interest in vanceinfo tianjin and shenzhen vanceinfo creative software technology limited, or vanceinfo shenzhen, is incorporated in hong kong. It ranked number one among chinesebased offshore software development service providers for the north american and european markets as measured by 2008 revenues, according to international data corporation idc. Our goal is to make a difference at every level of a. Review intended to ensure strict liability regime works effectively in light of technological change. Since earliest times mankind has created and used implements and devices to carry out the tasks of daily life.
Master services agreement and intellectual property assignment. The coach house, five oaks road, slinfold, horsham, west sussex, united kingdom, rh 0rq. Aug 06, 2015 its a truism that all software has bugs and security holes. Using his experience compiled over a series of transactions, raghunath ananthapur brings these two common contractual provisions into close focus and offers his insights into the market standard and the approaches that work best. How to start a tech company in usa as a non resident. Ben luo developer barclays investment bank linkedin. Pactera technology ltd free company information from companies house including registered office address, filing history, accounts, annual return, officers, charges, business activity skip to. Professional liability and errors and omissions exposures are extensive for most technology companies, but vary by the type of software and its intended use.
Vanceinfo reports record results for the fourth quarter. Since technology professional liability insurance is an errors and omissions coverage, it is not included in a commercial general liability policy. If the software developer is in a contractual relationship with the customer, the parties can agree to limit or exclude their liability for negligence. New technology to impact on future liability the average value of such claims is in excess of. Its a truism that all software has bugs and security holes. Dedicated to the incubation and development of software technology companies and new products for the highly competitive automotive retail space through product engineering, venture capital and intelligent design. This liability towards the injured consumer may not be contractually excluded or limited. Vanceinfo successfully listed on nyse,is the leading chinabased provider of it outsourcing services to asia pacific, north american and european clients as well as multinationals in china. The form of underwriting agreement filed as exhibit 1. Pactera technology ltd overview free company information. This base agreement base agreement dated as of 200409 effective date, between international business machine china company limited buyer and worksoft creative software ltd. Fc028971 first uk establishment opened on 6 april 2009. Software, particularly poor quality software, can cause products to do strange and even terrifying things. View nan mengs profile on linkedin, the worlds largest professional community.
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