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The Mifos Initiative

Update Template Technical Assistance and Consulting Agreements

Summary:

Assist a global fintech nonprofit with updating template Technical Assistance and Consulting Agreements.

Referred by:

Jurisdiction(s): U.S.
About the Organization: The Mifos Initiative is a global fintech non-profit that gives poor and underbanked individuals access to financial resources.
Legal Entity Type: Nonprofit/Charity
SDG(s): Decent Work and Economic Growth
Legal Issue(s):

Mifos has template technical assistance and consulting agreements that were drafted by a Lex Mundi member firm. Since these agreements were drafted, Mifos has moved from providing simple training and custom development services to providing more complex services including L3 support for their solution and open-source software. They are seeking assistance reviewing and updating these agreements to reflect the new services provided. Importantly, Mifos wants to ensure the limitation of liability language provides sufficient coverage and that any contributions to the software made by or on behalf of customers go back upstream to the open-source codebase.