��������Ƶ

How is Digital format defined in a legal contract?

• Digital format means content that is text-based or image-based, interactive, searchable, taggable, and distributable. This content can be used for individual or group learning and includes elements like video clips, animations, and virtual reality. Importantly, this digital content must be accessible at any time and from any place. Seen in 27 SEC filings.
• Digital format means any website, application, or other digital platform that is operated, owned, or overseen by a publisher or associated third party. Seen in 5 SEC filings.
• Digital format means information that has been scanned, drawn electronically, layered through a GIS (Geographical Information System), or processed through other electronic methods. Seen in 4 SEC filings.
• Digital format means the format of audiovisual recordings other than a physical configuration, typically created in a computer file format (e.g. MPEG, MV1, AVI, WMV, etc) and then distributed and sold to customers in any format, including digital transmission. Seen in 2 SEC filings.
• Digital format means computer-readable disks with information formatted in a certain way. Seen in 1 SEC filing.

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

‍

Which definition should you use?

🤔 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

• Digital format means interactive, accessible content. Created or distributed using applications, websites, or other electronic methods.

Relevant Contract Types

• Software Development Agreement
• Content Licensing Agreement
• Web Hosting Agreement
• Service Level Agreement
• Data Processing Agreement

Relevant Circumstances

• Development of a new software product or application
• Licensing of digital content for marketing use
• Hosting of digital content on a third-party platform
• Agreement on service level expectations for digital content or services

Relevant Sectors

• Technology
• Advertising
• Retail
• Education

‍

Genie Definition 2

• Digital format means computer-readable information, stored on physical or non-physical mediums and created using various file formats.

Relevant Contract Types

• Data Sharing Agreement
• Non-Disclosure Agreement
• Technology Transfer Agreement
• Intellectual Property Licensing Agreement

Relevant Circumstances

• Sharing of digital data between organizations
• Protection of confidential information in a digital format
• Transfer of technology in digital form

Relevant Sectors

• Technology
• Healthcare
• Finance
• Government

‍