This is a software company request list for documents to be used in the due diligence review. It asks for material agreements, litigation documents, environmental materials, employment contracts, real property documents, and all other materials deemed to be necessary for the review.
Michigan Software Company Due Diligence Request List serves as a comprehensive checklist of information and documents that potential investors or buyers request from a software company based in Michigan during the due diligence process. This list helps assess the company's financial health, intellectual property rights, legal compliance, and overall viability. Here are some types or categories of due diligence requests that can be found in a Michigan Software Company Due Diligence Request List: 1. Financial Due Diligence: This category includes detailed financial statements, such as balance sheets, profit and loss statements, cash flow statements, and tax returns. It also encompasses information on revenue streams, contracts, financial forecasts, existing liabilities, debt obligations, and banking relationships. 2. Legal and Compliance Due Diligence: Legal due diligence requests focus on licenses, permits, registrations, contracts, warranties, and any ongoing or potential legal disputes or litigation. Compliance-related documents, such as data protection policies, intellectual property rights, and regulatory compliance can also be part of this category. 3. Intellectual Property Due Diligence: This category involves a thorough examination of the software company's intellectual property portfolio, including patents, trademarks, copyrights, and trade secrets. Requests may seek information on the ownership, validity, and encumbrances related to the company's intellectual property assets. 4. Human Resources and Employment Due Diligence: Comprehensive information about the company's human resources practices, including employment agreements, compensation plans, benefit programs, employment policies, and any labor-related disputes or liabilities, falls under this category. 5. Operations and IT Due Diligence: Operational due diligence requests may cover areas such as infrastructure, facilities, supply chain management, production processes, and certifications. IT due diligence involves assessing the company's IT infrastructure, cybersecurity measures, software development methodologies, data privacy policies, and disaster recovery plans. 6. Customer and Market Due Diligence: This category may include requests for customer contracts, customer lists, sales and marketing strategies, market analysis reports, competitive landscape assessments, and any market risks or opportunities. 7. Disclosure Schedules and Other Documentation: The due diligence request list may also include specific disclosure schedules that require the company to provide additional details or clarifications about the information provided. Additionally, various supporting documents like organizational charts, shareholder agreements, board minutes, insurance policies, and any relevant third-party agreements might be required. By providing the requested information and documents from each of these due diligence categories, Michigan software companies can demonstrate transparency, reliability, and compliance to potential investors or buyers, thus increasing their chances of securing investments or successfully completing a merger or acquisition.
