Ivanti recognizes that there may be some added uncertainty brought about by Brexit regarding contractual arrangements between Ivanti UK Limited and its European Union (“EU”) based customers. Ivanti is providing this statement to share its view of the impact, if any, of Brexit on the governing law and jurisdiction clauses of Ivanti’s contracts with its EU-based customers and s assurance to all such customers that Brexit will have a minimal effect on the contractual arrangements in place with Ivanti UK Limited. Additionally, Ivanti regularly monitors the situation and will provide updates as the situation develops.
GOVERNING LAW
Ivanti has decided to continue to use English law to govern the majority of its contractual relationships with customers outside the Americas and for the reasons set out below, it regards the impact of Brexit on English contract law as minimal.
Ivanti recognizes that a limited number of its customers, for policy reasons, consider that it is necessary to contract under the law of a member of the EU. If requested, Ivanti can accept a move from English law to Irish law to accommodate this in circumstances where a customer’s internal policies mandate this.
JURISDICTION
Ivanti recognizes that that there is, in the short term, some reduced certainty around enforcement of decisions of English courts across the EU. Therefore, whilst Ivanti will retain a disputes clause in its contracts that grants exclusive jurisdiction to English courts, it is open to considering a disputes clause that grants exclusive jurisdiction to Irish courts.
RELEVANT CONSIDERATIONS
Ivanti has made its determinations based on the following: