Form representations and warranties as to intellectual property (IP) matters for use in a stock purchase or merger agreement involving a private company. This document includes comprehensive IP representations and warranties drafted in favor of the buyer covering the target company's ownership and use of IP, IP licenses, and third-party infringement claims. It also includes basic representations and warranties covering the target company's information technology (IT) systems and privacy and data security matters. These Standard Clauses have integrated drafting notes with important explanations and drafting tips.