The document discusses several legal issues that can arise for technology companies, including: 1) Pre-employment stock award agreements may be unenforceable if promises are too uncertain or contradict merger clauses. 2) Company boards must adequately shop deals and confirm price superiority to avoid claims of inadequate protections for shareholders. 3) Revenue recognition rules for software sales must follow GAAP to avoid fraud convictions. 4) Recent laws provide specific rules to ensure enforceability of restrictive covenants in employment and sales contracts.