Karl Park

Senior Director, Contracts Counsel at Karuna Therapeutics
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us****@****om
(386) 825-5501

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Experience

    • United States
    • Biotechnology
    • 100 - 200 Employee
    • Senior Director, Contracts Counsel
      • Sep 2022 - Present

    • United States
    • Biotechnology Research
    • 700 & Above Employee
    • Director / Senior Counsel
      • Mar 2019 - Sep 2022

    • Japan
    • Pharmaceutical Manufacturing
    • 700 & Above Employee
    • Attorney II
      • Sep 2009 - Mar 2019

      Negotiating various company agreements including: Master Service, Master Laboratory Service, Consulting, Confidential Disclosure, Evaluation, Material Transfer, Collaboration/In-Licensing, as well as Software Licenses with vendors and service providers focusing on limitation of liability, indemnification, warranty, proprietary rights and intellectual property clauses to ensure that company risks and liabilities are mitigated prior to execution. Drafting various amendments, change orders, and agreements based upon internal requirements. Negotiating SaaS and cloud based software licenses and service level agreements. Providing contract support for assessment, configuration, and implementation services with companies like Accenture and Deloitte. Experienced in dealing with small niche providers as well as with large, enterprise level vendors. Negotiating hosting agreements, data transfer agreements, subscriptions to databases and information feeds, as well as license renewals and terminations. Areas of focus have been in R&D IT related exercises such as in validated quality systems, app and website development, crowdsourcing platforms, supply chain management, and vendors who specialize in big data management and enhancement. Reviewing, revising, and evaluating supplier-provided agreements and project work orders for the provision of various services, products, scientific assays and studies for the Research and Development organization as well as for the Commercial, Marketing, and Procurement departments. Created agreements with language to maintain general HIPAA, PhRMA Code, and Sunshine Act compliance in light of any payments made to health care providers. Managing Legal and Procurement group’s contract databases – eCounsel, Ariba, and Emptoris. Assisting Procurement Managers in RFPs, supplier on-boarding, and providing project management support for various company and department spending initiatives and work streams.

    • Administrator | Associate
      • Jun 2000 - Jan 2009

      Created client contract, negotiation and tax files as well as client/vendor contact database. Monitored and enforced timetables for vendor performance under agreements.Documented client contracts into master schedule in regards to deadlines, terms, and payment of bonuses. Requested and negotiated amendments to terms of performance if conditions warranted.Prepared, documented and negotiated external consultant and non-compete employment agreements. Compiled and summarized industry arbitration decisions for internal reference.Researched legal issues ranging from probate to contract and tax law and advised upper management as to appropriate actions and expected outcomes or recourse.Assisted in the representation of clients in employment contract negotiation and arbitration cases based upon statistical analysis and as well as in grievance cases with Labor Associations in Canada and the US.

    • Associate
      • Jun 2000 - Jan 2009

      I provided general legal support for a myriad of issues from basic contract negotiation, licensing activities, marketing agreements, property rental and leases, employment agreements and arbitration.

Education

  • University of San Francisco School of Law
    Juris Doctor
    1996 - 1999
  • University of Maryland
    Bachelor of Arts, Political Science

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