Karl Park

Karl Park Email and Phone Number

Senior Director, Contracts Management and Compliance @ Seaport Therapeutics
Boston, MA, US
Karl Park's Location
Greater Boston, United States, United States
About Karl Park

I provide pragmatic legal and business solutions for a wide array of clients, internal and external, who wish to engage a biotech/pharma company in the purchase and provision of services or products. Through thorough observation of the overall situation, investigation into the exact nature of the engagement, communication between all parties involved, and consensus building among stakeholders, I identify, draft, and negotiate agreements that are appropriate to the transaction. This process could be just a few emails being exchanged or a series of meetings and conference calls to gather enough information to ascertain the overall value and risk to the company. In the end, understanding both party’s intent and end goals are just as important as executing the correct agreement and results in a beneficial relationship for all.My influence can be felt across the company as I review and negotiate contracts with clients ranging from R&D, IT, Corporate Communications, Marketing, Facilities, Human Resources, Global Medical Affairs and Commercial Operations just to name a few. Over time I have built relationships with company leaders who continually come to me for advice on how to approach situations that involve their partners. They in turn have told others about my abilities and sound approach in handling complex and often delicate situations. While turnover inevitably happens in the company, department leaders are quite confident knowing that I will be able to assist anyone new to their working group. This type of relationship is also evident among the various suppliers that we engage on a frequent basis. I will often become an important link that the supplier has to the company in answering their questions about status of contracts, invoices, extensions of their project terms and the like. In many ways, I’m a sounding board for advice to my clients who are often not at all experienced in handling day-to-day business transactions with external parties. My goal is for them to focus on what matters most, the science.

Karl Park's Current Company Details
Seaport Therapeutics

Seaport Therapeutics

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Senior Director, Contracts Management and Compliance
Boston, MA, US
Karl Park Work Experience Details
  • Seaport Therapeutics
    Senior Director, Contracts Management And Compliance
    Seaport Therapeutics
    Boston, Ma, Us
  • Karuna Therapeutics
    Senior Director, Contracts Counsel
    Karuna Therapeutics Sep 2022 - Present
    Boston, Massachusetts, Us
  • Alnylam Pharmaceuticals
    Director / Senior Counsel
    Alnylam Pharmaceuticals Mar 2019 - Sep 2022
    Cambridge, Massachusetts, Us
  • Takeda
    Attorney Ii
    Takeda Sep 2009 - Mar 2019
    Tokyo, Jp
    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.
  • The Orr Hockey Group
    Administrator | Associate
    The Orr Hockey Group 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.
  • The Orr Hockey Group
    Associate
    The Orr Hockey Group 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.

Karl Park Education Details

  • University Of Maryland
    University Of Maryland
    Political Science
  • University Of San Francisco School Of Law
    University Of San Francisco School Of Law
    Juris Doctor

Frequently Asked Questions about Karl Park

What company does Karl Park work for?

Karl Park works for Seaport Therapeutics

What is Karl Park's role at the current company?

Karl Park's current role is Senior Director, Contracts Management and Compliance.

What schools did Karl Park attend?

Karl Park attended University Of Maryland, University Of San Francisco School Of Law.

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