Sec. 172.004. COMMERCIAL AGREEMENT. An arbitration or conciliation agreement is commercial if it arises out of a relationship of a commercial nature, including: (1) a transaction for the supply or exchange of goods or services; (2) a distribution agreement; (3) a commercial representation or agency; (4) an exploitation agreement or concession; (5) a joint venture or other related form of industrial or business cooperation; (6) the carriage of goods or passengers by air, sea, rail, or road; (7) a relationship involving: (A) construction; (B) insurance; (C) licensing; (D) factoring; (E) leasing; (F) consulting; (G) engineering; (H) financing; (I) banking; (J) professional services; or (K) intellectual or industrial property, including trademarks, patents, copyrights, and software programs; or (8) the transfer of data or technology. Added by Acts 1989, 71st Leg., ch. 109, Sec. 1, eff. Sept. 1, 1989. Redesignated from Vernon's Ann.Civ.St. art. 249-4 and amended by Acts 1995, 74th Leg., ch. 588, Sec. 1, eff. Sept. 1, 1995. Amended by Acts 1997, 75th Leg., ch. 165, Sec. 5.02, eff. Sept. 1, 1997.