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Contract Terms Checklist
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Although all contracts can be somewhat different, there are certain contract terms that are among the most commonly included in business contracts.Not all of these provisions will be included in every contract, and most contracts will include additional provisions that relate specifically to their particular subject matter.The following checklist is, however, a basic and general guide as to what provisions it may be important to include, or at least consider, in the business contracts that you enter into.
Identity of the parties
Addresses of the parties Purpose(s) of the contract Underlying assumptions Contract terms
Warranties Disclaimers Limitations on liability Liquidated damages Confidentiality provision Indemnification agreement Default Arbitration clause Governing law Venue of lawsuits involving the contract Statement that contract constitutes entire agreement Severability of individual provisions Signatures of authorized signatories Notarization |
FAQs
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