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PLAYBOOK TEMPLATES
Partnership Agreement
A Partnership Agreement defines the rights, duties, and profit-sharing arrangements among business partners. This playbook explores governance, capital contributions, and dispute resolution.
Closing Conditions
Negotiation strategy
Ensure all conditions are clearly defined and achievable. Negotiate for walk-away rights if conditions are unmet.
Limit conditions to those that are essential and ensure they are within your control to satisfy.
Essential elements
1
Material Adverse Change
Protects against significant negative impacts.
2
Regulatory Approvals
Necessary approvals for transaction validity.
3
Third-Party Consents
Required consents from external parties.
Action framework
ACCEPT
Propose edits if conditions are too broad or vague.
EDIT
Reject if conditions are impossible to meet or overly burdensome.
ADD
Add conditions to cover unforeseen risks or gaps.
PRO TIP
Always align closing conditions with the overall risk tolerance and business objectives.
Real-world examples
FAVORABLE
Material Adverse Change
"The obligation of the Buyer to consummate the Closing is subject to the condition that there shall not have occurred any Material Adverse Change in the business, operations, financial condition, or prospects of the Seller since the date of this Agreement."
NEUTRAL
Regulatory Approvals
"All necessary governmental and regulatory approvals, consents, and clearances required to consummate the transactions contemplated by this Agreement shall have been obtained and shall be in full force and effect."
UNFAVORABLE
Overly Broad Conditions
"The Buyer may terminate the Agreement if any condition, regardless of materiality, is not met."
Alternative scenarios & positions
High-Risk Projects
In high-risk projects, ensure conditions are stringent to mitigate potential losses.
Cross-Border Transactions
Consider additional regulatory approvals and currency exchange risks.
Technology Acquisitions
Focus on IP rights and data protection compliance as key conditions.
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Unlike complex CLMs with long implementations and steep learning curves, DocJuris is built for speed and simplicity. We integrate with your workflow—whether connecting to a CLM or uploading agreements manually—so you're up and running in days, not months.
WEEK 1
CLM Readiness and Design
Our CX team works with you to understand your contracting challenges, prioritize key workflows, and identify the biggest impact areas. We build a tailored implementation plan that fits your needs.
WEEK 2
Install Module
We connect DocJuris to your contract repositories, set up admin and user accounts, and ensure your environment is ready for success.
WEEK 3
Deliver & Test
Your team builds initial playbooks, reviews existing clause libraries, and trains the DocJuris agent to align with your internal standards and negotiation positions.
WEEK 4
Launch
We support you in rolling out DocJuris to a pilot group or your full organization—with launch materials, training, and hands-on support to drive adoption from day one.
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COMPANY
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