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PLAYBOOK TEMPLATES
Asset Purchase Agreement
An Asset Purchase Agreement governs the sale and transfer of specific business assets, detailing what is included, excluded, and how liabilities are handled. This playbook walks through due diligence, valuation considerations, and risk allocation terms essential for a clean transaction.
Scope of Work
Negotiation strategy
Ensure that the scope of work is detailed and aligns with the company's strategic objectives. Insist on clear deliverables and performance criteria to avoid scope creep.
Negotiate for flexibility in deliverables and timelines to accommodate potential changes. Ensure that the scope is feasible and aligns with available resources.
Essential elements
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Obligations
Duties each party must perform.
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Deliverables
Items to be delivered under contract.
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Performance Criteria
Standards deliverables must meet.
Action framework
ACCEPT
Propose edits when deliverables or timelines are unclear or misaligned with objectives.
EDIT
Reject if the scope is too vague or imposes unreasonable obligations.
ADD
Add new language if additional deliverables or performance metrics are needed.
PRO TIP
Always cross-reference the scope with the Schedule of Work to ensure consistency and clarity.
Real-world examples
FAVORABLE
Comprehensive Scope of Work
"The deliverables under this Agreement shall be clearly defined and listed in the Schedule of Work."
NEUTRAL
Basic Scope Outline
"The parties agree to perform their respective obligations as outlined."
UNFAVORABLE
Vague Scope Description
"The parties will work together to achieve project goals."
Alternative scenarios & positions
High-Risk Projects
In high-risk projects, ensure the scope includes detailed risk management strategies and contingency plans.
Long-Term Contracts
For long-term contracts, include provisions for periodic review and adjustment of the scope to adapt to changing circumstances.
Complex Deliverables
If deliverables involve multiple phases, ensure detailed mapping of dependencies and phased deliverables.
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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
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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
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