PLAYBOOK TEMPLATES
Sales Agreement (Goods Supply Contract)
A Sales Agreement establishes the legal framework for the sale and supply of goods between parties, setting terms for pricing, delivery, and risk transfer. This playbook examines key negotiation points including warranties, payment terms, and remedies for breach.
General Commercial Contracts
Issue & Concept List
Scope of Work
Payment Terms
Liability and Indemnification
Intellectual Property
Confidentiality and Data Protection
Termination and Renewal
Warranties and Representations
Dispute Resolution
Force Majeure
Change Control
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What you get in this playbook
1
Scope of Work
Defines the tasks, deliverables, and timeline each party must adhere to.
2
Payment Terms
Specifies the pricing, invoicing schedule, payment methods, and late payment penalties.
3
Liability and Indemnification
Outlines each party’s liability limits and the indemnification obligations for third-party claims.
4
Intellectual Property
Allocates ownership and usage rights for all IP created or used during the relationship.
5
Confidentiality and Data Protection
Addresses the treatment of confidential information and compliance with data privacy laws.
6
Termination and Renewal
Specifies the conditions, notice periods, and consequences for contract termination or renewal.
7
Warranties and Representations
Defines the assurances each party makes about their authority, compliance, and performance.
8
Dispute Resolution
Outlines the mechanism for resolving disagreements, including governing law, venue, and processes.
9
Force Majeure
Provides relief for parties unable to perform due to unforeseen events beyond their control.
10
Change Control
Establishes processes for managing modifications to scope, timelines, or budget.
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