Name | Description |
|---|
Agreement Title | The given title of the contract |
Audit Rights | Designates if the contract grants any party the right to audit any other party to the contract. |
Commencement Date | The start date of the contract term, if different from the effective date. If the commencement date refers to outside information, like a go-live date, it displays as "TBD". |
Data Security Breach Notification | Designates if the contract specifically states whether, in the event of a breach of data security (generally regarding customer information or PII) by one party, whether such party must send generic notification to other parties or notification that complies with particular laws. |
Dispute Resolution | Designates if the contract includes an arbitration requirement. |
Effective Date | The date the contract goes into effect |
Exclusivity/Not Granted | Indicates that one party to the contract does not grant exclusivity to the other. |
Exclusivity/Required | Indicates that one party to the contract requires exclusivity from the other. |
Governing Law | The state or foreign law that the governs the contract |
Indemnification Provision | Designates, if the contract includes indemnification provisions, whether they are unilaterally or mutually binding. |
Non-Solicitation Period | How long after expiration or termination of the contract that parties are restricted from soliciting employees or contractors from other parties to the contract. |
Notice Address | If a notice clause is provided, this provides the address to which such text directs. If no notice clause is provided, this captures any address that may be listed for a party. |
Notice Field | This describes how legal notices must be delivered to be valid. |
Original Expiration Date | The expiration date of the initial term of the contract |
Parties | The contracting parties to the contract, normalized by entity for differences in punctuation, variations, and subsidiaries, as well as the other (non-party) entities named in the agreement. |
Pricing/Billing Frequency | Defines the interval at which the paying party will render payment to the party providing goods or services. |
Pricing/Payment Model | Designates whether services shall be provided on a Fixed, Retainer, or Time & Materials basis. |
Pricing/Payment Terms | Defines how long, in days, the contract states payment is due after invoice delivery. If the value is "Other," the text is displayed as the value. |
Related Master Agreement Name | The given title of the related agreement title that is directly referenced in the contract. |
Renewal Limit | The number of times a contract can renew for the stated renewal period. |
Renewal Notice | The real-time date to provide notice by, or the duration of time required for notice to, exercise an option-to-renew. This may be either (i) an exact calculated date, (ii) X days/weeks/months/years listed as a duration, (iii) at any time, or (iv) upon written notice |
Renewal Period | The length of time of subsequent renewal periods after the initial term. |
Renewal Type | The renewal provision that applies to the term of the contract. This may be auto-renew, option-to-renew, perpetual, or fixed. |
Signatures | This determines that a contract has either been signed by all required parties (Signed) or not signed by one or more required parties (Not Signed). |
Termination Notice | The real-time date required to provide notice by to halt an auto-renewal or the amount of duration required for notice of termination for convenience to be effective. This may be either (i) an exact calculated date, (ii) X days/weeks/months/years listed as a duration, (iii) at any time, (iv) upon written notice, or (v) upon mutual agreement. |
Total Contract Value | What the contract states as the total price for the services, supplies, deliverables, etc. |