What you are agreeing to.
WHAT TO READ CAREFULLY
What is supplied, precisely Price, and how it may change Payment terms Delivery obligations Quality standards and acceptance Warranty Liability and its limits Termination What happens to your data or materials Renewal provisions
WHAT TO WATCH FOR
Automatic renewal with long notice periods Price escalation without limit Liability excluded entirely Termination rights that are one-sided Minimum commitments
WHY AUTOMATIC RENEWAL MATTERS
Missing a notice window commits you for another full term.
WHAT TO DO ABOUT IT
Calendar the notice date, not the expiry date.
WHAT ACCEPTANCE PROVISIONS DO
Define when you are deemed to have accepted.
WHY THAT MATTERS
After acceptance, remedies narrow.
WHAT TO NEGOTIATE
A reasonable period to inspect.
WHAT TO CHECK ABOUT LIABILITY
What they accept responsibility for.
WHAT SUPPLIERS TYPICALLY EXCLUDE
Consequential loss, which is frequently the real damage.
WHAT TO SEEK
Liability at least equal to the value of the contract.
WHAT TO ESTABLISH ABOUT TERMINATION
What notice you must give Whether you may terminate for convenience What you owe on termination
WHAT TO ADDRESS ABOUT YOUR DATA
Return or deletion at the end.
WHAT TO KEEP
The executed agreement, findable.
WHAT TO HAVE REVIEWED
Anything of significant value or duration.
