Privacy Policy - AI Contract Review

Clear explanations of 500+ contract clauses, written in plain English for businesses and individuals.

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Liability

Defense and Settlement

📖 3 min read

This clause controls who gets to decide how to handle a legal dispute and who pays for lawyers. Typically, it says one party (often the insurance company or the party being sued) can choose how to defend the case and settle it for money without askin

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Liability

Notice of Claim

📖 3 min read

This clause requires one party to tell the other party quickly if something goes wrong and a legal claim might happen. For example, if you're injured on someone's property, you must notify them within a set timeframe (often 30 days). This matters bec

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Liability

Limitation Period

📖 3 min read

This clause sets a time limit on how long either party can sue the other after a breach occurs—for example, "any claim must be brought within 12 months of the breach, or it's barred forever." It matters because without a time limit, you could face a

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Liability

Consequential Damage Waiver

📖 3 min read

This clause says that neither party will claim compensation for indirect losses caused by the other party's failure—things like lost profits, lost business opportunities, or damage to your reputation. For example, if a software vendor's system crashe

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Commercial

Exit Management

📖 3 min read

This clause sets the rules for how either party can end the contract before it naturally expires, including notice periods, penalties, and what happens to ongoing obligations. For example, it might say "either party can exit with 90 days' written not

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Commercial

Disengagement Plan

📖 3 min read

This clause describes how the contract will end smoothly when both parties agree it's time to stop working together. It covers practical details like returning files, transferring customer data, finishing incomplete work, and the timeline for winding

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Commercial

Escalation Procedure

📖 3 min read

This clause sets out a step-by-step process for handling disagreements before either party takes legal action or ends the contract. Typically it requires you to notify the other party in writing, then meet with managers, then directors, before involv

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Commercial

Governance Committee

📖 3 min read

This clause creates a regular meeting (usually monthly or quarterly) between representatives from both parties to discuss how the contract is working, resolve disputes, and make decisions about the relationship. For example, a committee might include

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Commercial

Change Control

📖 3 min read

This clause sets out a formal process that both parties must follow whenever either one wants to change something in the contract—whether that's the scope of work, pricing, delivery dates, or other terms. Without this clause, disputes often arise abo

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Commercial

Capacity Reservation

📖 3 min read

This clause requires the other party to keep a certain amount of their resources, staff, or inventory available exclusively for you, even if you don't use it. For example, a manufacturer might reserve 20% of their production line for your orders. You

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