Privacy Policy - AI Contract Review

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

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Commercial

Performance Guarantee

📖 3 min read

This clause promises that goods or services will meet a certain standard or specification. If they don't, the supplier must fix it, replace it, or refund your money. This is a safety net because sellers are legally responsible for delivering what the

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Commercial

Delivery Milestones

📖 3 min read

This clause sets specific dates when the other party must deliver goods or complete work. If they miss a deadline, you have the right to cancel the contract or claim compensation. This matters because without clear dates, a supplier could delay indef

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Commercial

Acceptance Criteria

📖 3 min read

This clause lists the exact tests or conditions that must be met before you have to pay for or accept a deliverable. For example, a software contract might say "the system is accepted only when it passes all 47 automated tests and processes 1,000 tra

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Commercial

SLA Measurement Period

📖 3 min read

An SLA (Service Level Agreement) is a promise about how well a service will work—like "99.9% uptime" for a website. The measurement period is how often this gets checked: daily, monthly, or yearly. This matters because measuring monthly instead of da

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Commercial

Service Credit Mechanism

📖 3 min read

This clause says the supplier will give you money back (a "credit") if they fail to meet their promises—for example, if a cloud hosting company's servers are down more than 1% of the time, they owe you a refund. Service credits are a practical altern

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Commercial

Benchmarking Clause

📖 3 min read

This clause says that prices or performance will be compared against market rates or competitors' offerings to make sure they're fair. For example, a software company might agree that its annual fee won't be more than 10% higher than what three simil

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Commercial

Scope Creep Protection

📖 3 min read

This clause defines exactly what work the other party must do—and what they don't have to do. Without it, a client can keep asking for "just one more thing" and the supplier must either do it for free or face a dispute about what was promised. For ex

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Termination

Material Breach Definition

📖 3 min read

A fair rule about how either side can end the contract. Both sides get notice and a chance to fix problems. This clause is called "Material Breach Definition".

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Termination

Accrued Rights

📖 3 min read

A fair rule about how either side can end the contract. Both sides get notice and a chance to fix problems. This clause is called "Accrued Rights".

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Termination

Wind-Down Period

📖 3 min read

A fair rule about how either side can end the contract. Both sides get notice and a chance to fix problems. This clause is called "Wind-Down Period".

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