Create a comprehensive checklist for reviewing contracts before signing
Generate a contract review checklist for the following agreement:
Contract Type: {{CONTRACT_TYPE}}
Your Role: {{YOUR_ROLE}}
Contract Value: {{CONTRACT_VALUE}}
Key Concerns: {{KEY_CONCERNS}}
Industry: {{INDUSTRY}}
Create a detailed review checklist covering:
1. BASIC INFORMATION VERIFICATION
- [ ] Correct party names and legal entities
- [ ] Accurate addresses and contact information
- [ ] Proper authority to sign
- [ ] Correct effective date
- [ ] Complete recitals/background
2. SCOPE AND DELIVERABLES
- [ ] Clear description of obligations
- [ ] Specific deliverables defined
- [ ] Acceptance criteria established
- [ ] Timeline and milestones
- [ ] Change process defined
3. FINANCIAL TERMS
- [ ] Price/fee clearly stated
- [ ] Payment schedule defined
- [ ] Late payment consequences
- [ ] Expense reimbursement terms
- [ ] Price adjustment provisions
- [ ] Audit rights
4. TERM AND TERMINATION
- [ ] Start and end dates
- [ ] Renewal provisions
- [ ] Termination rights (both parties)
- [ ] Notice requirements
- [ ] Termination consequences
- [ ] Survival clauses
5. RISK ALLOCATION
- [ ] Liability caps appropriate
- [ ] Consequential damages addressed
- [ ] Indemnification balanced
- [ ] Insurance requirements reasonable
- [ ] Force majeure included
6. INTELLECTUAL PROPERTY
- [ ] Ownership clearly defined
- [ ] License scope appropriate
- [ ] Background IP protected
- [ ] IP indemnification included
7. CONFIDENTIALITY
- [ ] Scope of confidential information
- [ ] Permitted disclosures
- [ ] Duration of obligations
- [ ] Return/destruction requirements
8. REPRESENTATIONS AND WARRANTIES
- [ ] Warranties reasonable
- [ ] Disclaimer language
- [ ] Remedies defined
- [ ] Warranty period
9. COMPLIANCE AND REGULATORY
- [ ] Applicable law compliance
- [ ] Industry regulations
- [ ] Data protection/privacy
- [ ] Export controls
10. DISPUTE RESOLUTION
- [ ] Governing law specified
- [ ] Dispute mechanism chosen
- [ ] Venue/jurisdiction
- [ ] Attorney's fees provision
11. GENERAL PROVISIONS
- [ ] Entire agreement clause
- [ ] Amendment requirements
- [ ] Assignment restrictions
- [ ] Severability
- [ ] Waiver provisions
- [ ] Notice procedures
12. RED FLAGS TO WATCH
- [ ] Unlimited liability exposure
- [ ] One-sided indemnification
- [ ] Automatic renewals
- [ ] Broad IP assignments
- [ ] Onerous termination restrictions
Provide specific guidance for {{INDUSTRY}} contract considerations.Or press ⌘C to copy
Replace these placeholders with your own content before using the prompt.
[{CONTRACT_TYPE][{YOUR_ROLE][{CONTRACT_VALUE][{KEY_CONCERNS][{INDUSTRY]