Page 8 - GL_Staff Manual and Procedures

OUR CONTRACT REVIEW PROCESS

1 READ ENTIRE CONTRACT FROM START TO FINISH

» Identify unclear, one-sided, or contradictory language.

» Take notes on any questionable items.

» Use a Text to Speech reader Online to read the contract
while following along.
2

CONFIRM ACCURACY OF BASIC DETAILS

» Names and addresses of parties. Check client notes to confirm goals are achieved.

» Formatting: title page; pagination; numbering of articles and clauses, spelling, grammar.

3 CLARIFY

» Avoid vambiguous terms such as reasonable, undue delay, substantially, and properly.

» Clarify vague or ambiguous clauses.

VERIFY KEY SECTIONS AND TERMS 4

» Opening Paragraph, Recitals, Contract Duration, Renewal Status, Specific Goods or Services;
Cost Payment Terms, Responsibilities and Rights of Parties, Non-Compete Terms,
Non-disclosure terms, Termination Clause and Notice of Termination.

5 USE CONTRACT MATRIX CHECKLIST TO CONFIRM THAT

ALL NECESSARY TERMS AND SECTIONS ARE INCLUDED.