Confirm the parties, objective, payment terms, responsibilities, termination rights, dispute mechanism and incorporated documents.
Understand the commitment before signing
Start with the parties, their authority and the real commercial objective. Review the scope, price, performance dates and what constitutes a breach before focusing on wording alone.
Review payment, exit and dispute terms
Check that payment, variation, termination, governing law, jurisdiction, dispute procedure and incorporated documents are clear and workable.
Do not rely on informal assurances
If there is a side agreement, amendment or approval, confirm how it must be documented and who has authority to approve it for each party.
A quick preparation checklist
A note of caution
This information is general and does not replace legal advice. Do not send highly sensitive or time-critical information until the firm confirms the appropriate channel.
Discuss the matter with the team