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| Question 1: What is the contract name? | |
| Question 2: Who are the parties that signed the contract? | |
| Question 3: What is the agreement date of the contract? | |
| Question 4: What is the date when the contract is effective? | |
| Question 5: What date will the contract's initial term expire? | |
| Question 6: What is the renewal term after the initial term expires? | |
| Question 7: What is the notice period required to terminate renewal? | |
| Question 8: Which state/country's law governs the interpretation of the contract? | |
| Question 9: What happens if a third party gets better terms in the contract? | |
| Question 10: What is the restriction on the ability of a party to compete with the counterparty? | |
| Question 11: Is there an exclusive dealing commitment with the counterparty? | |
| Question 12: Is a party restricted from contracting or soliciting customers? | |
| Question 13: What are the competitive restriction exceptions in the contract? | |
| Question 14: Is there a restriction on a party’s soliciting or hiring employees? | |
| Question 15: Is there a requirement on a party not to disparage the counterparty? | |
| Question 16: Can a party terminate this contract without cause? | |
| Question 17: What are the terms granting for right of first refusal, first offer, or negotiation? | |
| Question 18: What are the terms about right of termination? | |
| Question 19: Is consent or notice required of a party if the contract is assigned to a third party? | |
| Question 20: What are the terms for revenue and profit sharing? | |
| Question 21: What are the restrictions to raise or reduce prices of technology, goods, or services provided? | |
| Question 22: Is there a minimum order size or minimum amount or units per-time period? | |
| Question 23: What are the volume restrictions if one party’s use of the product/services exceeds certain threshold? | |
| Question 24: What are the terms about intellectual property created by one party? | |
| Question 25: What terms are related to joint IP ownership? | |
| Question 26: Does the contract contain a license granted by one party to its counterparty? | |
| Question 27: Does the contract limit the ability of a party to transfer the license being granted to a third party? | |
| Question 28: Does the contract contain a license grant by affiliates of the licensor? | |
| Question 29: Does the contract contain a license grant to a licensee? | |
| Question 30: Is there a clause granting one party an “enterprise,” “all you can eat” or unlimited usage license? | |
| Question 31: Does the contract contain a license grant that is irrevocable or perpetual? | |
| Question 32: Is one party required to deposit its source code into escrow with a third party? | |
| Question 33: Is a party subject to obligations after the termination or expiration of a contract? | |
| Question 34: Does a party have the right to audit the books, records, or physical locations of the counterparty? | |
| Question 35: Is a party’s liability uncapped upon the breach of its obligation in the contract? | |
| Question 36: Does the contract include a cap on liability upon the breach of a party’s obligation? | |
| Question 37: What clauses would either award either party liquidated damages for breach? | |
| Question 38: What is the duration of any warranty against defects or errors in technology, products, or services? | |
| Question 39: What are the requirements for insurance that must be maintained? | |
| Question 40: What sections describe the covenant not to sue? | |
| Question 41: What clauses relate to third-party beneficiaries? | |