Key Terms Review
- Review liability caps and indemnification clauses
- Check IP ownership and licensing terms
- Verify termination rights and notice periods
- Confirm data handling and security requirements
- Review pricing, payment terms, and escalation clauses
Risk Assessment
- Identify unlimited liability exposure
- Flag unfavorable governing law provisions
- Note auto-renewal and price increase terms
- Document missing standard protections
Compliance Check
- Verify GDPR/privacy compliance terms
- Check security certifications required
- Confirm audit rights included
- Review breach notification requirements
Negotiation Points
- List must-have changes before signing
- Document nice-to-have improvements
- Prepare alternative language for key issues