In case contractors needed confirmation that the words in a contract delay clause have the power to darken or brighten their thoughts and moods, here it is. Chicago researchers have found a link ...
Plan sponsors should ask for indemnification clauses when they enter into contracts with service providers and retirement plan advisers, experts say. Indemnification clauses are promises by the ...
Contracts cannot last forever. To ensure that the rights and obligations created by contracts are drawn to a proper conclusion, parties often give contracts a definite expiration date or make them ...
Pay-if-paid clauses are conditional payment provisions commonly included in construction subcontracts. The intent of a pay-if-paid clause is to shift the risk of loss from the prime contractor to its ...
Because data is essential in today’s economy, many contracts signed by businesses address the parties’ rights and responsibilities for data. Contracts commonly restrict the use of the data to only ...
The only clause that is required in all contracts is the correct identification of the College: The College shall be identified as The Trustees of Smith College in all agreements and contracts.
A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.
Contracts are an undeniably important part of protecting both yourself as the business owner or entrepreneur and your client. They set clear expectations for both parties, keeping everyone on the same ...
In the home-buying process, buyers and sellers should negotiate to write contingencies into their contract to mitigate risk. For example, sellers may want to condition their obligation to sell on ...
The general rule in Georgia is that each party must pay its own legal fees incurred in litigation. Although Georgia has several statutory “loser pays” rules, the circumstances necessary to recover ...
Here are five surprising, sneaky or shocking contract clauses bands should look out for, with Nonexister's Marco Neeser, who has studied law and earned a PhD for his doctoral thesis about artist ...