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Contract redline summary

@dealdesk/contract-redline-summary

Compare two versions of a contract (or one redline with insert and delete markup) clause by clause. Lists every change sorted by risk topic (liability, indemnity, termination, renewal, IP, data, payment) with the numbers that moved, then explains each in plain English with a suggested response. Not legal advice.

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  1. 11. Definitions
  2. 2"Services" means the hosted software and support described in an Order Form.
  3. 3
  4. 42. Fees and Payment
  5. 5Customer will pay all undisputed fees within 60 days of the invoice date.
  6. 6
  7. 73. Term and Renewal
  8. 8Each Order Form renews automatically for successive 12 month terms unless either party gives notice of non-renewal at least 30 days before the end of the current term. Renewal prices will not increase by more than 3%.
  9. 9
  10. 104. Termination
  11. 11Either party may terminate for material breach not cured within 30 days of written notice. Customer may terminate for convenience on 90 days written notice.
  12. 135. Limitation of Liability
  13. 14Each party's aggregate liability is capped at two times the fees paid in the 12 months before the claim. Neither party is liable for indirect or consequential damages, except for breaches of Section 6 or data protection obligations, which are uncapped.
  14. 166. Confidentiality
  15. 17Each party will protect the other's confidential information with reasonable care.
  16. 197. Governing Law
  17. 20This agreement is governed by the laws of the State of New York.
  18. 228. Insurance
  19. 23Provider will maintain cyber liability insurance of at least $5,000,000.