Contract clause library

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Option clause: Copy, customize, and use instantly

Grants one party the right, but not the obligation, to take specific actions under certain conditions.

Requires data to be stored and processed within a specific geographic region or jurisdiction.

Sets a maximum (cap) and minimum (floor) limit on pricing for goods or services.

Guarantees timely and consistent delivery of goods or services.

Excuses performance delays or failures due to unforeseen events.

Guarantees the availability of goods, services, or systems.

Specifies the terms for supplying goods in large quantities.

Sets pricing based on a specified base year, with adjustments made for inflation or other factors.

Limits the amount of damages one party can be held liable for under the agreement.

Outlines the fees payable to an agent for their services in facilitating a transaction or agreement.