Important clauses in an agreement Agreement review checklist for standard clauses 1. Effective date and background/recitals 2. Definitions 3.

Consideration 4. Intellectual property 5. Confidentiality 6. Indemnity 7. Liability 8. Warranty and representation 9. Term and termination 10.Governing law and jurisdiction 11.Schedules Agreement review checklist for some basic agreements (in addition to standard clauses) 1. License: a. License terms b. Obligations of licensor and licensee c. Limitations on licensee. 2. Assignment deed: a. Assignee obligations. 3. Employment agreement: a. Terms of employment b. Non competition c. Post employment obligations. 4. Services agreement: a. Terms of services. 5. Confidentiality agreements: a. Obligations of recipient b. Return of confidential information 6. EULA or website terms of use: a. License grant b. User obligations and limitations c. Licensor rights 7. Distribution agreements: a. Rights and obligations b. Advertising and branding c. Non competition and non solicitation 8. Privacy Policy(standard clauses are not required here): a. Collection of information b. Use of information c. Cookies d. Security and confidentiality e. Disclosure of information/information sharing f. Links to third party websites

g. Collection of information from minors h. Choice of Law i. Contact information. Others 1. Formatting 2. Grammar 3. Spelling 4. Punctuation marks 5. Ensuring defined terms are written as it is and used uniformly in agreement 6. Numbering of clauses