What law governs and where would litigation take place? Is there an indemnification provision? What is covered? Are there liquidated damages set forth in the contract? Can the contract be terminated for other reasons that may be applicable?
If termination is being executed under the condition “for cause,” there would need to be proof that one party failed to perform the duties set forth in the contract. One example would be if the contract clearly states a timeline and the independent contractor is repeatedly not meeting timelin...
Ways to Terminate a Contract Legally terminating a contract can be completed through the following options: Use the termination clause that exists in most long-term or auto-renewing contracts. The clause will state the exact steps that need to be taken when the contract is terminated, including ...
"neither Party could prevent and … an experienced contractor would have judged at the Contract Date to have such a small chance of occurring that it would have been unreasonable to have allowed for it", the Project Manager "gives an instruction … stating how the event is to...
2. Negotiating contract terms and KPIs out of line with daily operations “Things turned out to be quite different in practice” It often becomes clear, as soon as the contract management phase starts, that the framework has been based on how the negotiators expected the operation would run at...
Certain steps may be taken to improve the process of contract management. The management process usually involves numerous departments, employees, platforms, and systems and generally lacks collaboration. Without a well-managed and efficient “all-in-one” system, the process loses traction. A lack ...
For example, you could hire someone to design a new website for your business. The contract would lay out what platform the website would be on, when the design would be delivered, when the website would go live, the price for the website, and any responsibilities you’d have, like ...
Encouraging your Strategic Supplier to Deliver During the Termination and Exit Process What to Consider When Planning an Exit from a Terminated Contract Getting out of a relationship is as much of a project as is getting in, but with potentially more operational and financial risks, and as such...
According to the 2024 Influencer Marketing Report, 71% of influencers offer discounts for multiple-post partnerships, while another 25% would consider it in the future. If you’re courting a new brand ambassador, here are some tweaks you’ll want to make to their contract: Use the scope of...
Columbia has yet to come to an agreement with the Trump administration to restore the funding, said Shipman, who assumed the role of acting President last month. She said the university “would reject any agreement that would require us to relinquish our independence and autonomy,” as well ...