The “General Provisions”, “Miscellaneous Provisions” and “Additional Terms” sections of contracts are often overlooked as basic legal boilerplate that is either (i) not relevant to the core nature of the deal, or (ii) “standard” and thus either not important or non-negotiable. In fact, however, many of these “boilerplate” provisions can actually be – for one reason or another – some of the post important provisions in the entire agreement, and they should be carefully considered before you sign on the dotted line. This article discusses some of the potential impacts of these types of common contractual provisions.
Yes, You Need to Read the “Miscellaneous Provisions” in Your Contract
Posted by lkpetrolino under LegalFrom http://www.365daysofstartups.com 4823 days ago
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