Reviewing Contract Key Terms and Conditions:Improving Contract Terms, Mitigating Risks, and Eliminating Ambiguities

Contract Lifecycle

Understanding Contract English

Uncertainty in Contract Language

Low Risk vs High Risk Contract Layout

Reviewing Core Commercial Terms

Identifying Sources of Risk

Breach of Contract

Day 1 Review and Recap

Day 2 Agenda

Contract Remedies

Risk Allocation and Mitigation

Anticipating Changes

Other Risk Transfer Strategies

The “Reasonable Efforts” Standard

Materiality and“Material Adverse Changes”

General Conventions

Day 2 Review and Recap

Further Reading• A Manual of Style for Contract Drafting, Ken Adams

http://www.adamsdrafting.com/writing/mscd/• Adams on Contract Drafting Blog, Ken Adams

http://www.adamsdrafting.com/blog/• Black's Law Dictionary, Bryan A. Garner

https://www.amazon.com/Blacks-Law-Dictionary-Standard-Ninth/dp/0314199497• Advanced Legal Drafting, Bryan A. Garner, LawProse

https://lawprose.org/cle_seminars/advanced_legal_drafting.php• HBR Guide to Better Business Writing, Bryan A. Garner, Harvard Business Review Press

https://hbr.org/product/hbr-guide-to-better-business-writing/an/10946-PBK-ENG• English Law of Liquidated Damages and Penalty, Lexology

http://www.lexology.com/library/detail.aspx?g=ea8c9ddbc2da401d886cc807ce38fcf1• Principles of Contract Interpretation: Interpreting Collective Bargaining Agreements, Jay E. Grenig, Marquette University Law School

http://scholarship.law.marquette.edu/facpub• A Guide to Contract Interpretation, Vincent R. Martorana, Reed Smith

https://www.reedsmith.com/A-Guide-to-Contract-Interpretation-07-01-2014/• Good Practice in Writing Contracts, CIPS Knowledge Works

https://www.kbresearch.com/cips-files/Writing%20Contracts.pdf• Ten Pitfalls to Avoid In Contracting, International Association for Contract & Commercial Management

https://www2.iaccm.com/resources/?id=8976• Drafting or Reviewing a Commercial Contract, Practical Law

http://us.practicallaw.com/resource/2-531-1345• General Contract Drafting Principles, WeAgree

http://www.weagree.com/free-ebooks• Legal Writing 201, 30 Suggestions to Improve Readability or How to Write for Judges, not like Judges , Judge Mark P. Painter, Ohio First District Court of Appeals

http://www.plainlanguagenetwork.org/Legal/legalwriting.pdf

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