This interactive full day workshop deals with the various aspects of commercial contracts in business to business arrangements.
The training objectives are to allow delegates to:
- Obtain a good understanding and appreciate the key parts of commercial contracts
- Identify risks contained within a commercial contract before it is entered into
- Take a best practice approach to reviewing commercial contracts.
Course overview
- Entering into commercial contracts
- How contracts are entered into
- Who are the parties
- Commencement date
- Performance obligations
- What, where, how and when
- Level of obligations (unqualified, best endeavours, reasonable endeavours)
- Good faith
- Changing obligations
- Payment obligations
- How payment is calculated
- How payment is made
- Increasing the price
- Payment protection and retention of title
- Liability
- Limiting and capping liability
- Statutory controls
- Indemnities
- Usual standard clauses
- Termination
- Consequences of termination
- Confidentiality
- Boilerplate clauses
- Entire agreement
- Force majeure
- Assignment
- Set-off
- Dispute resolution
- Law and jurisdiction
To discuss your specific requirements and get a quote, please contact Paul Palik.