Contract Central

Permitted Use of Data Clause

A permitted use of data clause is a contractual provision that establishes rules regarding the use of data shared by parties for the purposes of their agreement.

Payment Terms

Payment terms are contractual provisions that establish rules for when and how payment for goods or services supplied under a contract must be made.

Payment in Lieu of Notice Clause

A payment in lieu of notice clause is a contractual provision that allows an employer to pay a specified amount instead of giving notice of termination.

Notice Clause

A notice clause is a contractual provision that stipulates how and to whom notice must be given under a contract for it to be legally binding.

Non-Solicit Clause

A non-solicit clause is a contractual provision that establishes one party’s promise to refrain from poaching another party’s customers, employees, etc.

Non-Disparagement Clause

A non-disparagement clause is a contractual provision that establishes one party’s agreement not to disrespect, discredit or otherwise criticize another.

Non-Compete Clause

A non-compete clause is a contractual provision that establishes one party’s promise to refrain from engaging in certain competitive activity against another.

Most Favored Nation Clause

Most favored nation clauses are contract provisions that require that a party must receive rights and benefits under the contract that are equal to or more favorable than the rights and benefits received by any other parties.

Liquidated Damages Clause

A liquidated damages clause is a contractual provision that establishes a predetermined damages estimate for certain breaches of contract.