Letter agreements and side letters – when to use?
An agreement does not necessarily need to be embodied in the traditional structure of a contract (i.e. with a parties block, recitals, words of agreement,…
An agreement does not necessarily need to be embodied in the traditional structure of a contract (i.e. with a parties block, recitals, words of agreement,…
In many, if not all, contracts, a miscellaneous provision related to amendments, modifications, adjustments and other changes is included. In this blog post, I will…
Continuing the first line of a contract (as in the previous blog post on made or entered into), you would typically find the word between,…
The first line of a contract sometimes states that the agreement was made and entered into (between the parties). What concept does this refelect? What…
Another vague term is the word material. It is typically used to distinguish from immaterial things: even though there is often a grey area as…
In a previous blog post, I indicated the ‘importance’ of vaguenesses in contracts. The most obvious example of vagueness is the word reasonable. This vague…
Very often, it is impossible to stipulate exactly how or when a certain obligation must be performed. In those cases, you will use a vague…
All arbitration institutes provide for a model arbitration clause, which you are recommended to include in your agreement if you choose that institute. If you…
When drafting a dispute resolution provision geared towards arbitration, you might wonder whether you need an arbitration institute and which arbitration provision you should include.…