General requirements clause: Copy, customize, and use instantly
Introduction
A general requirements clause outlines the fundamental obligations and expectations that all parties must adhere to in an agreement. It serves as a foundational provision, ensuring that both parties meet essential requirements to fulfill the terms of the contract. This clause typically covers a range of duties, including performance standards, compliance with laws, and other overarching conditions that apply to the entire agreement.
Below are templates for general requirements clauses tailored to different scenarios. Copy, customize, and insert them into your agreement.
General requirements clause for compliance with laws
This variation applies when compliance with laws is required.
The parties agree to comply with all applicable federal, state, and local laws, regulations, and ordinances in the performance of this Agreement. Both parties will ensure that their actions, obligations, and operations under this Agreement do not violate any legal requirements.
General requirements clause for performance standards
This variation applies when performance standards are specified.
Each party agrees to perform their obligations under this Agreement in a professional and diligent manner, adhering to industry-standard performance levels and best practices. Both parties shall meet or exceed the specified performance standards outlined in the Agreement.
General requirements clause for confidentiality
This variation applies when confidentiality is included.
The parties agree to maintain the confidentiality of all sensitive and proprietary information disclosed during the term of this Agreement. Neither party shall disclose any confidential information to third parties without the prior written consent of the disclosing party, except as required by law.
General requirements clause for timely delivery
This variation applies when timely delivery is specified.
The parties agree to complete all obligations and deliverables outlined in this Agreement within the specified timeframes. Delays in performance or delivery must be promptly communicated to the other party, with appropriate remedial actions taken to minimize disruption.
General requirements clause for cooperation
This variation applies when cooperation is necessary.
The parties agree to cooperate fully with each other and provide the necessary assistance and resources to ensure the successful execution of this Agreement. Both parties will work collaboratively to resolve any issues that may arise during the term of this Agreement.
General requirements clause for quality of goods and services
This variation applies when quality standards for goods and services are outlined.
The parties agree that all goods and services provided under this Agreement will be of the highest quality, free from defects, and conform to the specifications set forth in this Agreement. Both parties shall ensure that all goods and services meet or exceed industry standards.
General requirements clause for insurance coverage
This variation applies when insurance coverage is required.
The parties agree to maintain adequate insurance coverage, including but not limited to general liability, professional liability, and workers' compensation insurance, throughout the term of this Agreement. Each party will provide proof of insurance upon request.
General requirements clause for reporting
This variation applies when regular reporting is required.
The parties agree to provide regular reports on the progress and performance of their obligations under this Agreement. Reports will be submitted on a [monthly/quarterly] basis and will include all relevant details necessary to assess the status of the work being performed.
General requirements clause for dispute resolution
This variation applies when dispute resolution procedures are outlined.
In the event of any dispute, claim, or disagreement arising under this Agreement, the parties agree to engage in good faith negotiations to resolve the issue. If the dispute cannot be resolved through negotiations, the parties agree to submit the matter to mediation or arbitration as specified in the Dispute Resolution section of this Agreement.
General requirements clause for audits and inspections
This variation applies when audits and inspections are specified.
The parties agree to allow audits and inspections by the other party or its representatives to verify compliance with the terms of this Agreement. The party requesting the audit or inspection must provide reasonable notice, and all inspections will be conducted during normal business hours.
General requirements clause for change of laws
This variation applies when changes in laws are considered.
In the event that any changes in applicable laws or regulations affect the obligations or performance of either party under this Agreement, the parties agree to negotiate in good faith to amend the terms of the Agreement to remain in compliance with such changes.
General requirements clause for warranties
This variation applies when warranties are provided.
The parties agree to provide warranties for all goods and services supplied under this Agreement. The seller warrants that the goods are free from defects in material and workmanship and that the services will be performed in accordance with applicable standards and specifications.
General requirements clause for indemnification
This variation applies when indemnification is included.
Each party agrees to indemnify, defend, and hold harmless the other party from any claims, losses, damages, or liabilities arising out of the performance of this Agreement, provided such claims are not the result of the indemnified party’s negligence or willful misconduct.
General requirements clause for governing law
This variation applies when governing law is specified.
This Agreement shall be governed by and construed in accordance with the laws of [State/Country]. Any disputes arising from or relating to this Agreement shall be subject to the exclusive jurisdiction of the courts located in [jurisdiction].
General requirements clause for force majeure
This variation applies when force majeure is included.
Neither party shall be liable for any failure or delay in performance under this Agreement caused by circumstances beyond its reasonable control, including but not limited to natural disasters, acts of war, strikes, or government actions. In such cases, the affected party will promptly notify the other party and make reasonable efforts to mitigate the impact of the event.
General requirements clause for confidentiality of agreement terms
This variation applies when the terms of the agreement itself are confidential.
The parties agree to keep the terms of this Agreement confidential and not disclose any details to third parties without the prior written consent of the other party, except as required by law. This confidentiality obligation shall survive the termination of the Agreement.
General requirements clause for compliance with health and safety regulations
This variation applies when health and safety regulations are specified.
The parties agree to comply with all applicable health and safety regulations and ensure that all activities conducted under this Agreement are carried out in a safe and responsible manner. Each party will be responsible for providing the necessary safety equipment and training to their personnel.
General requirements clause for cooperation with authorities
This variation applies when cooperation with authorities is necessary.
The parties agree to cooperate with any regulatory authorities, law enforcement agencies, or other governmental bodies that require information or access to data as part of their oversight or investigation into activities related to this Agreement. This includes providing access to relevant records, documents, and personnel as needed.
General requirements clause for payment terms
This variation applies when payment terms are outlined.
The parties agree that all payments under this Agreement shall be made in accordance with the payment schedule set forth in Exhibit A. Payments shall be due [insert payment terms], and any late payments will incur a [insert late fee] as specified in this Agreement.
General requirements clause for termination for convenience
This variation applies when termination for convenience is included.
Either party may terminate this Agreement for convenience with [insert number of days] days’ written notice to the other party. Upon termination, the parties agree to settle all outstanding obligations and responsibilities as outlined in the Agreement.
General requirements clause for assignment of rights
This variation applies when assignment of rights is included.
The parties agree that neither party shall assign, transfer, or delegate any of their rights or obligations under this Agreement to any third party without the prior written consent of the other party. Any attempted assignment without such consent shall be void.
General requirements clause for data protection compliance
This variation applies when data protection compliance is specified.
The parties agree to comply with all applicable data protection laws and regulations, including but not limited to GDPR, CCPA, and any other relevant data protection laws. Each party shall ensure that any personal data processed under this Agreement is handled securely and in compliance with applicable privacy laws.
General requirements clause for cooperation with auditors
This variation applies when cooperation with auditors is required.
The parties agree to cooperate fully with any auditors or regulatory authorities who may conduct an audit or investigation related to this Agreement. Each party shall make available all relevant records, documents, and personnel to facilitate such audits.
General requirements clause for conflict of interest
This variation applies when conflict of interest is addressed.
The parties agree to avoid any conflict of interest that may affect the performance of their obligations under this Agreement. Both parties will disclose any potential conflicts of interest to each other promptly and take steps to resolve such conflicts.
General requirements clause for no waiver of rights
This variation applies when the waiver of rights is addressed.
The parties agree that no failure or delay in the exercise of any right, remedy, or power under this Agreement shall constitute a waiver of that right, remedy, or power. Any waiver must be in writing and signed by the party waiving the right.
General requirements clause for independent contractors
This variation applies when the parties are independent contractors.
The parties agree that they are independent contractors and nothing in this Agreement shall be construed as creating an employer-employee relationship, joint venture, or partnership between the parties. Each party shall be solely responsible for its own actions and liabilities.
General requirements clause for compliance with environmental laws
This variation applies when environmental laws are specified.
The parties agree to comply with all applicable environmental laws and regulations in the performance of their obligations under this Agreement. Each party shall take all reasonable steps to prevent environmental harm and ensure that any activities comply with environmental standards.
General requirements clause for nondisclosure of proprietary information
This variation applies when nondisclosure of proprietary information is required.
The parties agree to maintain the confidentiality of proprietary information exchanged during the term of this Agreement. Neither party shall disclose any proprietary information to third parties without the prior written consent of the other party, except as required by law.
General requirements clause for intellectual property ownership
This variation applies when intellectual property ownership is specified.
The parties agree that any intellectual property created, developed, or used in the course of fulfilling this Agreement shall remain the sole property of the party creating or developing it, unless otherwise agreed in writing. No ownership rights are transferred through this Agreement unless explicitly stated.
General requirements clause for dispute resolution process
This variation applies when a dispute resolution process is included.
The parties agree to resolve any disputes arising under this Agreement through a structured dispute resolution process. Initially, the parties will attempt to resolve any disputes through informal negotiations. If those negotiations are unsuccessful, the parties agree to proceed with mediation before seeking legal remedies.
General requirements clause for regulatory compliance
This variation applies when regulatory compliance is required.
The parties agree to comply with all applicable regulatory requirements, including those set by local, state, and federal authorities, in the performance of this Agreement. Each party will ensure that their activities are conducted in full compliance with relevant regulations and standards.
General requirements clause for insurance obligations
This variation applies when insurance obligations are outlined.
The parties agree to maintain adequate insurance coverage, including liability, property, and worker’s compensation insurance, throughout the term of this Agreement. Proof of such insurance will be provided to the other party upon request.
General requirements clause for financial reporting
This variation applies when financial reporting is required.
The parties agree to maintain accurate and complete financial records related to this Agreement and provide regular financial reports to the other party as requested. These reports shall include all relevant information necessary to assess performance and compliance with the terms of this Agreement.
General requirements clause for non-solicitation of employees
This variation applies when non-solicitation of employees is addressed.
The parties agree not to solicit or hire each other's employees during the term of this Agreement and for a period of [insert duration] after its termination. This provision shall not apply if an employee independently applies for a position with the other party.
General requirements clause for subcontracting
This variation applies when subcontracting is allowed or prohibited.
The parties agree that subcontracting of any part of the obligations under this Agreement is permitted, provided that the subcontractor agrees to comply with the terms of this Agreement. The contracting party shall remain responsible for ensuring that subcontractors perform their obligations in accordance with this Agreement.
General requirements clause for audits
This variation applies when audits are included.
The parties agree to permit the other party or its representatives to conduct an audit of their performance under this Agreement, including access to relevant documents, records, and personnel. The audit will be conducted at reasonable times and upon reasonable notice.
General requirements clause for force majeure events
This variation applies when force majeure events are addressed.
The parties agree that neither party shall be liable for failure to perform their obligations under this Agreement due to events beyond their reasonable control, including but not limited to natural disasters, war, strikes, or government actions. In such cases, the affected party shall notify the other party and take reasonable steps to mitigate the impact of the event.
General requirements clause for payment schedule
This variation applies when a payment schedule is outlined.
The parties agree to the following payment schedule for the services rendered under this Agreement: [Insert payment terms]. All payments shall be made in accordance with this schedule, and any late payments will be subject to a late fee as specified in the Agreement.
General requirements clause for notice of changes
This variation applies when changes require notice.
The parties agree to provide written notice to each other at least [insert number of days] days in advance of any changes to the terms, conditions, or scope of this Agreement. Such notice will specify the nature of the change and any necessary adjustments to the Agreement.
General requirements clause for confidentiality of financial information
This variation applies when financial information confidentiality is addressed.
The parties agree to keep all financial information exchanged during the term of this Agreement confidential. This includes but is not limited to pricing, revenue, cost structures, and any other proprietary financial data. Such information will not be disclosed to third parties without prior written consent.
General requirements clause for regulatory notifications
This variation applies when regulatory notifications are required.
The parties agree to notify each other promptly of any regulatory changes or notices that may affect the execution of this Agreement. Such notifications must be made within [insert number of days] days of receipt of the regulatory notice.
General requirements clause for proper documentation
This variation applies when proper documentation is required.
The parties agree to maintain and provide all necessary documentation to support the performance of this Agreement. This includes records, contracts, reports, and any other relevant documents, which shall be made available to the other party upon request.
General requirements clause for compliance with industry standards
This variation applies when industry standards are specified.
The parties agree to perform all obligations under this Agreement in compliance with industry standards and best practices. This includes meeting or exceeding the standards set by relevant professional associations and regulatory bodies.
General requirements clause for non-disclosure of sensitive business strategies
This variation applies when sensitive business strategies are included.
The parties agree to refrain from disclosing any sensitive business strategies, including marketing plans, business development strategies, and other proprietary information that may be disclosed during the term of this Agreement. Such information shall remain confidential and shall not be shared with competitors or other third parties.
General requirements clause for ethical business practices
This variation applies when ethical business practices are required.
The parties agree to conduct all activities under this Agreement in accordance with ethical business practices. This includes ensuring fair treatment of employees, compliance with anti-corruption laws, and avoiding conflicts of interest.
General requirements clause for cooperation in audits
This variation applies when cooperation in audits is necessary.
The parties agree to fully cooperate with any audits required by law or stipulated in this Agreement. This includes providing access to relevant records, personnel, and other necessary resources to facilitate the audit process.
General requirements clause for intellectual property protection
This variation applies when intellectual property protection is required.
The parties agree to take all necessary precautions to protect intellectual property rights, including patents, trademarks, copyrights, and trade secrets. Any misuse or infringement of intellectual property rights during the term of this Agreement will result in immediate action to protect such rights.
General requirements clause for environmental compliance
This variation applies when environmental compliance is required.
The parties agree to comply with all applicable environmental laws and regulations in the performance of this Agreement. This includes taking necessary steps to minimize environmental impact and implementing sustainable business practices.
General requirements clause for reasonable care
This variation applies when reasonable care is required.
The parties agree to exercise reasonable care in performing their obligations under this Agreement. Each party will take all necessary precautions to prevent damage, loss, or harm to the other party's property, personnel, and assets during the term of the Agreement.
General requirements clause for performance monitoring
This variation applies when performance monitoring is specified.
The parties agree to monitor their performance under this Agreement and provide periodic performance reports. These reports will include measurable metrics and will be used to assess the ongoing fulfillment of obligations under the Agreement.
General requirements clause for obtaining necessary approvals
This variation applies when obtaining necessary approvals is required.
The parties agree to obtain all necessary approvals, permits, and licenses required by law or regulation to fulfill their obligations under this Agreement. Any delays in obtaining such approvals will be promptly communicated to the other party.
General requirements clause for no conflict of interest
This variation applies when conflicts of interest are addressed.
The parties agree to disclose any potential conflicts of interest that may affect the performance of their obligations under this Agreement. Neither party shall engage in any activity that could create a conflict of interest during the term of this Agreement.
General requirements clause for timely performance
This variation applies when timely performance is required.
The parties agree to complete all tasks and obligations outlined in this Agreement within the specified deadlines. Any delays in performance must be communicated in writing and accompanied by a revised schedule and plan for completion.
General requirements clause for accessibility of records
This variation applies when records accessibility is specified.
The parties agree to maintain accurate and complete records related to the performance of this Agreement. These records will be accessible to the other party upon request, and any data or documents necessary for verifying compliance will be provided promptly.
General requirements clause for third-party approvals
This variation applies when third-party approvals are required.
The parties agree to obtain all necessary third-party approvals or consents needed to fulfill their obligations under this Agreement. The parties will make reasonable efforts to secure such approvals and will inform each other of any delays.
General requirements clause for financial stability
This variation applies when financial stability is required.
The parties agree to maintain financial stability throughout the term of this Agreement. If a party experiences significant financial difficulties that could impact their ability to fulfill their obligations, they must notify the other party within [insert number of days] days.
General requirements clause for customer satisfaction
This variation applies when customer satisfaction is emphasized.
The parties agree to take all necessary steps to ensure customer satisfaction with the products or services provided under this Agreement. Both parties will actively seek feedback from customers and implement improvements based on this feedback to maintain high levels of satisfaction.
General requirements clause for supplier relationships
This variation applies when supplier relationships are addressed.
The parties agree to maintain professional and cooperative relationships with all suppliers involved in the fulfillment of this Agreement. Both parties will ensure that suppliers meet the agreed-upon standards and provide quality products or services in a timely manner.
General requirements clause for handling customer complaints
This variation applies when handling customer complaints is required.
The parties agree to implement a formal process for receiving, investigating, and resolving customer complaints related to the products or services provided under this Agreement. Both parties shall promptly address any customer concerns and take appropriate action to ensure customer satisfaction.
General requirements clause for training and certifications
This variation applies when training and certifications are required.
The parties agree to provide all necessary training and certifications to their employees or contractors who will be performing work under this Agreement. This includes ensuring that personnel possess the necessary skills and qualifications to meet the standards set forth in this Agreement.
General requirements clause for ethical sourcing
This variation applies when ethical sourcing is addressed.
The parties agree to source materials, products, and services used in the performance of this Agreement from suppliers that adhere to ethical sourcing standards. This includes ensuring that suppliers operate in compliance with applicable labor laws, environmental regulations, and industry best practices.
General requirements clause for customer privacy
This variation applies when customer privacy is addressed.
The parties agree to implement measures to protect the privacy of their customers in accordance with applicable data protection laws, including the GDPR and CCPA. This includes safeguarding customer data from unauthorized access, disclosure, or misuse and ensuring that customers' privacy preferences are respected.
General requirements clause for supply chain transparency
This variation applies when supply chain transparency is required.
The parties agree to provide transparency regarding their supply chain practices. Both parties will disclose information about the sourcing and production of materials and products, and will take necessary steps to ensure that suppliers adhere to ethical and legal standards.
General requirements clause for conflict resolution process
This variation applies when a conflict resolution process is included.
The parties agree to implement a structured conflict resolution process to address any disagreements that may arise during the term of this Agreement. This process will include informal negotiations, followed by mediation or arbitration if necessary, in accordance with the procedures outlined in the Dispute Resolution section.
General requirements clause for termination of agreement
This variation applies when termination provisions are included.
The parties agree that either party may terminate this Agreement upon [insert number of days] days' written notice to the other party. Termination will not affect any accrued rights or obligations that have already been fulfilled, and both parties will work together to wind down operations in an orderly manner.
General requirements clause for compliance with anti-bribery laws
This variation applies when anti-bribery laws compliance is required.
The parties agree to comply with all applicable anti-bribery and anti-corruption laws in the execution of this Agreement. Both parties shall refrain from offering or accepting bribes or any other illegal inducements and will report any suspected violations immediately.
General requirements clause for audit of systems and processes
This variation applies when audit provisions are specified.
The parties agree to allow the other party or its designated auditors to inspect their systems, processes, and records to ensure compliance with the terms of this Agreement. These audits will be conducted during regular business hours, with at least [insert number of days] days' prior notice.
General requirements clause for nondiscrimination
This variation applies when nondiscrimination provisions are included.
The parties agree to operate in a manner that ensures no discrimination on the basis of race, color, religion, sex, gender, sexual orientation, disability, or any other protected characteristic in the performance of this Agreement. Both parties will foster an inclusive and respectful environment for all employees, contractors, and clients.
General requirements clause for intellectual property use
This variation applies when intellectual property use is specified.
The parties agree that any intellectual property created or used during the performance of this Agreement, including but not limited to patents, trademarks, and copyrights, shall be used solely for the purposes outlined in this Agreement. Neither party shall use the intellectual property for any other purpose without the express written consent of the other party.
General requirements clause for data storage and retrieval
This variation applies when data storage and retrieval practices are outlined.
The parties agree to implement secure data storage and retrieval systems to ensure the integrity and availability of all data related to this Agreement. This includes maintaining accurate records, implementing access controls, and ensuring that all data is readily accessible for authorized parties when required.
General requirements clause for cooperation with regulatory authorities
This variation applies when cooperation with regulatory authorities is necessary.
The parties agree to cooperate fully with any regulatory authorities or government agencies that may require information, records, or other data under applicable laws and regulations. This includes providing timely responses to requests and facilitating any necessary investigations or audits.
General requirements clause for protection of company assets
This variation applies when protection of company assets is specified.
The parties agree to take reasonable measures to protect each other's company assets, including physical property, intellectual property, and digital assets, from theft, loss, or damage. Both parties will implement adequate security measures to safeguard these assets during the term of this Agreement.
General requirements clause for subcontractor compliance
This variation applies when subcontractor compliance is addressed.
The parties agree to ensure that any subcontractors engaged in the performance of this Agreement comply with the same standards, obligations, and terms outlined in this Agreement. Each party will be responsible for the performance of their subcontractors and will ensure they meet all requirements.
General requirements clause for dispute avoidance
This variation applies when dispute avoidance is the focus.
The parties agree to take proactive steps to avoid disputes by communicating regularly and addressing any potential issues before they escalate. Both parties will engage in good faith efforts to resolve conflicts and seek mutually beneficial solutions in the event of disagreements.
General requirements clause for dispute notice
This variation applies when dispute notice is required.
In the event of a dispute, the party raising the dispute agrees to notify the other party in writing within [insert number of days] days. The notice will include a description of the dispute, the parties involved, and any potential resolutions or actions being proposed to address the issue.
General requirements clause for reporting violations
This variation applies when reporting violations is required.
The parties agree to immediately report any violations of the terms of this Agreement, including unethical conduct, breaches of confidentiality, or other serious violations, to the appropriate authority or the designated point of contact within the other party’s organization.
General requirements clause for compliance with health and safety standards
This variation applies when health and safety standards are specified.
The parties agree to comply with all applicable health and safety standards, including OSHA regulations and any local or national safety laws, while performing any activities under this Agreement. Both parties will take necessary precautions to protect the health and safety of employees, contractors, and other individuals involved.
General requirements clause for third-party rights
This variation applies when third-party rights are addressed.
The parties agree that no third party shall have any rights or claims under this Agreement unless expressly stated. All rights and obligations under this Agreement are solely between the two parties, and any benefits to third parties are incidental unless specifically outlined.
General requirements clause for audit rights
This variation applies when audit rights are specified.
The parties agree that each party has the right to audit the other party’s records, systems, and operations related to this Agreement to ensure compliance with its terms. Such audits may occur at reasonable intervals and with at least [insert number of days] days' notice, at the auditing party’s expense.
General requirements clause for dispute escalation
This variation applies when dispute escalation is required.
The parties agree to implement a formal dispute escalation process. In the event of a dispute, the parties will first attempt to resolve the issue through direct negotiations. If unresolved, the dispute will be escalated to senior management, and then, if necessary, to mediation or arbitration as outlined in the Dispute Resolution section.
General requirements clause for force majeure events
This variation applies when force majeure events are included.
Neither party shall be liable for delays or failure to perform due to force majeure events, including but not limited to natural disasters, acts of war, or government actions. In such cases, the affected party shall notify the other party as soon as possible and take reasonable steps to mitigate the impact of the event.
General requirements clause for updates and modifications
This variation applies when updates and modifications are needed.
The parties agree that this Agreement may be updated or modified only in writing and signed by both parties. Any amendments to the terms or conditions of the Agreement must be agreed upon in writing and shall be effective only upon mutual consent.
General requirements clause for proper recordkeeping
This variation applies when proper recordkeeping is required.
The parties agree to maintain accurate and complete records of all activities, transactions, and decisions related to this Agreement. These records will be kept for a minimum of [insert number of years] years after the termination of this Agreement and will be made available for review upon request.
General requirements clause for compliance with anti-money laundering laws
This variation applies when anti-money laundering laws are included.
The parties agree to comply with all applicable anti-money laundering laws and regulations. This includes taking necessary measures to prevent money laundering activities and reporting any suspicious transactions or activities to the relevant authorities.
General requirements clause for health and safety compliance
This variation applies when health and safety compliance is specified.
The parties agree to comply with all health and safety regulations applicable to the work or services performed under this Agreement. This includes maintaining safe work environments, providing safety training, and ensuring that all necessary protective equipment is available to employees and contractors.
General requirements clause for safeguarding data
This variation applies when safeguarding data is required.
The parties agree to safeguard all data collected, processed, or exchanged under this Agreement. This includes taking appropriate technical, organizational, and administrative measures to prevent unauthorized access, data breaches, or misuse of sensitive or personal data.
General requirements clause for legal compliance
This variation applies when legal compliance is required.
The parties agree to comply with all relevant local, state, and federal laws and regulations while performing their obligations under this Agreement. Each party will ensure that their actions do not violate any applicable laws, including those related to intellectual property, privacy, and competition.
General requirements clause for notification of breaches
This variation applies when notification of breaches is necessary.
The parties agree to immediately notify the other party of any breach, suspected breach, or potential threat to the terms of this Agreement. The notification will include a description of the breach or suspected breach and the actions being taken to remedy the situation.
General requirements clause for timely payments
This variation applies when timely payments are required.
The parties agree to make all payments due under this Agreement in accordance with the agreed-upon schedule. Any payments not received by the due date will be subject to a [insert percentage] late fee, and the defaulting party will be responsible for any collection costs incurred.
General requirements clause for ownership of work product
This variation applies when ownership of work product is specified.
The parties agree that all work product created, developed, or delivered under this Agreement, including any intellectual property rights, shall be the exclusive property of the party that created or developed it unless otherwise agreed upon in writing.
General requirements clause for compliance with industry best practices
This variation applies when compliance with industry best practices is required.
The parties agree to perform all tasks under this Agreement in accordance with recognized industry best practices. This includes adhering to applicable guidelines, standards, and recommendations established by relevant industry authorities.
General requirements clause for non-solicitation of personnel
This variation applies when non-solicitation of personnel is included.
The parties agree that, during the term of this Agreement and for a period of [insert number of years] after its termination, neither party shall solicit or hire any employee or contractor of the other party without prior written consent.
General requirements clause for no assignment
This variation applies when assignment of rights is prohibited.
The parties agree that neither party shall assign or transfer any of their rights or obligations under this Agreement to any third party without the prior written consent of the other party. Any attempt to assign rights or obligations without such consent shall be null and void.
General requirements clause for insurance and indemnification
This variation applies when insurance and indemnification are included.
The parties agree to maintain appropriate insurance coverage, including general liability and professional indemnity insurance, throughout the term of this Agreement. Additionally, each party agrees to indemnify the other party against any claims, damages, or losses arising from their own negligence or failure to fulfill their obligations under this Agreement.
General requirements clause for timely performance of duties
This variation applies when timely performance is emphasized.
The parties agree to perform all duties under this Agreement in a timely manner, meeting all specified deadlines. Delays in performance must be communicated in writing, and both parties will collaborate to resolve any issues affecting the timely execution of the Agreement.
General requirements clause for no conflict of interest
This variation applies when conflicts of interest must be avoided.
The parties agree to avoid any conflicts of interest in the execution of this Agreement. If either party becomes aware of any conflict of interest, they must disclose it to the other party immediately and take appropriate action to mitigate any potential issues.
General requirements clause for confidential treatment of data
This variation applies when confidential treatment of data is required.
The parties agree to treat all sensitive data exchanged under this Agreement as confidential. Neither party shall disclose or use such data for any purpose other than as specified in this Agreement without the prior written consent of the other party.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.