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Where to slow down. What to verify.
Slow down. This clause materially defines the terms.
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The documents on your desk this week.
Commercial leases, vendor contracts, NDAs, employment agreements — and the dozen variants you see every month.
Commercial Lease
Multi-year terms, auto-renewals, indemnity caps, build-out and CAM clauses.
This agreement is entered into by and between the parties identified herein for the purposes described below. All terms and conditions shall be binding upon execution by both parties.
The undersigned agrees to comply with all applicable regulations and standards as set forth in the governing jurisdiction. Any modifications must be agreed upon in writing.
Section 2. The party of the first part hereby grants to the party of the second part all rights and obligations pertaining to the subject matter contained within this document including but not limited to financial responsibilities.
Section 3. In the event of a dispute between the parties the matter shall be resolved through mediation or binding arbitration in accordance with the rules of the governing authority.
Section 4. This agreement shall remain in full force and effect for the duration specified unless terminated earlier by mutual written consent of all parties or by operation of law.
Section 5. Neither party shall assign or transfer any rights or obligations under this agreement without the prior written consent of the other party. Any unauthorized assignment shall be void.
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Vendor & Service Contracts
MSAs, SOWs, SaaS terms, liability caps, IP and indemnity provisions.
This agreement is entered into by and between the parties identified herein for the purposes described below. All terms and conditions shall be binding upon execution by both parties.
The undersigned agrees to comply with all applicable regulations and standards as set forth in the governing jurisdiction. Any modifications must be agreed upon in writing.
Section 2. The party of the first part hereby grants to the party of the second part all rights and obligations pertaining to the subject matter contained within this document including but not limited to financial responsibilities.
Section 3. In the event of a dispute between the parties the matter shall be resolved through mediation or binding arbitration in accordance with the rules of the governing authority.
Section 4. This agreement shall remain in full force and effect for the duration specified unless terminated earlier by mutual written consent of all parties or by operation of law.
Section 5. Neither party shall assign or transfer any rights or obligations under this agreement without the prior written consent of the other party. Any unauthorized assignment shall be void.
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NDA & Confidentiality
Mutual and one-way NDAs, residual rights, term limits, carve-outs.
This agreement is entered into by and between the parties identified herein for the purposes described below. All terms and conditions shall be binding upon execution by both parties.
The undersigned agrees to comply with all applicable regulations and standards as set forth in the governing jurisdiction. Any modifications must be agreed upon in writing.
Section 2. The party of the first part hereby grants to the party of the second part all rights and obligations pertaining to the subject matter contained within this document including but not limited to financial responsibilities.
Section 3. In the event of a dispute between the parties the matter shall be resolved through mediation or binding arbitration in accordance with the rules of the governing authority.
Section 4. This agreement shall remain in full force and effect for the duration specified unless terminated earlier by mutual written consent of all parties or by operation of law.
Section 5. Neither party shall assign or transfer any rights or obligations under this agreement without the prior written consent of the other party. Any unauthorized assignment shall be void.
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Employment Agreements
Offer letters, equity grants, non-competes, severance and separation terms.
This agreement is entered into by and between the parties identified herein for the purposes described below. All terms and conditions shall be binding upon execution by both parties.
The undersigned agrees to comply with all applicable regulations and standards as set forth in the governing jurisdiction. Any modifications must be agreed upon in writing.
Section 2. The party of the first part hereby grants to the party of the second part all rights and obligations pertaining to the subject matter contained within this document including but not limited to financial responsibilities.
Section 3. In the event of a dispute between the parties the matter shall be resolved through mediation or binding arbitration in accordance with the rules of the governing authority.
Section 4. This agreement shall remain in full force and effect for the duration specified unless terminated earlier by mutual written consent of all parties or by operation of law.
Section 5. Neither party shall assign or transfer any rights or obligations under this agreement without the prior written consent of the other party. Any unauthorized assignment shall be void.
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“I used to block 90 minutes for every new vendor contract. Now I block 20 and spend the rest of the hour pushing back on the redline.”
Daniel R.
In-house counsel
“Closing packets used to eat my Friday. Now I work through them with Docly's flag list open — minutes per doc, nothing slips.”
Tonya W.
Senior loan officer
“Docly flags the auto-renewals and indemnity caps that used to slip through. I push back on more of them now — and I'm faster doing it.”
Marcus E.
Operations lead