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Contract Management

Professional RolesLegal & Compliance

Contract Review Checklist
Contract assessment
Review this contract for [contract type]:

[Paste contract or describe key terms]

Contract type: [NDA, vendor agreement, employment, etc.]
Your role: [buyer, seller, employee, etc.]
Jurisdiction: [applicable law]
Value: [contract value]
Duration: [term]

Review for:
- Scope and deliverables clarity
- Payment terms and conditions
- Termination and renewal clauses
- Liability and indemnification
- Warranties and representations
- Intellectual property rights
- Confidentiality obligations
- Dispute resolution mechanisms
- Force majeure provisions
- Missing or unclear terms
- Red flags and concerns
- Recommended changes

Note: Consult legal counsel for formal review.

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Note: ChatGPT and Perplexity will open with the prompt pre-filled. For Claude and Gemini, you'll need to paste the prompt manually.

Redline Suggestions
Contract negotiation
Suggest redlines for this contract provision:

Clause: [paste clause]
Contract type: [type]
Your position: [your leverage and goals]
Concern: [what worries you about current language]
Industry: [industry context]

Provide:
- Specific language concerns
- Proposed redlined version
- Rationale for each change
- Alternative language options
- Fallback positions
- Non-negotiable vs negotiable items
- Risk of current language
- Benefit of proposed changes
- Negotiation talking points

Present as markup format.

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Note: ChatGPT and Perplexity will open with the prompt pre-filled. For Claude and Gemini, you'll need to paste the prompt manually.

Terms Negotiation Strategy
Deal negotiation
Develop a negotiation strategy for [contract type]:

Contract: [description]
Counterparty: [who you're negotiating with]
Your priorities: [must-haves]
Their likely priorities: [what they want]
Leverage: [your position]
Walkaway point: [deal-breakers]

Strategy components:
- Priority issues ranking
- Target position for each term
- Acceptable range and walkaway
- Concession strategy and trade-offs
- Deal sweeteners you can offer
- Potential landmines
- Timing and sequence
- Authority and approvals needed
- BATNA (Best Alternative)
- First-offer strategy
- Documentation approach

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Note: ChatGPT and Perplexity will open with the prompt pre-filled. For Claude and Gemini, you'll need to paste the prompt manually.

Contract Risk Assessment
Risk management
Assess risks in this contract:

Contract: [type and description]
Key terms: [summarize important terms]
Value: [financial exposure]
Duration: [term]
Your role: [buyer, seller, etc.]

Risk analysis:
- Financial risks quantified
- Operational risks
- Reputational risks
- Regulatory/compliance risks
- Counterparty risks
- Liability exposure
- Indemnification gaps
- Insurance requirements
- Termination risks
- Risk mitigation strategies
- Accept vs mitigate vs avoid
- Required approvals by risk level

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Note: ChatGPT and Perplexity will open with the prompt pre-filled. For Claude and Gemini, you'll need to paste the prompt manually.

SLA Creation
Service agreements
Create a Service Level Agreement for [service]:

Service: [description]
Provider: [who delivers]
Customer: [who receives]
Criticality: [how important]
Current performance: [baseline if available]

SLA components:
- Services covered and excluded
- Performance metrics and targets
- Measurement methodology
- Reporting frequency and format
- Response and resolution times
- Availability commitments
- Escalation procedures
- Penalties for non-performance
- Credits or remedies
- Review and revision process
- Roles and responsibilities
- Effective date and term

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Note: ChatGPT and Perplexity will open with the prompt pre-filled. For Claude and Gemini, you'll need to paste the prompt manually.

Amendment Drafting
Contract modifications
Draft a contract amendment for [change]:

Original contract: [brief description]
Date: [original contract date]
Parties: [who signed]
Change needed: [what to amend]
Reason: [why amendment needed]
Effective date: [when change takes effect]

Amendment structure:
- Recitals (background and reason)
- Specific sections being amended
- Precise new language
- Strike-through and additions clear
- Cross-references updated
- Other terms remain in effect statement
- Execution section
- Signature blocks
- Exhibits if needed

Ensure clarity and no ambiguity.

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Note: ChatGPT and Perplexity will open with the prompt pre-filled. For Claude and Gemini, you'll need to paste the prompt manually.

Termination Clause Analysis
Exit planning
Analyze termination provisions in this contract:

Contract type: [type]
[Paste termination clauses or describe]
Your role: [your position]
Concerns: [what you're worried about]

Analyze:
- Termination for convenience (both parties)
- Termination for cause (triggers)
- Notice requirements
- Cure periods
- Wind-down obligations
- Data return/destruction
- Final payment terms
- Survival clauses
- Non-compete post-termination
- Liability after termination
- Exit assistance
- Balance of rights
- Recommended improvements

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Note: ChatGPT and Perplexity will open with the prompt pre-filled. For Claude and Gemini, you'll need to paste the prompt manually.

Vendor Agreement Template
Template development
Create a vendor agreement template for [goods/services]:

Vendor provides: [what they deliver]
Your company: [your industry and needs]
Typical value: [deal size range]
Risk profile: [low to high]
Regulatory requirements: [if any]

Template sections:
- Parties and effective date
- Scope of goods/services
- Pricing and payment terms
- Delivery and acceptance
- Warranties and representations
- Intellectual property ownership
- Confidentiality
- Liability and indemnification caps
- Insurance requirements
- Term and termination
- Dispute resolution
- Governing law
- Standard provisions

Include bracketed guidance for customization.

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Note: ChatGPT and Perplexity will open with the prompt pre-filled. For Claude and Gemini, you'll need to paste the prompt manually.

Contract Renewal Analysis
Renewal decisions
Analyze whether to renew this contract:

Contract: [type and description]
Expiry date: [when it expires]
Current terms: [key terms]
Performance: [how it's going]
Alternatives: [other options]
Market changes: [what's changed since signing]

Evaluate:
- Performance vs expectations
- Value for money assessment
- Market comparison
- Relationship quality
- Negotiation leverage
- Alternative options (cost, risk, transition)
- Renewal vs rebid decision
- Terms to renegotiate
- Pricing adjustment rationale
- Notification deadlines
- Recommendation and rationale
- Timeline for decision/action

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Note: ChatGPT and Perplexity will open with the prompt pre-filled. For Claude and Gemini, you'll need to paste the prompt manually.