Contract Type-Specific Article
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A Contract Type-Specific Article is a contract article tailored to particular contract types.
- Context:
- It can (typically) contain specialized Contractual Clauses relevant to the type of contract it is part of.
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- Example(s):
- an Intellectual Property Assignment Article (in an Employment Contract) with intellectual property assignment clauses, such as:
"The Employee hereby assigns to the Employer all rights, title, and interest in and to any and all intellectual property created during the term of employment, as outlined in Article 3 of this contract.".
- a Data Protection and Privacy Article (in a Service Contract) with data protection clauses, such as:
"The Service Provider agrees to adhere to all applicable data protection laws and regulations, including the GDPR, and shall implement appropriate technical and organizational measures to protect personal data, as detailed in Article 7.".
- an Exclusivity and Non-compete Article (in a Distribution Contract) with non-compete clauses, such as:
"The Distributor agrees not to engage in or promote any competing products or services within the designated territory for the duration of this agreement and for a period of one year following its termination, as stipulated in Article 9.".
- an Escrow Agreement Article (Software Licensing Contract) with escrow clauses, such as:
"The Licensor agrees to deposit the source code into an escrow account, which will be released to the Licensee under specific conditions, as defined in Article 5.".
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- an Intellectual Property Assignment Article (in an Employment Contract) with intellectual property assignment clauses, such as:
- Counter-Example(s):
- A General Contract Agreement Article that addresses a topic found in several different contract types, rather than being specific to one type of contract.
- See: Contractual Term, Legal Document Structure, Contract Clause.