Contract Type-Specific Contract Contents-based Policy Rule
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A Contract Type-Specific Contract Contents-based Policy Rule is a contract contents-related policy rule that defines specific guidelines based on the type of contract and its unique content requirements.
- Context:
- It can ensure compliance with relevant legal and industry standards by providing type-specific content requirements.
- ...
- Example(s):
- a Service Agreement Contract Contents Policy Rule, such as:
- Rule:
SLAs must specify a guaranteed minimum uptime percentage for any software platforms, and define service credits or remedies for failing to meet uptime requirements. - Rule:
SLAs must provide guaranteed response times based on support request priority levels (e.g., Priority 1 - 2 hours, Priority 2 - 8 hours, etc.) and specify availability for support (e.g., 24/7).
- Rule:
- a License Agreement Contents-based Policy Rule, such as:
- Rule:
License Grant Clauses must include key terms such as exclusivity, duration, territory, and scope, as well as language clarifying the grant is subject to the agreement's terms and conditions. - Rule:
License Agreements must restrict the granted license to the licensee's internal business purposes only.
- Rule:
- a Lease Agreement Contents-based Policy Rule, such as:
- Rule:
Lease Agreements must include the leased property's location and leased property's square footage. - Rule:
Lease Agreements must include the lease term duration. - Rule:
Lease Agreements must include the lease commencement date.
- Rule:
- ...
- a Service Agreement Contract Contents Policy Rule, such as:
- Counter-Example(s):
- a General Contract Contents-based Policy Rule, such as a Contract Model-Language Rule that applies broadly across various contract types without specific customization for individual contract types.
- a Contract Process-related Policy Rule, such as a fallback contract policy rule focused on procedural aspects rather than specific contract content.
- See: Contract Content Test, Contract Management System, General Contract Contents-based Policy Rule.