Default Metadata Fields
| Sr. No. | Metadata Category | Metadata Label | Field Type | Description | Example |
| Party Information | Your Entity Details | Free Text | ||
| Party Information | Counterparty Entity Details | Free Text | ||
| General | Contract Types | Dropdown | ||
| Lifecycle | Post Execution Status | Dropdown | We will capture the contract's status. Options: 1. Active |
Standard Metadata Fields
Note: Choose any 20 fields from Standard Metadata Fields
| Sr. No. | Metadata Category | Metadata Label | Field Type | Description | Example |
| General | Related Contracts | Parent-Child Linkage | We will establish parent-child linkage. We will link the child agreement with the parent agreement and update the information in the parent agreement based on the child agreement. | |
| Lifecycle | Effective Date | Date | We will capture the latest signature date if the Effective date is not defined. For agreements like Employment Agreement, we will capture the start date of the employment and in the case of SOW/OF/WO, we will capture the project or work start date. | |
| Lifecycle | Term Type | Dropdown | Options: 1. Auto-renewal | *Tied to an event, will be captured when the term is tied to the completion of a project. *Linked to SOW/OF/Master agreement, will be captured, when the term is related to the completion of the SOW/OF or Master Agreement |
| Lifecycle | Term Length | Duration | We will capture the duration/length/initial term of the agreement | 2 years OR 12 months OR 365 days |
| Lifecycle | Expiration Date | Date | Based on the definition of the Expiration Date OR Based on the terms of the agreement will be captured, i.e. Expiration = Effective Date/Execution + Term - One Day, depending on the contract's language. | |
| Lifecycle | Renewal Term | Duration | We will capture the duration related to the renewal of the agreement.
We will also update the Expiration Date based on the renewal term. | |
| General | Payment Frequency | Dropdown | Options: 1. Monthly | We will capture Monthly, Quarterly, Half Yearly, and Yearly payment intervals for recurring fees, and capture Upfront/Advance for one-time payments that are required to be made in advance.
|
| General | Payment Term | Duration | We will capture the applicable period within which payment is due. | 30 days OR 45 days |
| General | Type of Liability | Dropdown | We will capture the type of your liability under the contract.
Options: 1. Limited - liability is capped for all the defaults 2. Limited - liability is capped, with exclusions 3. Unlimited - liability is not capped for any defaults 4. No Liability - You have no liability 5. NA (If the provision is missing) | |
| General | Your Liability Cap | Free Text | We will capture the liability cap mentioned in the agreement for you.
NA will be added if the provision is missing | USD 10,000 or contract price OR 2X of the contract price OR the amount paid in the preceding 12 months, etc. |
| General | Exclusion of Your Limitation of Liability | Multi-select Dropdown | Options: 1. Breach of Confidentiality obligations/Data Breach 7. Breach of Payment | |
| General | Publicity Rights | Multi-select Dropdown | We will capture if the parties in the agreement have publicity rights or not.
Options: 1. You - with consent | |
| Lifecycle | Termination for Cause Notice Period | Duration | We will capture the longest notice period for termination for cause applicable to you. | 30 days OR 45 days |
| Lifecycle | Cure Period | Duration | We will capture the period to cure the breach | 30 days OR 45 days |
| Lifecycle | Termination for Convenience Notice Period | Duration | We will capture the longest notice period for termination for convenience applicable to you. | 30 days OR 45 days |
| Lifecycle | Notice Period for Renewal / Non-renewal | Duration | We will capture the longest notice period specified in the agreement for renewal or non-renewal, as applicable. | 30 days OR 45 days |
| General | Governing Law | Free Text | We will capture the applicable law that governs this agreement.
NA will be added, if the provision is missing | Laws of India OR Laws of State of Delaware |
| General | Jurisdiction | Free Text | We will capture the applicable venue/court to hear the dispute.
NA will be added, if the provision is missing | Delhi court OR New York City court |
| General | Assignment Right | Multi-select Dropdown | We will capture if the parties in the agreement have Assignment rights or not.
Options: 1. You - with consent | |
| General | Mode of ADR | Multi-select Dropdown | Options: 1. Arbitration 2. Negotiation/Mutual Settlement 3. Mediation 4. NA (If the provision is missing) | |
| General | Audit Rights | Multi-select Dropdown | Which party has the right to Audit?
Options: 1. You 2. Counterparty 3. NA (If the provision is missing) | |
| General | Indemnifying Party | Multi-select Dropdown | Which party is liable to Indemnify?
Options: 1. You 2. Counterparty 3. NA (If the provision is missing) | |
| General | Non-Solicitation Period | Duration | We will capture the duration of the Non-Solicitation period. | |
| General | Non-Compete Obligation | Multi-select Dropdown | Which party is bound by the Non-Compete obligation?
Options: 1. You 2. Counterparty 3. NA (If the provision is missing) | |
| General | Data Breach Notification Timeline | Dropdown | Capture the timelines within which the Data Breach should be reported.
Options: 1. Immediate 2. 24 hours 3. 48 hours 4. 72 hours 5. Other 6. NA (If the provision is missing) | |
| General | Price Escalation (%) | Number | We will capture the percentage of the annual price increase |