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Contracting Basics

Learn the Contract Management Basics

Not sure what exactly goes into an NDA, MSA, Indemnity agreement, and more? Learn the contracting  basics here. Or check out the latest technologies used in contract management, and how industry trends may impact your contracts with Learn CLM

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Image of data processing agreement.
May 5, 2025

What is a Data Processing Agreement (DPA)?

Learn what a data processing agreement is, why it's essential for GDPR compliance, and how it defines roles between data controllers and processors.
Two people working out an arbitration agreement.
May 5, 2025

What is an Arbitration Agreement?

Learn what an arbitration agreement is, how it works, and why it matters in resolving disputes outside of court.
Terms and conditions in a contract.
April 29, 2025

What are Terms and Conditions?

  Create clear and enforceable terms and conditions to protect your business. Learn key elements, legal requirements, and how to draft an effective agreement.
Breaching a contract
April 28, 2025

What Is a Breach of Contract?

A breach of contract occurs when one party fails to fulfill their obligations in an agreement. Common types include material, minor, anticipatory, and actual breaches. Learn what causes breaches and how to prevent them by creating clear contracts, maintaining communication, and documenting all agreements.
Indemnification clause in contracts
April 24, 2025

What Is an Indemnification Agreement?

The indemnification clause is a standard provision in most commercial contracts. They serve as a critical tool for risk allocation between parties. Learn why it is one of the most commonly negotiated terms of a contract.
Two parties signing a purchase agreement
April 8, 2025

What is a Purchase Agreement?

Learn what a purchase agreement is, why it’s legally binding, and how it protects buyers and sellers. Discover key elements, common mistakes, and best practices.
April 4, 2025

What is a Service Level Agreement (SLA)?

Learn what a Service Level Agreement (SLA) is, how it works, and why it's crucial for setting clear service expectations, accountability, and performance standards.