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Contracting Basics

Learn the Contract Management Basics

Not sure what is an NDA, MSA, SLA, Indemnity, and more? Learn the contract management basics here.

Results list

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.
Cost-plus contract graphic
April 25, 2025

What Is a Cost-Plus Contract?

Discover the ins and outs of cost-plus contracts. Learn how they work, their advantages and disadvantages, and when they're best suited. Get expert tips on managing cost-plus contracts effectively using contract management software.
Fixed-price contract graphic
April 25, 2025

What Is a Fixed-Price Contract?

Learn everything about fixed-price contracts, including how they work, their key features, types, and common terms. Discover when they're ideal to use and how contract management software can help
April 25, 2025

What Is a Licensing Agreement?

A licensing agreement is a type of contract in which an IP owner, also known as the licensor, grants another party permission to use their intellectual property under specific terms. This IP can encompass patents, trademarks, copyrights, trade secrets, or even business methodologies. Learn about the types of IP it covers, standard terms and the benefits it provides.