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Preside at 3 dispose of 4 complied with

Entered into

Reduce share capital, pass ordinary resolution, follow

Proper procedures

Undertaking(s) 3 merger 4 transformations

Reconstructions 6 alteration 7 amalgamation

8 union/uniting

F 3h 4d 5g 6b 7c 8a

Un 5

A 3

C

E

F

Liquidated Damages 2 Acceleration

Force Majeure 4 Assignment 5 Termination

6 Entire Agreement / Merger / Parol Evidence

B 5 c 4 d 1 e 2

D 3 b 4 a

I 3d 4g 5b 6h 7 a 8 j 9 c

Suggested answers

Responsibility to pay compensation

The party alone can decide

Carry out later or not at all

Agreement given before in writing

If Operator defaults in performance...

Do nothing

Attachments

Considered

A non-competition agreement.

Because it is an agreement template.

8 2b: Confidentiality

Consideration

Severability

Payment of Costs

To comply with 2 shall be stricken 3 ascribed to

Commencing 5 has acquired 6 contemplated by

Shall expend

11 1. 3, 5, 6, 8, 9

While bargaining, it means giving up some items in

Order to get other ones from the other party.

The purpose of a merger clause is to ensure that

Anything that was said or written before the agreement

Is not admissible in proceedings unless it is explicitly

Written in the agreement.

13 Now I'd like to move on to the topic of using agreement

templates and term sheets. It's common to start out with

An existing contract template, which gives you a kind of

Blueprint of the things that are usually included in such an

agreement. It's important to realise that negotiating with a

contract template means that it's necessary to review the

Terms and conditions it contains carefully. Please note

That you have to consider what is not in the agreement

but should be, that is, what's missing and should be

Added. This is really just as important as carefully

Reviewing the language in the agreement. Here. I want to

stress that it'd be wise to consult with a senior lawyer,

Preferably someone who has experience negotiating

Agreements of the kind that you are negotiating.

When using a term sheet as the basis of negotiations, it's



Imperative to keep good notes of all discussions or emails

Regarding the items on the sheet. Term sheets are usually

Used by lawyers to transfer the terms that have been agreed

into an official agreement, so it's crucial that the information

on these sheets is precisely what's been agreed on by all

Parties. Sometimes a lawyer will incorporate items from a

Term sheet onto an agreement template. In such a case, he

Should be careful not to include language originally in the

template that isn't appropriate.

Adverbs can be added to:

It is (particularly) important to realise ...

Please note (especially) that ...

Here, I (particularly) want to stress that...

D 2 e 3 a 4 b 5 c

15 1 The To, From and Date lines 2 Subject: In-company

Seminar on contract negotiations 3 Paragraph 1

Paragraphs 2 and 3 5 Paragraph 4

They are talking about a franchise agreement.

The two clauses they mention are the non-competition

Clause and the arbitration clause.

False 2 True 3 True 4 False

One of the techniques Arthur Johansson used was horsetrading,

I.e. trading one item (in this case, offering to be


Date: 2015-12-11; view: 1020


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