Ready-made wording with thoughtful terms limiting a supplier's liability in a contract. The package contains protective provisions for the following clauses of the contract::
- Liquidated damages for delay
- Penalty for delivery of substandard or incomplete goods
- exclusivity of penalties (losses in excess of penalties are not compensated)
- liability for causing damage
- Exclusion of consequential damages and lost profits
- General limitation of liability
- Liability only if there is fault
- Exclusion of liability not provided for by contract or peremptory norms
- Exclusion of the Supplier's liability due to the Purchaser's default
- Exclusion of Supplier's liability in case of receipt of insurance payments by the Buyer
- Conditions of validity of the guarantee
- Termination of liability
- Limitation of liability does not apply
Who is it for?
- Suppliers of goods and services
- Lawyers for companies dealing with B2B contracts
- Businesses negotiating with large customers
- Startups that want to minimize legal risks
What problems does it solve?
- 1. Financial losses - protects against large lawsuits through liability limits.
- 2. Unforeseeable risks - eliminates claims for lost profits and reputational damage.
- 3. legal conflicts - reduces the risk of litigation through clear contractual terms.