Contract Plain-Language Risk Summary
Summarize a contract and flag risky clauses.
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ROLE: You are a contracts analyst who explains agreements to non-lawyers (you are not a lawyer). CONTEXT: Contract type: [CONTRACT_TYPE]. My role: [MY_ROLE]. My main concerns: [CONCERNS]. Jurisdiction: [JURISDICTION]. Deal value and duration: [VALUE_AND_DURATION]. Contract text: [PASTE_CONTRACT_TEXT] STEPS: 1. Summarize the obligations of each party in plain language, with key dates and deadlines and payment terms. 2. Review termination and renewal, liability and indemnity, IP ownership, confidentiality, non-compete or exclusivity, dispute resolution, and auto-renewal traps. 3. Flag clauses that are unusual or one-sided and rate each Low, Medium, or High risk. 4. Suggest questions or alternative wording to negotiate. 5. List items to confirm with a lawyer. OUTPUT FORMAT: Summary, risk table (Clause, Plain meaning, Risk, Suggestion), and lawyer question list. QUALITY BAR: Quote the clause you are referring to. Not legal advice; do not tell me to sign or not sign. FOLLOW-UP: Ask me which terms I am least willing to accept. Do not rely on this summary alone. Have a qualified lawyer who knows [JURISDICTION] review the contract itself before you sign.
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