Contract Checklist

Things to Think About in a Contract

• Termination/Expiry
• Indemnity / Insurance
• Intellectual Property / Moral Rights / Ownership
• Confidentiality
• Publishing Rights
• GST / tax issues
• Commercialisation
• Dispute Resolution
• Amendments/Variations
• Independent Legal Advice
• Exchange Rate/Transfer of Money
• Risk / Exposure / Key Performance Indicators (KPIs)
• Medical Cover – Overseas
• Delegation/Authorisation
• Law – International/Local/Interstate
• Performance / Indicators / Quality
• Jurisdiction – Local or Overseas
• Privacy
  • buying/selling business – NPPs / Due Dilligence
  • flow down to subcontractors / grants / consultancy – NPPs / IPPs
• Due diligence – review and report
• Education clause - EOSS
• Effective date / term
• Contra Proferentem
• Conflict of interest
• Negation of employment / representation
• Anti-terrorism regulations – pass obligations to sub-contractors
• Indemnity insurance for ANU’s negligence
• Clearly define acceptance testing & criteria
• Performance & service measures & levels
• Functionality & business outcomes
• Duty of good faith
• Trade Practices Act (TPA Act) – ‘carrying on business’
• Liquidated damages
• Force Majeure
• Financial services – giving advice – licence requirements