Review Contracts
Complete step-by-step checklist to review contracts covering read contract terms fully and confirm dates and payments, and essential action items.
Read contract terms fully
Read every line of the contract including fine print sections
Confirm dates and payments
Double check start/end dates, costs, and payment schedules
Identify termination rules
Check penalty fees and notice days required to cancel
Negotiate contract terms
Ask other party to change clauses that seem unfair
Sign and archive contracts
Sign and keep a scanned PDF copy on secure drive
Check auto-renew clauses
Confirm if contract renews automatically at period end
Verify late payment penalties
Check if late payments trigger interest charges
Verify dispute resolution rules
Read contract arbitration clauses for resolving conflicts
Save contact info of signees
Record email and phone of other signee in contract files
Review contract active status
Set alert reminders 30 days before contract expiry date
Confirm intellectual property rights ownership
Verify who owns code or designs produced under agreement
Check contract liability limit caps
Confirm maximum damages are capped at contract values
Verify non-compete boundary geographies rules
Check geographical and duration limits on non-competes
Verify governing law jurisdiction clauses
Confirm which state court handles legal disputes
Audit subcontractor authorization checkmarks
Check if contract allows hiring third-party helpers
Verify exhibit attachment listings documents
Ensure all annexes and pricing grids are physically attached