Knowledge Hub
Find all procurement policies, guides, and resources in one place.
Clause | Category | Position | Jurisdiction | Owner | Used in | Last updated | |
|---|---|---|---|---|---|---|---|
Limitation of Liability — 12 month fee capCaps each party's aggregate liability at the fees paid in the 12 months preceding the claim, with standard carve-outs. | Liability | Preferred | Global | Legal — Commercial | 142 contracts | Jun 18, 2026 | |
Termination for Convenience — 30 daysCustomer may terminate any Order Form on 30 days' written notice with a pro-rata refund of prepaid fees. | Termination | Preferred | Global | Legal — Commercial | 118 contracts | May 2, 2026 | |
Data Processing — Sub-processor notificationSupplier must give 30 days' notice before appointing a new sub-processor and Customer may object. | Data Protection | Preferred | EU / UK | Privacy Office | 96 contracts | Jul 11, 2026 | |
Audit Rights — Annual, on noticeOne audit per twelve month period on 10 business days' notice, or on demand following a security incident. | Compliance | Acceptable | Global | Internal Audit | 41 contracts | Mar 27, 2026 | |
Payment Terms — Net 60Undisputed invoices payable 60 days from receipt of a valid invoice referencing a PO. | Payment | Preferred | Global | Finance — AP | 203 contracts | Jan 15, 2026 | |
IP Ownership — Work product assigned to CustomerAll deliverables created under a SOW vest in Customer; supplier retains pre-existing IP. | IP | Preferred | Global | Legal — IP | 58 contracts | Apr 9, 2026 | |
Mutual Confidentiality — 3 years post-termStandard mutual obligation surviving three years after termination; trade secrets indefinitely. | Confidentiality | Preferred | Global | Legal — Commercial | 176 contracts | Nov 30, 2025 | |
Auto-renewal — Opt-out with 90 days' noticeTerm renews automatically unless notice is given 90 days before the end date. Flagged as non-standard. | Termination | Non-standard | Global | Procurement Ops | 27 contracts | Feb 20, 2026 |