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Contracts

A contract is a legally binding agreement between two or more parties that establishes rights and obligations. Some of the attributes that may be included in a contract are:

PartiesThe names and contact information of the individuals or organizations entering into the contract.
PurposeThe reason for the contract and the specific goods or services that are being provided or received.
TermThe duration of the contract and the conditions under which it can be terminated.
ConsiderationThe value exchanged by the parties, such as money, goods, or services.
CovenantsPromises made by the parties, such as a promise to perform certain tasks or provide certain resources.
ConditionsEvents or circumstances that must be met in order for the contract to be enforceable.
WarrantiesRepresentations made by the parties about the quality or condition of the goods or services being provided.
IndemnificationA provision that requires one party to compensate the other for any losses or damages arising from the contract.
AttachmentsAdditional documents that are included as part of the contract, such as specifications, drawings, or schedules.

Hypervault lets you store contracts as an encrypted file, with the possibility to add attributes with essential contract data.