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:
| Parties | The names and contact information of the individuals or organizations entering into the contract. |
| Purpose | The reason for the contract and the specific goods or services that are being provided or received. |
| Term | The duration of the contract and the conditions under which it can be terminated. |
| Consideration | The value exchanged by the parties, such as money, goods, or services. |
| Covenants | Promises made by the parties, such as a promise to perform certain tasks or provide certain resources. |
| Conditions | Events or circumstances that must be met in order for the contract to be enforceable. |
| Warranties | Representations made by the parties about the quality or condition of the goods or services being provided. |
| Indemnification | A provision that requires one party to compensate the other for any losses or damages arising from the contract. |
| Attachments | Additional 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.