Contract Clause Negotiation Tips

Summary

When negotiating contract clauses, ensure terms are clear and fair. Propose amendments for compensation if changes impact performance. Document all discussions and changes. Clarify what constitutes impacting performance standards or deadlines. Seek mutual agreement to avoid disputes. Consider consulting a lawyer for personalized advice and to review or draft clauses.

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my name is romeo : Added “The Vendor agrees that, after consultation, David Jones may relocate or alter all or any part of the Fit-Out at any time at David Jones’ sole discretion”. Cannot Agree - “The Vendor will not be entitled to compensation or damages except where those changes directly impact the Vendor's ability to meet agreed performance standards or deadlines."
It sounds like you’re dealing with a contractual issue regarding the terms of a fit-out agreement with David Jones. You want to ensure that compensation or damages are addressed if changes affect performance standards or deadlines.
Was this clause part of a draft contract or an existing agreement?
yes
Thanks for the details, Romeo. It seems you have concerns about a contractual clause in a draft agreement with David Jones. Here are some general points to consider:
- Review the Contract: Ensure all terms are clear and fair.
- Negotiate Terms: Propose amendments to the clause for compensation if changes impact performance.
- Legal Advice: Consider consulting a lawyer for personalized advice.
Do you need help finding a legal professional or more information on contract law?
This was requested ''he Vendor will not be entitled to compensation or damages except where those changes directly impact the Vendor's ability to meet agreed performance standards or deadlines."...
Romeo, it looks like you're dealing with a contract negotiation issue. Here’s what you can do:
- Propose a Clause Amendment: Suggest adding the clause you mentioned to ensure compensation if changes impact your performance standards or deadlines.
- Document All Changes: Keep a record of any discussions and changes proposed.
Would you like more detailed information on how to negotiate contract terms effectively?
This what they came with'' The Vendor agrees that, after consultation, David Jones may relocate or alter all or any part of the Fit-Out at any time at David Jones’ sole discretion”.
Hi Romeo! It looks like you're trying to negotiate a specific clause in a draft contract with David Jones regarding compensation for changes impacting performance. Here's what you can do:
- Propose a Clause Amendment: Suggest adding a clause like: "The Vendor will be entitled to compensation or damages where changes impact the Vendor's ability to meet agreed performance standards or deadlines."
- Document All Changes: Record any discussions and proposed changes.
Would you like more details on specific negotiation strategies or contract law in Victoria?
yes
Hi Romeo! Here are a few negotiation strategies and points relevant to contract law in Victoria:
- Clarify Terms: Clearly define what constitutes "impacting performance standards or deadlines."
- Seek Mutual Agreement: Ensure both parties agree to the terms to avoid future disputes.
- Legal Advice: Consult a lawyer to draft or review the amended clause.
Would you like assistance finding a legal professional in Victoria?
no
Hi Romeo! It looks like you're on the right track with your contract negotiations. Just a few more points to consider:
- Clarify Compensation: Be specific about what compensation entails.
- Mutual Understanding: Ensure both parties understand the implications of the clause.
Would you like more information on drafting clear contract terms?