Contract Review Checklist

Summary

In Abu Dhabi, as the sole legal representative for a medical equipment distributor, its crucial to understand UAE corporate law and compliance. A contract review checklist includes verifying parties, terms, payment, termination clauses, confidentiality, governing law, and dispute resolution. For drafting a supply and purchase contract, outline parties, goods, price, delivery, warranties, termination, confidentiality, governing law, and dispute resolution. Prominent arbitration institutions in Abu Dhabi include the Abu Dhabi Commercial Conciliation and Arbitration Center, Abu Dhabi Global Market Arbitration Centre, and International Chamber of Commerce - UAE Chapter. These institutions provide services for resolving commercial disputes.

Full Conversation

I am a lawyer. I was in India before and now moved to UAE.
Welcome to UAE! If you have any legal questions or need information about practicing law in Abu Dhabi, feel free to ask. Are you looking for details on how to practice law here, or do you have another legal matter in mind?
I got a job after *.5 years and i feel that i forgot most of the things
Congratulations on getting a job! If you need information about practicing law in Abu Dhabi or want to refresh your knowledge, I can help with that. Are you looking for specific legal resources or guidance on practice requirements in the UAE?
I joined a company which is a distributor for medical equipments .i am the only legal person company
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It seems like you're in a unique position as the sole legal person for a medical equipment distributor in Abu Dhabi. If you need guidance on UAE corporate law, compliance, or any legal resources to help you in your role, feel free to ask!
Can you provide me a check list for contract review
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Here’s a checklist for contract review:
- Verify Parties: Confirm the identities and legal capacities.
- Terms & Conditions: Ensure clarity and fairness.
- Payment Terms: Check for accuracy and feasibility.
- Termination Clauses: Understand exit strategies.
- Confidentiality & IP: Protect sensitive information.
- Governing Law: Verify applicable jurisdiction.
- Dispute Resolution: Outline processes for conflicts.
Feel free to ask more questions if needed!
Can you draft a contract for supply and purchase where atlas is. Supplier of consummables
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Sure! Here's a basic outline for a supply and purchase contract where Atlas is the supplier of consumables:
Supply and Purchase Agreement
*. Parties:
- Supplier: Atlas
- Purchaser: [Purchaser's Name]
*. Supply of Goods:
- Description of Consumables: [Specify the items]
- Quantity: [Specify quantity]
*. Purchase Price:
- Total Price: [Specify amount]
- Payment Terms: [Specify method and timeline]
*. Delivery:
- Delivery Date: [Specify date]
- Delivery Location: [Specify location]
*. Warranties:
- Atlas guarantees products are free from defects.
*. Termination:
- Conditions under which either party can terminate the agreement.
*. Confidentiality:
- Both parties agree to protect trade secrets and proprietary information.
*. Governing Law:
- This agreement will be governed by the laws of Abu Dhabi.
*. Dispute Resolution:
- Any disputes will be resolved through arbitration/mediation.
If you have specific terms to include or need further assistance, let me know!
What are arbitration institutions in Abu Dhabi
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In Abu Dhabi, the following are prominent arbitration institutions:
- Abu Dhabi Commercial Conciliation and Arbitration Center (ADCCAC)
- Abu Dhabi Global Market Arbitration Centre (ADGMAC)
- International Chamber of Commerce - UAE Chapter (ICC-UAE)
These institutions offer services for resolving commercial disputes. Let me know if you need more details!