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5 Key Areas to Review in Clinical Trial Agreements
Manage episode 469819636 series 3506216
Contract issues are more common than you think. Edye Edens shares the five critical areas you should always review before signing:
- Basic Details & Formatting – Ensure names, dates, and references are correct, pages are in order, and there are no typos or inconsistencies from previous templates.
- Appendices & Exhibits – Verify that referenced documents, such as addendums, exhibits, and budgets, are included and properly linked to the contract.
- Budget & Payment Terms – Clarify payment schedules, invoice requirements, dispute procedures, and financial obligations to avoid misunderstandings.
- Choice of Law & Jurisdiction – Understand which state or country governs the contract and whether arbitration or legal obligations align with your interests.
- Termination Clauses – Review conditions for ending the contract, including payment responsibilities, study impacts (for clinical trials), and notice periods.
A thorough review of these areas can prevent costly mistakes. Need expert guidance? Call us.
www.kulkarnilawfirm.com
304 episodes
Manage episode 469819636 series 3506216
Contract issues are more common than you think. Edye Edens shares the five critical areas you should always review before signing:
- Basic Details & Formatting – Ensure names, dates, and references are correct, pages are in order, and there are no typos or inconsistencies from previous templates.
- Appendices & Exhibits – Verify that referenced documents, such as addendums, exhibits, and budgets, are included and properly linked to the contract.
- Budget & Payment Terms – Clarify payment schedules, invoice requirements, dispute procedures, and financial obligations to avoid misunderstandings.
- Choice of Law & Jurisdiction – Understand which state or country governs the contract and whether arbitration or legal obligations align with your interests.
- Termination Clauses – Review conditions for ending the contract, including payment responsibilities, study impacts (for clinical trials), and notice periods.
A thorough review of these areas can prevent costly mistakes. Need expert guidance? Call us.
www.kulkarnilawfirm.com
304 episodes
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