Commercial Contracts

Hands on Digital Training on Drafting Commercial Contracts

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Date and Time:

October 17, 2023 2:00 PM - 5:00 PM

October 18, 2023 2:00 PM - 5:00 PM

Event Location:

Online, India

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Description

Present business requires legal professionals to be strategic thinkers and being able to handle contracts in a manner that protects the interests of their organisation. Achromic Point brings this highly informative and exclusive Hands on Digital Training on Drafting Commercial Contracts on 17th & 18th October 2023 which will focus on Legal Background and Structure, Elements in Drafting Commercial Contracts, Term and Termination, Legal Issues Arising from Contractual Clauses and much more.


Benefits of Attending:-

  • Examine assignment and novation to ensure you are suitably protected in the case of transfer or sale of rights
  • Get to grips with payments and interest terms to understand how penalties can be applied
  • Expand your knowledge of the risk of drafting a contract without a confidentiality clause
  • Understand the risks that can be created through poor drafting in practical exercises under the guidance of the expert
  • Discuss any disputes or issues you are facing with colleagues from other organisations to gain new ideas and perspectives
  • Master practical drafting techniques to write concise and effective agreements
  • Examine special contractual arrangements and letters of intent
  • Get up to date with the use and drafting of contractual warranties and indemnities
  • Understand the effect of exclusion and limitation clauses, and how they can be used to manage your exposure

Who should attend?

Heads, Directors, General Managers and Managers of:

  • Head-Contract Administration & Management
  • Head of Legal
  • Corporate Legal Counsel
  • General Counsel
  • Chief Counsel
  • Regional Counsel
  • Legal Managers
  • Corporate Legal Advisors
  • Company Secretaries
  • Senior Legal Practitioners
  • Legal Consultants
  • Lawyers

Agenda:

Date & Time Topics
17th October 2023
02.00 PM – 03.30 PM
Session 1: Negotiation Skills and Techniques

·         Key requirements of a contract

  • Contract negotiation: Tactics
  • Planning and conducting Negotiation
  • Determining the needs, rights and obligations of negotiating parties
  • Deal or no-deal situations – how to keep the options open
  • What is binding and non-binding MoUs or Term Sheets
  • The boundaries of negotiating and re-negotiating contracts
  • Key Considerations and Strategies in Drafting Cross Border Contracts
  • Basics of Structuring Foreign Collaborations and Joint Ventures
17th October 2023
03.30 PM- 05.00 PM
Session 2: Elements in Drafting Commercial Contracts & International Contracts

·         What is a Commercial Contract- The contract law fundamentals & elements

·         Difference between an MoU, a letter of intent, an agreement and a contract

·         Drafting techniques: Indemnity and risk allocations, recitals, boilerplate provisions

·         Understanding varied types and interpretations of contract clauses – force majeure, liquidated damages, risk purchase, warranty, limitation of liability, etc

·         Analyzing how letters of intent, heads of agreement and memoranda of understanding affect a contract

·         Dispute resolution clauses for use in international disputes

·         Governing law, jurisdiction and dispute resolution clauses

18th October 2023
02.00 PM – 03.30 PM
Session 3: Understanding the Arbitration Process as an Alternative Dispute Resolution Mechanism

  • Understanding & identifying dispute prone areas
  • Defining General Provisions Regulating Arbitration
  • Possible consequences and the medium of dispute resolution mechanisms
  • Remedies for disputes emerging from contracts
  • Litigation Or Arbitration – A comparative Analysis
  • ADR provision in contract
  • Role of corporate counsel in dispute management
18th October 2023
03.30 PM- 05.00 PM

Session 4: Modification, Breach & Termination of Contracts

  • Modification of a contract
  • Documentations involved in contract modification and variation, right time for “Lock-in-period”

·         Which obligations under the contract continue to be applicable even after termination?

·         How termination is connected with the term of the contract and how to draft termination clauses

  • Anticipating contractual obligations to breach of a contract
  • Filing a breach of contract complaint
  • Partial breach, material breach of contract, anticipatory breach of contract

 

Thought Leaders:

  • Arrchana A Panchall
    Partner
    JSA Advocates & Solicitors
  • Arti Narsana
    Of – Counsel
    Vaish Associates Advocates
  • Sahil Kanuga
    Co-Head, International Dispute Resolution & Investigations Practice
    Nishith Desai Associates
  • Sai Srujan Tayi
    Partner
    Giridhar & Sai, Advocates
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