• Identifying the parties involved (direct and indirect)
• Importance of timeline and application for extension of time
• Execution of duties/responsibilities, including compliance with manufacturing standards, specifications and document certification
• Other details of the products and services, i.e. warranty period, other components, design and modification as well as special risks involved
• Regulating issues involving system and software, i.e. personal data protection and confidentiality
• Compliance with rules and regulations based on industry requirements
• Payment terms and related issues (currency, interest rate, etc)

• Types of termination: mutual, early, breach-based
• Legal implications of each termina􀆟on type
• Definition and examples of breach of contract
• Remedies under law and contract (e.g. damages, specific performance)
• Required documentation: termination notice, formal letters, notice period
• Liquidated Ascertained Damages (LAD): purpose, enforceability, calculation
• Importance of clear clauses and compliance procedures
• Risk mitigation through proper contract drafting and review

• Liability for defective products, software/hardware, and injury
• Limitations of liability under contract and law
• Claim and indemnity procedures (documentation, timelines, parties involved)
• Insurance procurement and coverage scope (e.g. professional indemnity, public liability)
• Choice of law: jurisdictional considerations in cross-border contracts
• Dispute resolution methods: court litigation, mediation, arbitration
• Force majeure clause: scope, triggers, and impact (e.g. pandemic/MCO scenarios)
• Risk allocation and mitigation strategies in contract drafting