Article · 12 min read

What goes into a SaaS contract playbook

Jake Stein · Common Paper Free Intermediate

It walks through the eight clauses that redlines actually land on (liability, indemnity, DPA, payment terms, auto renewal, SLAs) and gives you a default position, a fallback and an approver for each. That is exactly the document you wish you had the first time a deal went to legal.

  • A playbook covers eight clauses: liability cap, indemnification, IP and AI training data, DPA, payment terms, governing law, auto renewal, SLA.
  • Each clause needs a default you accept without discussion plus pre approved concessions tied to deal size.
  • Suggested default is liability capped at 1x annual fees, stretching to 2x above a deal size threshold.
  • Net 30 is the default, net 45 or 60 is a concession, and anything at net 90 or beyond escalates to the CFO.

The question it answers

  1. The buyer said yes, and now it is going to legal and security. What actually happens next?

Read with it

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  2. Sets your expectations honestly for the first security review you ever face: the certificate does not make the questions go... Compass IT Compliance Article · 9 min read Does SOC 2 Reduce Security Questionnaires, or Just Change Them? Derek Boczenowski
  3. Podcast · 35 min Girish Redekar: How to Leverage Security To Close Faster Enterprise Deals for Your SaaS Company #169 Girish Redekar
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