Extract a resale-price clause from a supplier and distributor agreement
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Extract any clause that sets a resale price, a minimum advertised price, or a discount the distributor must give. Write no conclusion on whether the clause is lawful.
- What the lawyer must review
- Sherman Act § 1 makes a contract, combination or conspiracy in restraint of trade illegal. A clause that restricts the price at which a distributor resells is the kind of term you read under that section. No resale-price opinion was opened for this version, so do not label the clause per se unlawful or lawful under a rule of reason. Opinion 512: verify the extract against the agreement. You decide the risk and what to tell the client.
- Written for / version
- United States versionUSCth
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes extracting and organising information and preparing preliminary structure or wording. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Review operative clauses in the complete document, including definitions, cross-references, schedules and inconsistencies with the instructions.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.