Extract the term and renewal clauses before any end-of-term notice
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Copy Item 17 rows for length of term, renewal or extension, and requirements to renew, with the agreement section and page. Write no notice.
- What the lawyer must review
- Part 436 as opened does not set a period for notifying a franchisee that the term is ending. Item 17 of 16 C.F.R. section 436.5 requires the table, and the renewal summary must say what renewal means, including, if applicable, that franchisees may be asked to sign a contract with materially different terms. The lawyer writes any notice. Do not import an Australian code period.
- Written for / version
- United States versionUS
Who does what
| Role | What they do |
|---|---|
| Assistance | Do not begin AI assistance until the responsible lawyer has defined and confirmed its 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.
Related tasks
Draft or review a franchise disclosure document against the prescribed headingsCheck the franchisor's disclosure and any registration the jurisdiction requiresDraft or review a franchise agreement from the disclosure and the term sheetBuild a franchisee due-diligence issues list from the disclosure pack