THE SANTA CLAUSE
As a seasonal gift to our readers we have set out a number of clauses often found in commercial contracts with an explanation of how they work:
The Santa Clause : a provision in which you give it all away to the other side.
The Plastic Surgery Clause : a provision where you cut off your nose to spite your face.
The Brexit Clause : a clause about the time for delivery of the goods or services with a completion date that keeps rolling forward and may never come.
The Jose Mourinho Clause : a provision, a special one, in which one party promises he will never work for your competitors, but it only applies until they offer him the job.
The Viagogo Clause : a provision relating to pricing where the price to you is the cost price plus a huge mark up.
The Pay Day Lending Clause : a provision where it’s ok not to pay on time so long as you pay interest at an extortionate rate.
The Ole Gunnar Solskjaer Clause : a contract where there is outstanding performance in the trial period but where the service levels go downhill fast once the trial period is over.
Call David Woods on +44 (0)1733 887793 or email firstname.lastname@example.org
This update is for general purposes and guidance only and does not constitute legal or professional advice. You should seek legal advice before relying on its content. This update relates to the prevailing circumstances at the date of its original publication and may not have been updated to reflect subsequent developments. If you have general queries about our updates, please email: email@example.com