THE SANTA CLAUSE

Corporate and Commercial / 12 December 2019

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 dvwoods@greenwoodsgrm.co.uk

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