Personal guarantee or liquidated damages
Wat dës Klausel mécht
You are personally on the hook for money beyond the business.
Firwat et Iech schued
This reaches past the business into your personal assets. A liquidated-damages figure can exceed anything you ever earned through the agency, turning a bad contract into a life-altering debt.
Wéi eng fair Versioun ausgesäit
No personal guarantee. Liability capped at fees paid over the prior 12 months.
Text, deen Dir zréckschicke kënnt
Neither party shall be personally liable beyond the scope of this Agreement. Each party's aggregate liability is limited to the total fees paid in the twelve (12) months preceding the claim.
Paste this into your reply. Asking for a specific change is far more effective than asking them to "soften" a clause.
Wéi een et entdeckt
Sich no dësen Wörter an Ärem Kontrakt:
personally guaranteeliquidated damagespersonally liableindemnifyhold harmless
Kontrolléiert Ären aktuellen Kontrakt
D'Sprooch ass an der Geschicht vun der Sprooch an der Literatur ëmmer erëm an d'Spill komm, an et gëtt ëmmer nees nei Sproochen a Sproochegruppen opgebaut.
Mengen Kontrakt iwwerpréiwenAner Saachen ze kontrolléieren
This is an automated review to help you spot common problems — not legal advice, and not a substitute for a lawyer. We can miss things, and a clause that looks fine in isolation can still be a problem in context. Have a lawyer review anything you are about to sign.