Contract Summary for Executives
LegalCopilot Chatcontract summaryexecutive summarylegalbusinessdecision-making
📊 Enterprise Demo Data Available
Download the data files below and upload to Copilot Chat before running this prompt.
Prompt
Summarize the uploaded contract in plain English for a busy executive who needs to understand the key terms and make a signing decision. Context: - Executive's role: [TITLE] - Contract type: [TYPE] - Contract value: [AMOUNT OR ONGOING] - Decision needed: [SIGN AS-IS / NEGOTIATE / REJECT / MORE DILIGENCE] - Time pressure: [URGENT — [DATE] DEADLINE / NO RUSH] - Key concerns from the business: [LIST 2-3 THINGS THE EXEC CARES ABOUT] Provide: 1. **60-Second Summary** — The essence of this contract in plain English. Who is doing what for whom, for how much, for how long. 2. **Commercial Terms** — Pricing, payment schedule, volume commitments, and price escalation clauses. 3. **Key Obligations** — What are WE required to do? Flag any that are onerous or unusual. 4. **Key Rights** — What can WE do under this agreement? What protections do we have? 5. **Exit Options** — How can we get out? Notice periods, termination fees, and conditions. 6. **Risk Snapshot** — Top 3 risks in this contract, rated by severity. 7. **Compared to Standard** — Is this better, worse, or typical vs. standard market terms? 8. **Decision Recommendation** — Sign / Negotiate / Push Back / Walk Away — with 2-sentence rationale. 9. **If Negotiating** — The 3 changes to ask for and what to accept as a fallback. Avoid legal jargon. Write for a decision-maker, not a lawyer.
Demo Data Files
Master Service Agreementtxt
Sample MSA contract for executive summary analysis
11_vendor_agreement_sample.txt