Buying and accepting
Exit clause
What the contract says happens on the day the relationship ends — written while everyone is friendly, because it is unwritable afterwards.
Also called Termination clause · Статья о выходе
The clause worth having names four things: notice, what is handed over, in what form, and by when. Handed over means accounts transferred into the company's name, source in a repository the company owns, data exported in a format that opens without the supplier's tooling, and documentation sufficient for a competent third party to continue.
The last part is the one that decides whether the rest works. “All materials will be provided on request” is satisfied by a zip file nobody can use. A clause that specifies the format and a deadline is satisfiable or breached, and the difference matters exactly once.
It is also worth writing what happens on non-payment, because that is the dispute in which the clause is actually invoked. Withholding work you have no lien over is not a strong position under UAE law — the civil code treats it as liability rather than leverage — and both sides are better served by a written sequence than by discovering that at the worst moment.
It is written at the start or not at all: after a dispute begins, neither side will agree to terms that constrain them, and the party holding the accounts has no reason to. Ten lines at signature, and they are only ever read on the one day they are worth everything.
The term is a reading taken at a point in a sequence that is already running. These are the sequences, with the place each of them jams.
- From a brief to work somebody has accepted
- A piece of paid work, travelling from the sentence that started it to the moment the buyer agrees it is finished and can carry it without the supplier. 6 steps, acceptance by demonstration is the arrangement that fails while looking reasonable.
Knowing the definition is not the same as being able to check the figure. These are the procedures that do the second thing.
- Reading a quotation for technical work
- “The whole project comes to AED 45,000, four to six weeks.” · 30 minutes, 5 questions.
A definition is free. Being answerable for the figure it produces is the part that is bought, and this term is a working part of the engagements below.
- Private consulting
- Advice you cannot act on without us is not advice.
- M&A audit and deal review
- Price the system you are buying, not the one in the data room.
The definitions are the easy part. Whether the figure on your dashboard was computed this way is a different question, and usually the more expensive one.