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University of Minnesota Law School Contracts Drafting Seminar Spring 2011. March 8, 2011 Class 8 Adjunct Associate Professor Helen Winder. Syllabus Revised. Exemplar Assignment replaced with Buyer to Supplier Agreement + Memo Available on TWEN. 5 W’s. Your contract should answer the 5 W’s
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University of Minnesota Law SchoolContracts Drafting SeminarSpring 2011 March 8, 2011 Class 8 Adjunct Associate Professor Helen Winder
Syllabus Revised Exemplar Assignment replaced with Buyer to Supplier Agreement + Memo Available on TWEN
5 W’s • Your contract should answer the 5 W’s • Who • What • When • Where • Why
Plus • How
What’s Needed? • Background (why) • Confidentiality • Return of documents • Non-raiding • Non-solicitation • Payment • Limitations • Signing
PROMISSORY NOTE • Promise to pay • Amount • Interest]Date • Terms of repayment • Default • Acceleration • Remedies
Mid Term Drafting Assignment • Buyer to Supplier redraft • Memo • Due March 29, 2011!!