It is essential for every company to have three key documents related to contracts:
1) Templates (separate post)
2) Exhibits
3) Playbooks (separate post)
I will soon share downloadable samples of exhibits.
Exhibits
These are short templates that focus on a specific self-contained topic, such as ‘cybersecurity and privacy’ or ‘insurance’.
Exhibits make contract templates modular and allow flexibility. They can be added to relevant contracts, irrespective of whether it’s a company’s template or the vendor’s.
Common exhibits are:
a) Cybersecurity
b) Service level agreement (SLA)
c) Insurance
procurement simplified 