Course Description:-

Enroll in this Program now to specialize in Drafting and Reviewing Commercial Contracts and learn to:

• Draft, review and negotiate commercial contracts such as memoranda of understanding, share purchase agreements, share subscription agreements, asset acquisition, and joint venture agreements;

• Analyze the commercial considerations involved in such contracts; 

• Understand the role, importance, and the manner of drafting specific clauses in these agreements such as conditions precedent, indemnification, and boilerplate clauses. 

Are you a:

• Law student eager to build a career in corporate law firms or corporate litigation;

• Practicing lawyer intent on enhancing your knowledge of, and your skills at, drafting and reviewing commercial contracts; or

• Management or Finance student/professional keen to improve your understanding of the intricacies of commercial contracts in business transactions?

We recommend that you enroll in this Program now. We also recommend that you enroll in the Legal Writing, Introduction to Drafting and the Law of Contracts Programs as well, if you do not have basic legal writing skills, basic drafting skills, and a basic knowledge of contract law respectively.

Did You Know?

• That putting a financial cap in an indemnification clause is an effective tool for limiting a seller’s liability?

• That there are certain ‘boilerplate’ clauses that are present in almost every commercial contract?

• That a memorandum of understanding may be binding or non-binding on the parties?

• That ‘Russian Roulette’ is an effective mechanism to resolve deadlock situations between shareholders?

PROGRAM OUTLINE

Unit 1: Drafting a Memorandum of Understanding

• Understand the purpose, structure, and content of a ‘Memorandum of Understanding’ and a ‘term sheet’.

• Learn to analyze and review Memorandums of Understanding and term sheets.

• Learn to draft key terms for a Memorandums of Understanding and term sheets to address your requirements.

Unit 2: Drafting Share Purchase and Share Subscription Agreements

• Understand the purpose, structure and content of Share Purchase and Share Subscription Agreements. 

• Learn to analyze and review Share Purchase and Share Subscription Agreements.

• Learn to draft key clauses for Share Purchase and Share Subscription Agreements to address your requirements.

Unit 3: Drafting Shareholders Agreements

• Understand the purpose, structure and content of Shareholders Agreements. 

• Learn to analyze and review Shareholders Agreements.

• Learn to structure and draft key clauses for Shareholders Agreements to address your requirements. 

Unit 4: Drafting Asset Acquisition Agreements

• Study the documents required for an ‘asset sale’ and a ‘slump sale’ and the main terms and conditions to be included in each document.

• Learn to draft these documents based on the party you are representing.   

Unit 5: Drafting Joint Venture Agreements

• Understand the purpose of Joint Venture Agreements and identify situations where you require a joint venture in commercial transactions. 

• Learn to analyze and review Joint Venture Agreements.

• Learn to draft key terms to be included in a Joint Venture Agreement, including board representation, share transfer restrictions, and veto rights.  

Unit 6: Drafting Conditions Precedent clauses 

• Understand the purpose and content of a ‘conditions precedent’ clause. 

• Learn to draft this clause correctly based on the rationale and purpose of the parties to the transaction.

Unit 7: Drafting Representations and Warranties clauses

• Understand what ‘representations’ and ‘warranties’ are. 

• Learn to draft Representation and Warranties clauses from a seller’s perspective as well as a buyer’s perspective. 

• Understand the scope of representations and warranties based on the nature of the deal and the client you represent.

Unit 8: Drafting Indemnification Clauses

• Understand the purpose of indemnification clauses. 

• Examine the different types of indemnity clauses used in the market. 

• Understand need and rationale for different types of indemnification clauses and the key principles to be kept in mind while drafting these clauses.  

Unit 9: Drafting Boilerplate Clauses

• Understand the purpose and content of boilerplate clauses in commercial documents. 

• Learn to draft and adapt boilerplate clauses to address your requirements. 

Unit 10: Drafting Ancillary Agreements 

• Understand the different types of supplementary agreements that are integral to commercial transactions. 

• Learn about data sharing agreements, escrow agreements, and name license agreements. 

• Study how the type and nature of these agreements will differ based on the facts and circumstances of a situation.

Course Duration: 12 Weeks

For any query give a miss call:

08587999769