# Key Terms to Extract

## Financial Terms
- Payment amount and schedule
- Rate increases or bonuses
- Expense reimbursement
- Late payment penalties
- Price adjustments

## Duration and Termination
- Contract length
- Renewal terms (automatic or manual)
- Termination conditions
- Notice period required
- Termination fees or penalties

## Intellectual Property
- Work-for-hire provisions
- IP ownership (who owns what)
- IP assignment clauses
- License grants
- Pre-existing IP protections

## Liability and Indemnification
- Liability caps
- Indemnification obligations
- Insurance requirements
- Warranty disclaimers

## Other Critical Terms
- Non-compete clauses
- Confidentiality obligations
- Dispute resolution (arbitration, jurisdiction)
- Governing law
- Amendment procedures