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2. Automatic renewal clause - Wikipedia

   en.wikipedia.org/wiki/Automatic_Renewal_Clause

   An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...

3. Term sheet - Wikipedia

   en.wikipedia.org/wiki/Term_sheet

   Term sheets are very similar to "letters of intent" (LOI) in that they are both preliminary, mostly non-binding documents meant to record two or more parties' intentions to enter into a future agreement based on specified (but incomplete or preliminary) terms. The difference between the two is slight and mostly a matter of style: an LOI is ...

4. Side letter (contract law) - Wikipedia

   en.wikipedia.org/wiki/Side_letter_(contract_law)

   Side letters may also be used in relation to private fund contracts, for example a particular investor may wish to vary the terms of a limited partnership agreement with respect to that particular investor. An investor might be seeking more favourable terms under the contract or might need the side letter to enter the venture under terms to ...

5. Addendum - Wikipedia

   en.wikipedia.org/wiki/Addendum

   An Additional Agreement to a contract is often an addendum to a contract and is simply referred to as being an extension or addition to a main contract. In today's business world additional authorisation subjects such as company seals are not usually required unless stipulated in the original agreement.

6. Letter of intent - Wikipedia

   en.wikipedia.org/wiki/Letter_of_intent

   A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement , term sheet or memorandum of understanding .

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