Payment Terms
HighClause foundFees are payable Net 60 from Client’s acceptance of each deliverable, which acceptance shall not be unreasonably withheld.
Long payment float plus subjective acceptance can delay cash.
Worth clarifying when payment is due, what triggers it, and what happens if a milestone is delayed.
IP transfer timing
MediumClause foundAll work product and intellectual property created under this SOW transfers to Client upon delivery.
Ownership moving before full payment can reduce leverage on open invoices.
Worth clarifying when ownership of deliverables transfers relative to full payment.
Scope changes and revisions
HighMay be unclear or missingVague revision language can turn a fixed fee into unpaid labor.
Worth clarifying how many revision rounds are included and how out-of-scope work is handled.