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24 Jun 2014

Developing the IACCM Commercial Contract Protocols - EU Forum 2014

D.C. Toedt's Presentation to the IACCM European Forum June 2014 around developing Commercial Contract Protocols.\r
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If you have ever included the ICC's INCOTERMS 2010 provisions in a contract (for example, FOB, FAS, EXW, etc.), you know how convenient it is to incorporate "standard" pre-defined clauses by reference.\r
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Based on his prior work (see www.OnContracts.com/common-draft), Member D.C. Toedt III and IACCM have teamed up to develop the IACCM Contract Protocols. The intent is not to develop a prescriptive 'standard' but to help contract professionals to:\r
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Draft sophisticated contracts in minutes, using plain-vanilla word processing software, with no need for complicated document-assembly software;\r
Quickly identify potential trouble spots in a Protocols-based contract by simply scanning the descriptive headings;\r
Use the Protocols as a convenient reference when drafting non-Protocols contracts;\r
Annotate copies of the Protocols to serve as negotiation "playbooks";\r
Train and coach less-experienced contract professionals.\r
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Join this session for an introduction to the protocol framework and to give your input to enhance and advance the project


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