Bonterms is simplifying commercial contracting through Standard Agreements. Our Standard Agreements let the parties start from a balanced foundation and negotiate by Cover Page, not redlines. The Bonterms Platform leverages our Standard Agreements to take collaborative dealmaking to the next level. Bonterms is lawyer-led and funded by XYZ Capital and Wilson Sonsini.
The BAA was drafted by the Bonterms Standard Agreement Committee. The BAA went through nine major drafts and multiple meetings, surveys and discussions over seven months.
- Review the BAA with your lawyer.
- Prepare your Cover Page (example). Identify the following:
- Parties: Customer and Business Associate
- Key Terms: Main Agreement and BAA Effective Date.
- Additional Terms: Any changes to or modifications of the BAA
- Send your Cover Page to your counterparty.
- Negotiate the Cover Page.
- Sign the Cover Page and create your BAA!
The BAA and all other Bonterms Standard Agreements are free to use under CC BY 4.0.
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