Annotated Obligation Provision

A Annotated Obligation Provision is an obligation provision that is an annotated provision.

• Context:
  • It can range from being an Annotated Unconditional Obligation Provision to being an Annotated Conditional Obligation Provision.
  • It can be referenced by an Obligation Provision Rule.
  • ...
• Example(s):
  • An Annotated Non-Compete Obligation Provision (non-compete obligation provision), such as:
    • “Employee agrees not to engage in any competitive business activity_{(Primary Obligation, Employee Obligation, Employee)}¹ within a 50-mile radius of Employer's main office_{(Geographic Restriction, Employer)}² for a period of 12 months following termination of employment_{(Time Duration, Obligation Fulfillment Deadline)}³," [[]], Three-Element Provision.
  • An Annotated Confidentiality Obligation Provision (confidentiality obligation provision), such as:
    • “Employee must not disclose any confidential information_{(Primary Obligation, Confidentiality Obligation, Employee Obligation, Employee)}¹," [[]], Single-Element Provision.
  • An Annotated Repair and Restoration Obligation Provision (repair and restoration obligation provision), such as:
    • “Upon casualty damage_{(Triggering Condition, Casualty Damage Event)}¹, the Lessor is to begin and continue repairs to the Leased Premises_{(Primary Obligation, Lessor Obligation, Repair Obligation, Lessor)}² in a timely and thorough manner_{(Manner of Performance, Reasonableness Standard)}³, with the aim of restoring to its prior condition_{(Restoration Standard, Pre-Casualty Condition Standard)}⁴," Casualty Repair Obligation, Four-Element Provision.
  • Annotated Indemnification Obligation Provisions (indemnification obligation provision), such as:
    • “Vendor shall indemnify, defend, and hold harmless Customera from any third-party claims arising out of Vendor's breach of this Agreement or Vendor's negligence or willful misconduct_{(Indemnification Obligation, Third-Party Claims, Indemnification Trigger, Vendor Obligation, Vendor, Customer)}¹.” Third-Party Claim Indemnification Provision, Single-Element Provision.
  • Annotated Insurance Obligation Provisions (insurance obligation provision), such as:
    • “Contractor shall maintain commercial general liability insurance with a per occurrence limit of at least $1,000,000_{(Primary Obligation, Insurance Obligation, Per Occurrence Limit, Contractor Obligation)}¹ and an annual aggregate limit of at least $2,000,000_{(Annual Aggregate Limit)}².” Annotated General Liability Insurance Provision, Two-Element Provision.
  • ...
• Counter-Example(s):
  • Raw Obligation Provision Text-Items.
• See: Legal Document Annotation, Contractual Clause, Legal Interpretation.

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