Legal Contract Review Checklist for SMEs

Create a comprehensive contract review checklist for [COMPANY NAME], an SME in the [INDUSTRY] sector with [NUMBER] employees, reviewing a [CONTRACT TYPE] contract with [COUNTERPARTY].\\\\\\\\n\\\\\\\\n**Contract Value:** R$ [AMOUNT] | **Term:** [DURATION]\\\\\\\\n\\\\\\\\n**Organize the checklist into the following categories:**\\\\\\\\n\\\\\\\\n1) **Party Identification** (5 items):\\\\\\\\n   - Active registration with the relevant authority?\\\\\\\\n   - Legal representative with authority to sign?\\\\\\\\n   - Background checks on counterparty\\\\\\\\n\\\\\\\\n2) **Purpose and Scope** (8 items):\\\\\\\\n   - Clear and complete description of subject matter?\\\\\\\\n   - Express exclusions?\\\\\\\\n   - Objective acceptance criteria?\\\\\\\\n\\\\\\\\n3) **Financial Terms** (10 items):\\\\\\\\n   - Defined adjustment index?\\\\\\\\n   - Proportionate or abusive penalties?\\\\\\\\n   - Are required guarantees reasonable?\\\\\\\\n   - Payment terms compatible with cash flow?\\\\\\\\n\\\\\\\\n4) **Obligations and Liability** (8 items):\\\\\\\\n   - Balanced obligations between parties?\\\\\\\\n   - Limitation of liability present?\\\\\\\\n   - Required insurance coverage?\\\\\\\\n\\\\\\\\n5) **Risk Clauses** (12 items):\\\\\\\\n   - Exclusivity clause?\\\\\\\\n   - Disproportionate non-compete?\\\\\\\\n   - Automatic renewal?\\\\\\\\n   - Unfavorable jurisdiction?\\\\\\\\n   - Mandatory arbitration (high cost)?\\\\\\\\n   - Free assignment to third parties?\\\\\\\\n\\\\\\\\n6) **Legal Compliance** (8 items):\\\\\\\\n   - LGPD: data processing addressed?\\\\\\\\n   - Consumer Protection Code: abusive clauses (Art. 51)?\\\\\\\\n   - Labor Law: employment relationship risk?\\\\\\\\n\\\\\\\\n7) **Termination and Closure** (6 items):\\\\\\\\n   - Reasonable notice period?\\\\\\\\n   - Proportionate termination penalty?\\\\\\\\n   - Disposition of data and materials?\\\\\\\\n\\\\\\\\nFor each item, classify: [GREEN] Acceptable | [YELLOW] Negotiate | [RED] High Risk.\\\\\\\\n\\\\\\\\nInclude a final section on \\\\\\\\