Price Revision Clause Template
This template is offered by
BOLD
đź’°
If the revision is index-free
‍
The price of services may be revised by the Service Provider. The Service Provider undertakes to inform the Customer of any price changes by any written means, with a minimum of Maximum period to inform on price revision months before the new prices come into effect.
‍
If the customer does not accept the new prices, he/she must terminate the contract subject to the notice period specified in the "Duration" article.
‍
The customer is deemed to have accepted the new prices if he uses the services after they come into force.
If the revision is based on an index
‍
The Parties agree that the price of the services may be revised on each anniversary date of the contract, obtained by reference to the index Index (the "Index"), in accordance with the following formula :
‍
P1 = P0 * I1 / I0
... in which:
- P0 is the pre-revision price,
- I0 is the last index published on the date on which the pre-revision price was determined,
- I1 is the last index published on the revision date,
- P1 is the post-revision price.
This template is offered by
BOLD is the first law firm in Paris dedicated to supporting startups.
How to use this clause
Generate and use this clause template simply and free of charge via Tomorro.
our customers
talk about it
better than us
"Tomorro has dramatically improved our ability to manage contracts accurately and quickly. Its intuitive interface and robust feature set perfectly match the requirements of our industry.”
"Tomorro is a great tool for people on the team who need to draft agreements but don't come from a legal background.”
"The support and responsiveness of Tomorro's teams made all the difference.”
"Tomorro has become an indispensable tool in the day-to-day work of our team, guaranteeing speed in the contractualization process and making it easier to follow negotiations through to signature.”
"We opted for Tomorro for its easy-to-implement tool, which we deployed across the legal and sales teams to streamline our contract drafting and negotiation processes.”
"Tomorro has changed my daily life, and is enabling Lano to absorb the volume of contracts linked to the company's growth."
1000+ companies manage their contracts with Tomorro
