The Importance Of Boilerplate Clauses

What is a Boilerplate clause?

"Boilerplate" is a term used to describe clauses that are usually found at the beginning and end of most corporate legal agreements or contracts which deal with the mechanics of legal points that are relevant to the transaction. Boilerplate clauses are predominantly standard and often viewed as miscellaneous provisions in an agreement. These clauses are generally found in most agreements to provide instructions or clarifications on how to act in a variety of situations and to govern the relationship between the parties. Boilerplate clauses provide certainty in the event any terms of the agreement are disputed.

Examples of Boilerplate clauses

Common boilerplate clauses found in standard english contracts or agreements are as set out below. Please note that this list is not exhaustive and does not provide a comprehensive list of all boilerplate clauses.