What’s Market

Contract-term benchmarks from SEC EDGAR

Every statistic below is computed live from material commercial contracts filed as 8-K EX-10 exhibits, extracted by LLM agents and linked to the source document. Filter, read the distribution, cite the row. Methodology and caveats in the footnote; narrative findings in the pilot report.

Type
Industry
Filed

Aggregate liability cap

“No cap” = liability addressed, no aggregate cap. “Silent” = no liability language in the filed exhibit.

Cap structure, when capped

Fees-multiple caps:

Carved out of the cap

Liabilities excluded from the cap (uncapped exposure). A contract can carve out several.

Consequential-damages waiver

Indemnification

Termination for convenience

“Not present” = neither party may walk away without cause.

Auto-renewal

Opt-out notice required (days):

Initial term

“Unspecified” includes perpetual and until-terminated structures.

Governing law

The rows behind the numbers

FilerTypeFiledCapBasisCDWIndemnityTFCRenewsTermLaw[***]ConfSrc