How do I draft a force majeure clause for my contract?
To draft a force majeure clause, start by defining what constitutes a force majeure event, such as natural disasters or pandemics.
What specific events should I include in the clause?
Common events include earthquakes, floods, wars, and government actions. Tailor the list to your industry.
How should I address the notice requirements in the clause?
Include a requirement for the affected party to notify the other party within a specific timeframe after the event occurs.
Can I limit the duration of the force majeure effect?
Yes, you can specify a maximum duration for the force majeure effect, after which parties may terminate the contract.
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