{"component": "clause", "props": {"groups": [{"size": 98, "samples": [{"hash": "hqWBqd32mEn", "uri": "/contracts/hqWBqd32mEn#fair-and-reasonable", "label": "Construction Contract", "score": 36.3347816467, "published": true}, {"hash": "6vvjgXgmKsQ", "uri": "/contracts/6vvjgXgmKsQ#fair-and-reasonable", "label": "Construction Contract", "score": 34.7670516968, "published": true}, {"hash": "e4oPKD6iQBT", "uri": "/contracts/e4oPKD6iQBT#fair-and-reasonable", "label": "Construction Contract", "score": 33.5207176208, "published": true}], "snippet": "The Contractor has carefully examined and analyzed the Site, the Contract Documents, and all known factors related to his ability to complete this project within the Contract Time stipulated. By submitting his bid for this project, the Contractor agrees that the stipulated Contract Time is fair and reasonable.", "snippet_links": [{"key": "the-site", "type": "clause", "offset": [51, 59]}, {"key": "the-contract-documents", "type": "definition", "offset": [61, 83]}, {"key": "related-to", "type": "clause", "offset": [107, 117]}, {"key": "ability-to", "type": "clause", "offset": [122, 132]}, {"key": "the-contract-time", "type": "clause", "offset": [162, 179]}, {"key": "the-contractor-agrees", "type": "clause", "offset": [232, 253]}], "hash": "614019388af892afb69422d46ebdb2ef", "id": 1}, {"size": 63, "samples": [{"hash": "3ylSy5jAXnT", "uri": "/contracts/3ylSy5jAXnT#fair-and-reasonable", "label": "Settlement Agreement", "score": 35.2430000305, "published": true}, {"hash": "bOE9Tq2TwjN", "uri": "/contracts/bOE9Tq2TwjN#fair-and-reasonable", "label": "Settlement Agreement", "score": 34.9414138794, "published": true}, {"hash": "GX7OF8YGIV", "uri": "/contracts/GX7OF8YGIV#fair-and-reasonable", "label": "Settlement Agreement", "score": 26.6399726868, "published": true}], "snippet": "The Parties and their counsel believe that this Agreement is a fair and reasonable compromise of the disputed claims, it is in the best interests of the Parties, and have arrived at this Agreement as a result of extensive arms-length negotiations.", "snippet_links": [{"key": "this-agreement", "type": "clause", "offset": [43, 57]}, {"key": "disputed-claims", "type": "clause", "offset": [101, 116]}, {"key": "interests-of-the-parties", "type": "clause", "offset": [136, 160]}], "hash": "960bda3badc6e5865476e3c0434851fb", "id": 2}, {"size": 16, "samples": [{"hash": "WwViTmUYKE", "uri": "/contracts/WwViTmUYKE#fair-and-reasonable", "label": "Construction Management Agreement", "score": 32.8100204468, "published": true}, {"hash": "f0dkjM8y12w", "uri": "/contracts/f0dkjM8y12w#fair-and-reasonable", "label": "Construction Management Agreement", "score": 32.3980331421, "published": true}, {"hash": "5QHW3pm6j55", "uri": "/contracts/5QHW3pm6j55#fair-and-reasonable", "label": "Construction Management Agreement", "score": 31.5207195282, "published": true}], "snippet": "The CM/GC has carefully examined and analyzed the Site, the Contract Documents, and all known factors related to his ability to complete this project within the Contract Time stipulated. By submitting his bid for this project, the CM/GC agrees that the stipulated Contract Time is fair and reasonable.", "snippet_links": [{"key": "the-site", "type": "clause", "offset": [46, 54]}, {"key": "the-contract-documents", "type": "definition", "offset": [56, 78]}, {"key": "related-to", "type": "clause", "offset": [102, 112]}, {"key": "ability-to", "type": "clause", "offset": [117, 127]}, {"key": "the-contract-time", "type": "clause", "offset": [157, 174]}], "hash": "2017e319541646ee97685698be2f1f65", "id": 5}, {"size": 22, "samples": [{"hash": "97p0skKbwV2", "uri": "/contracts/97p0skKbwV2#fair-and-reasonable", "label": "Employment Agreement (Zion Oil & Gas Inc)", "score": 30.3620815277, "published": true}, {"hash": "iYS8uhAb5KC", "uri": "/contracts/iYS8uhAb5KC#fair-and-reasonable", "label": "Employment Agreement (Zion Oil & Gas Inc)", "score": 29.6064338684, "published": true}, {"hash": "1rp4ru1OONE", "uri": "/contracts/1rp4ru1OONE#fair-and-reasonable", "label": "Employment Agreement (Zion Oil & Gas Inc)", "score": 28.4976043701, "published": true}], "snippet": "The parties confirm that the provisions contained in Sections 11.4 and 11.5 are fair and reasonable and that all such payments shall be in full satisfaction of all claims which the Employee may otherwise have at law against the Company including, or in equity by virtue of such termination of employment.", "snippet_links": [{"key": "the-parties", "type": "definition", "offset": [0, 11]}, {"key": "the-provisions", "type": "clause", "offset": [25, 39]}, {"key": "contained-in", "type": "definition", "offset": [40, 52]}, {"key": "payments-shall-be", "type": "clause", "offset": [118, 135]}, {"key": "satisfaction-of-all-claims", "type": "clause", "offset": [144, 170]}, {"key": "the-employee", "type": "clause", "offset": [177, 189]}, {"key": "the-company", "type": "definition", "offset": [224, 235]}, {"key": "termination-of-employment", "type": "clause", "offset": [278, 303]}], "hash": "88a405a1eb7d8674f8103d4d5a72933d", "id": 4}, {"size": 12, "samples": [{"hash": "h5TQDVbJYoc", "uri": "/contracts/h5TQDVbJYoc#fair-and-reasonable", "label": "Employment Agreement (Imax Corp)", "score": 23.1464748383, "published": true}, {"hash": "bokNZz0v1kM", "uri": "/contracts/bokNZz0v1kM#fair-and-reasonable", "label": "Employment Agreement (Imax Corp)", "score": 18.0, "published": true}, {"hash": "4tSMg4yzHvn", "uri": "/contracts/4tSMg4yzHvn#fair-and-reasonable", "label": "Employment Agreement (Imax Corp)", "score": 18.0, "published": true}], "snippet": "The parties confirm that notice and pay in lieu of notice provisions contained in Subsection 4.1.1 are fair and reasonable and the parties agree that upon any termination of this Agreement Without Cause, the Employee shall have no action, cause of action, claim or demand against the Company or Imax or any other person as a consequence of such termination other than to enforce Section 4.1.1.", "snippet_links": [{"key": "notice-provisions", "type": "clause", "offset": [51, 68]}, {"key": "contained-in", "type": "definition", "offset": [69, 81]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [127, 149]}, {"key": "termination-of-this-agreement", "type": "clause", "offset": [159, 188]}, {"key": "without-cause", "type": "definition", "offset": [189, 202]}, {"key": "the-employee-shall", "type": "clause", "offset": [204, 222]}, {"key": "no-action", "type": "clause", "offset": [228, 237]}, {"key": "cause-of-action", "type": "clause", "offset": [239, 254]}, {"key": "claim-or-demand", "type": "definition", "offset": [256, 271]}, {"key": "the-company", "type": "definition", "offset": [280, 291]}, {"key": "any-other-person", "type": "definition", "offset": [303, 319]}, {"key": "termination-other-than", "type": "clause", "offset": [345, 367]}, {"key": "section-411", "type": "clause", "offset": [379, 392]}], "hash": "7d1ccbb687baf8278213e0a1abcebe3d", "id": 9}, {"size": 15, "samples": [{"hash": "2uRnsQHQWKH", "uri": "/contracts/2uRnsQHQWKH#fair-and-reasonable", "label": "Collective Bargaining Agreement", "score": 31.6772060394, "published": true}, {"hash": "l8jjSYy5ElG", "uri": "/contracts/l8jjSYy5ElG#fair-and-reasonable", "label": "Collective Bargaining Agreement", "score": 31.6169166565, "published": true}, {"hash": "d0PFffLdjKq", "uri": "/contracts/d0PFffLdjKq#fair-and-reasonable", "label": "Collective Bargaining Agreement", "score": 27.8837738037, "published": true}], "snippet": "The University agrees that, in the exercise of its rights as set out above, it must act in a fair and reasonable manner.", "snippet_links": [{"key": "the-university-agrees", "type": "clause", "offset": [0, 21]}, {"key": "exercise-of", "type": "clause", "offset": [35, 46]}, {"key": "set-out", "type": "definition", "offset": [61, 68]}, {"key": "reasonable-manner", "type": "definition", "offset": [102, 119]}], "hash": "2d9b349e5c23c059b2014f8f42b540df", "id": 6}, {"size": 13, "samples": [{"hash": "ht1g581zuyX", "uri": "/contracts/ht1g581zuyX#fair-and-reasonable", "label": "Executive Employment Agreement (Lululemon Athletica Inc.)", "score": 29.5585212708, "published": true}, {"hash": "aR1a7MkfbLF", "uri": "/contracts/aR1a7MkfbLF#fair-and-reasonable", "label": "Executive Employment Agreement (Lululemon Athletica Inc.)", "score": 26.9356613159, "published": true}, {"hash": "7la3b9gEYzM", "uri": "/contracts/7la3b9gEYzM#fair-and-reasonable", "label": "Executive Employment Agreement (Lululemon Athletica Inc.)", "score": 26.6892547607, "published": true}], "snippet": "The parties agree that the provisions of Section 5.03 are fair and reasonable and that the amounts payable by the Company to the Executive or for the Executive\u2019s benefit pursuant to Section 5.03 are reasonable.", "snippet_links": [{"key": "the-parties-agree-that", "type": "clause", "offset": [0, 22]}, {"key": "the-provisions-of-section", "type": "clause", "offset": [23, 48]}, {"key": "payable-by-the-company", "type": "clause", "offset": [99, 121]}, {"key": "to-the-executive", "type": "clause", "offset": [122, 138]}, {"key": "pursuant-to-section", "type": "clause", "offset": [170, 189]}], "hash": "97417848d5cd4cd054750d3e9885ac3e", "id": 7}, {"size": 24, "samples": [{"hash": "2haREAllPQh", "uri": "/contracts/2haREAllPQh#fair-and-reasonable", "label": "Executive Employment Agreement (CV Sciences, Inc.)", "score": 33.4804916382, "published": true}, {"hash": "26aZywc9xB8", "uri": "/contracts/26aZywc9xB8#fair-and-reasonable", "label": "Executive Employment Agreement (CV Sciences, Inc.)", "score": 33.4804916382, "published": true}, {"hash": "gNB6LpA0jZX", "uri": "/contracts/gNB6LpA0jZX#fair-and-reasonable", "label": "Executive Employment Agreement (CV Sciences, Inc.)", "score": 32.4907608032, "published": true}], "snippet": "Executive has carefully read and considered the provisions of this Section 5 and, having done so, agrees that the restrictive covenants in this Section 5 impose a fair and reasonable restraint on Executive and are reasonably required to protect the interests of the Company, its Affiliates and their respective officers, directors, employees and stockholders. It is further agreed that the Company and Executive intend that such covenants be construed and enforced in accordance with the changing activities, business and locations of the Company throughout the term of these covenants.", "snippet_links": [{"key": "section-5", "type": "clause", "offset": [67, 76]}, {"key": "the-restrictive-covenants", "type": "clause", "offset": [110, 135]}, {"key": "reasonable-restraint", "type": "clause", "offset": [172, 192]}, {"key": "interests-of-the-company", "type": "clause", "offset": [249, 273]}, {"key": "it-is-further-agreed-that", "type": "clause", "offset": [360, 385]}, {"key": "company-and-executive", "type": "clause", "offset": [390, 411]}, {"key": "in-accordance-with", "type": "definition", "offset": [465, 483]}, {"key": "term-of", "type": "clause", "offset": [562, 569]}], "hash": "a97d568fad83b755260ba868bd19e7c1", "id": 3}, {"size": 10, "samples": [{"hash": "k0exq91DYFb", "uri": "/contracts/k0exq91DYFb#fair-and-reasonable", "label": "Executive Consulting Agreement (Star Gold Corp.)", "score": 32.3429145813, "published": true}, {"hash": "bl81TXCaNZs", "uri": "/contracts/bl81TXCaNZs#fair-and-reasonable", "label": "Executive Consulting Agreement (Star Gold Corp.)", "score": 32.3429145813, "published": true}, {"hash": "9t2lTOoULve", "uri": "/contracts/9t2lTOoULve#fair-and-reasonable", "label": "Executive Consulting Agreement (Star Gold Corp.)", "score": 32.3429145813, "published": true}], "snippet": "The Executive has carefully read and considered the provisions of this Section 11, and having done so, agrees that the restrictions set forth in this Section 11 are fair and reasonable and are reasonably required for the protection of the interests of the Company.", "snippet_links": [{"key": "the-executive", "type": "clause", "offset": [0, 13]}, {"key": "section-11", "type": "definition", "offset": [71, 81]}, {"key": "the-restrictions", "type": "clause", "offset": [115, 131]}, {"key": "interests-of-the-company", "type": "clause", "offset": [239, 263]}], "hash": "a763b960e8ee48c8cf8493d67b20cf9f", "id": 10}, {"size": 12, "samples": [{"hash": "dnBNj5mGh44", "uri": "/contracts/dnBNj5mGh44#fair-and-reasonable", "label": "Executive Employment Agreement (Lululemon Athletica Inc.)", "score": 31.2313480377, "published": true}, {"hash": "ht1g581zuyX", "uri": "/contracts/ht1g581zuyX#fair-and-reasonable", "label": "Executive Employment Agreement (Lululemon Athletica Inc.)", "score": 29.5585212708, "published": true}, {"hash": "iuabdM31hZy", "uri": "/contracts/iuabdM31hZy#fair-and-reasonable", "label": "Executive Employment Agreement (Lululemon Athletica Inc.)", "score": 29.4106769562, "published": true}], "snippet": "The Executive acknowledges and agrees that the payments and/or benefits pursuant to this Article 5 will be in full satisfaction of all terms or requirements regarding termination of the Executive\u2019s employment, including without limitation common law notice of termination or compensation in lieu of such notice and compensation for length of service and any other entitlement pursuant to the British Columbia Employment Standards Act as amended from time to time. Except as expressly provided in this Article 5, the Executive will not be entitled to any termination payments, damages, or compensation whatsoever, notwithstanding any changes in the terms and conditions of the Executive\u2019s employment which may occur in the future, including any change in position, duties or compensation.", "snippet_links": [{"key": "the-executive-acknowledges", "type": "clause", "offset": [0, 26]}, {"key": "article-5", "type": "definition", "offset": [89, 98]}, {"key": "satisfaction-of", "type": "clause", "offset": [115, 130]}, {"key": "all-terms", "type": "clause", "offset": [131, 140]}, {"key": "termination-of-the-executive", "type": "definition", "offset": [167, 195]}, {"key": "including-without-limitation", "type": "clause", "offset": [210, 238]}, {"key": "common-law", "type": "clause", "offset": [239, 249]}, {"key": "notice-of-termination", "type": "definition", "offset": [250, 271]}, {"key": "in-lieu-of", "type": "clause", "offset": [288, 298]}, {"key": "compensation-for", "type": "clause", "offset": [315, 331]}, {"key": "length-of-service", "type": "definition", "offset": [332, 349]}, {"key": "other-entitlement", "type": "definition", "offset": [358, 375]}, {"key": "pursuant-to-the", "type": "definition", "offset": [376, 391]}, {"key": "british-columbia", "type": "clause", "offset": [392, 408]}, {"key": "employment-standards-act", "type": "definition", "offset": [409, 433]}, {"key": "as-amended", "type": "definition", "offset": [434, 444]}, {"key": "from-time-to-time", "type": "clause", "offset": [445, 462]}, {"key": "except-as-expressly-provided", "type": "clause", "offset": [464, 492]}, {"key": "termination-payments", "type": "definition", "offset": [554, 574]}, {"key": "changes-in", "type": "clause", "offset": [633, 643]}, {"key": "terms-and-conditions-of-the", "type": "clause", "offset": [648, 675]}, {"key": "the-future", "type": "clause", "offset": [718, 728]}, {"key": "change-in-position", "type": "clause", "offset": [744, 762]}], "hash": "b04f5b7f1f61e130cfcfd963da6511fa", "id": 8}], "next_curs": "ClwSVmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjgLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhxmYWlyLWFuZC1yZWFzb25hYmxlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"size": 377, "title": "Fair and Reasonable", "children": [["cumulative-rights", "Cumulative Rights"], ["confidentiality", "Confidentiality"], ["non-competition-and-non-solicitation", "Non-Competition and Non-Solicitation"], ["intellectual-property-rights", "Intellectual Property Rights"], ["", ""]], "parents": [["contract-time", "Contract Time"], ["no-excuse-without-notice", "No Excuse Without Notice"], ["full-agreement", "Full Agreement"], ["sole-source-designation-for-change-order-work", "Sole Source Designation for Change Order Work"], ["miscellaneous-provisions", "Miscellaneous Provisions"]], "id": "fair-and-reasonable", "related": [["clear-and-reasonable-warning", "Clear and Reasonable Warning", "Clear and Reasonable Warning"], ["clear-and-reasonable-warnings", "Clear and Reasonable Warnings", "Clear and Reasonable Warnings"], ["intent-of-the-parties-reasonableness", "Intent of the Parties; Reasonableness", "Intent of the Parties; Reasonableness"], ["good-faith-and-commercially-reasonable-manner", "Good Faith and Commercially Reasonable Manner", "Good Faith and Commercially Reasonable Manner"], ["reasonable-suspicion", "Reasonable Suspicion", "Reasonable Suspicion"]], "related_snippets": [], "updated": "2025-11-02T04:21:52+00:00", "also_ask": [], "drafting_tip": "Define 'fair and reasonable' explicitly to avoid ambiguity; specify objective criteria to ensure enforceability; reference industry standards to provide clarity.", "explanation": "The 'Fair and Reasonable' clause establishes that actions, decisions, or terms within the contract must be judged according to standards of fairness and reasonableness, rather than being arbitrary or excessively strict. In practice, this means that if a party is required to make a determination or exercise discretion, they must do so in a manner that is equitable and justifiable under the circumstances; for example, when assessing costs or approving changes, the party must consider what would be acceptable to an impartial observer. This clause helps prevent abuse of power or unfair treatment by ensuring that contractual obligations and decisions are balanced and just, thereby reducing the risk of disputes over subjective or one-sided interpretations."}, "json": true, "cursor": ""}}