{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "of-the-parties", "type": "clause", "offset": [5, 19]}, {"key": "the-contracts", "type": "clause", "offset": [30, 43]}, {"key": "disclosure-schedule", "type": "clause", "offset": [72, 91]}, {"key": "pursuant-to-section", "type": "definition", "offset": [92, 111]}, {"key": "in-writing", "type": "clause", "offset": [158, 168]}, {"key": "the-future", "type": "clause", "offset": [296, 306]}], "samples": [{"hash": "iprm7f4FHL9", "uri": "/contracts/iprm7f4FHL9#material-reductions", "label": "Agreement and Plan of Reorganization (Lionbridge Technologies Inc /De/)", "score": 18.0, "published": true}, {"hash": "deGxFHJiNVx", "uri": "/contracts/deGxFHJiNVx#material-reductions", "label": "Agreement and Plan of Reorganization (Lionbridge Technologies Inc /De/)", "score": 18.0, "published": true}, {"hash": "btwZtscPbbj", "uri": "/contracts/btwZtscPbbj#material-reductions", "label": "Agreement and Plan of Reorganization 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["managerial-responsibilities", "MANAGERIAL RESPONSIBILITIES", "MANAGERIAL RESPONSIBILITIES"], ["optional-reductions", "Optional Reductions", "Optional Reductions"]], "related_snippets": [], "updated": "2025-07-07T12:36:18+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The Material Reductions clause defines the circumstances under which significant decreases in the scope, value, or quality of goods or services provided under a contract are addressed. Typically, this clause outlines what constitutes a 'material' reduction, such as a substantial cut in deliverables, service levels, or project funding, and may specify the process for notification, renegotiation, or remedies available to the affected party. Its core practical function is to protect parties from unexpected or unilateral changes that could undermine the contract\u2019s intended value, ensuring that both sides have recourse if the agreed-upon terms are significantly diminished."}, "json": true, "cursor": ""}}