Nonprofit Contracts: Protecting Your Organization (OnDemand Webinar)

$199.00

SKU: 409843EAU

Description

Gain a better understanding of the key nonprofit contract provisions to help identify, mitigate, and eliminate risks.Contracts can be intimidating, yet they are a necessary part of every notforprofit. After attending this course, you will gain confidence in your ability to streamline and understand the nuances of contractual relationships. Many organizations see value in working with other organizations, but they are wary of doing so due to contracts, formalities, etc. How can an organization change a contract after it has been executed? This course will help the persons responsible for the operation of organizations to recognize the need for and utilize contracts, current and future, to build relationships and increase the outcomes for the organizations. This material will walk through the process and cover the dos and don’ts. This course is critical for highlevel employees to utilize this often misunderstood but powerful tool.

Date: 2022-06-07 Start Time: End Time:

Learning Objectives

What Is a Contract?
• Series of Promises
• What Is Consideration?
• Who Are the Parties to a Contract?

Reasons for a Contract
• Relationship Building
• Initiating a Process
• Commitment
• Professionalism

Who Can/Should Prepare a Proper Contract?
• A Lawyer?
• You?
• Your Staff?

Problems With Poorly Drafted Contracts
• No Measurable Metrics
• No Hard Time Periods
• Not Specific Enough
• Terms Implied by Law

Changing and Breaching Contracts
• ESIGC – Electronic Signatures in Global Commerce
• Periodic Review
• Good Rapport Is Critical
• Timing
• Measure of Damages
• War Stories

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Samuel J. Erkonen-Howe & Hutton, Ltd.