Scope and Deliverables
Restate or amend deliverables and performance metrics so both parties have a clear, measurable set of expectations for the renewal period.
A precise renewal reduces ambiguity about ongoing duties, protects existing intellectual property assignments, and fixes the effective period and payment terms. Properly drafted renewals minimize disputes and make enforcement simpler by referencing the original MDA while documenting current expectations.
Assign clear internal owners early to ensure timely review, signature, and operational handoff after execution.
A named officer or authorized signatory must have authority under corporate bylaws or board resolution to bind the company; the signature should be accompanied by printed name, title, and date to ensure enforceability.
The vendor signatory should be an authorized company officer or agent with written authority; include role, business address, and, where applicable, a corporate resolution or authorization if signature authority is not self-evident.
| Field | Configuration |
|---|---|
| Signing Order | Sequential or parallel routing |
| Authentication | Email link, SMS code, or KBA |
| Reminders | Auto reminders at set intervals |
| Retention | Store signed PDF with audit trail |
Ensure the selected solution can produce a detailed certificate of completion and preserve an unalterable record for retention and audits.
Restate or amend deliverables and performance metrics so both parties have a clear, measurable set of expectations for the renewal period.
Specify amounts, invoicing schedule, taxes, and whether prior balances are carried forward or settled as part of renewal consideration.
State the renewal effective date, expiration, automatic renewal provisions if any, and early termination rights with notice periods.
Confirm ownership or licensing of preexisting and newly created IP and include any assignment language required by the original MDA.
Clarify any caps on liability, indemnification obligations, and whether insurance requirements change during the renewal.
Identify the state law and forum for disputes; consistent governing law language avoids conflicts with the original MDA.
Deadline for sending written notice pre-expiration
Date when renewed terms commence
Invoice due dates and deposit schedules
Internal review lead times for legal and finance
Date signed copy must be stored and registered
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |