Legal Product Assessment Form

LEGAL PRODUCT ASSESSMENT FORM

This Legal Product Assessment Form (the "Form") is executed between Product Owner: with principal address: and Legal Reviewer: with principal address: . Assessment Date:

RECITALS

WHEREAS, Product Owner is developing or deploying the product identified as: , version: , which includes functionality described in the Product Description below; and

WHEREAS, Legal Reviewer has been retained to perform a legal and regulatory assessment to identify applicable legal obligations, material legal risks, and recommended mitigations related to the product; and

WHEREAS, the Parties intend for the results of this assessment to inform product design, deployment, contractual terms, and compliance controls in accordance with applicable law.

NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the Parties agree as follows:

1. DEFINITIONS

1.1 "Assessment" means the legal review described in this Form, including the identification of legal issues, applicable laws and regulations, risk ratings, and recommended mitigations. "Product" means the product named above and any related services, features, or components covered by the Assessment.

2. SCOPE OF ASSESSMENT

2.1 Legal Reviewer shall perform a reasonable, documented review of the Product as of the Assessment Date, focusing on statutory and regulatory compliance, contractual obligations, intellectual property, consumer protection, privacy and data security, export controls, and other areas reasonably relevant to the Product.

3. ASSESSMENT CRITERIA

3.1 The Assessment considered, at minimum, the following areas. Checkboxes indicate items reviewed and flagged for attention.

Privacy and personal data protection    Data security and breach preparedness    Consumer protection and advertising    Intellectual property and licensing

Contractual obligations and third-party terms    Export controls and trade restrictions    Accessibility and anti-discrimination    Other:

4. FINDINGS

4.1 Identified Legal Issues (material issues that may require remediation, contractual changes, or further review):

4.2 Applicable Laws, Regulations and Standards (statutes, regulations, or standards reasonably implicated by the Product):

4.3 Contractual and Third-Party Considerations (licenses, vendor contracts, platform terms, or consumer terms that may affect legal exposure):

5. RISK RATING

5.1 Risk rating is a qualitative assessment of the likelihood and severity of legal enforcement or material loss if no mitigation is implemented. Select the overall rating and provide a concise justification.

Low    Medium    High    Severe

6. RECOMMENDED MITIGATIONS & ACTION PLAN

6.1 Legal Reviewer recommends the following prioritized mitigations. Each action should identify responsibility, required deliverable, and target completion date.

7. RESIDUAL RISK AND MONITORING

7.1 Residual risk should be reassessed upon completion of mitigation items. The Parties agree to re-evaluate material changes to Product functionality, user base, or market deployment that may affect legal exposure.

8. CERTIFICATION

8.1 Legal Reviewer certifies, to the best of their professional knowledge and judgment, that the Assessment was performed in accordance with applicable professional standards and the scope set forth in this Form. This certification does not constitute a guarantee or warranty of regulatory outcomes but reflects a reasoned legal assessment based on the facts and materials reviewed as of the Assessment Date.

Certification Notes / Qualifications:

9. NOTICES

9.1 All notices required or permitted under this Form shall be in writing and delivered to the persons and addresses identified below by hand, courier, or certified mail (or other commercially reasonable means). Notices will be effective upon receipt.

10. MISCELLANEOUS PROVISIONS

Governing Law: The Parties agree that the laws of the jurisdiction identified below shall govern the interpretation and enforcement of this Form. The Parties may select a specific jurisdiction by entering it in the field below; absent agreement, the law of the jurisdiction where Product Owner is organized will govern.

Entire Agreement: This Form constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes prior oral or written assessments, understandings, and communications concerning the legal review of the Product.

Amendments: Any amendment to this Form must be in writing and signed by authorized representatives of both Parties.

Waiver: Failure or delay by either Party to enforce any provision of this Form shall not constitute a waiver of that provision or any other provision.

Severability: If any provision of this Form is determined to be invalid or unenforceable, such provision shall be severed and the remaining provisions shall remain in full force and effect.

Counterparts: This Form may be executed in counterparts, each of which shall be deemed an original and all of which together constitute one instrument. Signatures delivered by electronic means shall be binding.

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