Common Contract Clauses (also known as ‘boilerplate clauses’) are standard, legal provisions that are included in many business contracts. They cover topics such as liability, indemnification and dispute resolution, as well as other matters arising from the performance of the contract. Although they may seem boring, these clauses play an important role in protecting a company’s interests. They provide certainty to both parties, ensuring that everyone is aware of their rights and obligations under the contract. By including them, companies can be confident that should a dispute arise, they are covered by the mutually agreed upon terms. So, even though they may seem tedious and uninteresting – when it comes to contractual agreements, common contract clauses are essential.