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Contract Obligation Monitoring

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Model Overview

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Model Name

• Name: ft:gpt-4o-2024-08-06:airia:contractual-obligation-monitoring-2024-10-08:AG3zPdYz
• Version: 1.0
• Date of Release: 2024-10-08

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Description

• Summary: Airia’s Contract Obligation Monitoring 4o model generates a comprehensive list of upcoming contractual obligations (e.g., renewal dates, payment deadlines) from user provided contracts and it recommends actions to ensure compliance.
• Architecture: gpt-4o-2024-08-06 fine-tuned.
• Recommended Temperature: 0.1

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Intended Use

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Use Cases

• Primary Use Cases:
  • Generate lists of upcoming contractual obligations
  • Identify critical deadlines and assesses their urgency
  • Better organization to ensure compliance when handling multiple contracts
• Non-intended Use Cases: This model should not be used for providing final legal advice or in highly sensitive legal contexts without oversight by a human legal professional.

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Target Audience

• Users: Legal teams, contract managers, compliance officers, and risk management teams responsible for monitoring, tracking, and ensuring adherence to contractual obligations across various timelines.

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Sample interaction

• Sample User Input:
  • Can you review these contracts and generate a list of upcoming obligations like renewal dates or deadlines, along with recommendations for compliance? [CONTRACT 1, 2, 3, etc]
  • Please review these contracts, highlight upcoming obligations, such as renewal and payment deadlines, and suggest ways to stay compliant. [CONTRACT 1, 2, 3, etc]
• Sample Assistant Output:
  Copy

  Ask AI

  # OBLIGATION MONITORING REPORT
  ## 1. Chronological List of Upcoming Contractual Obligations
  ### Multi-Party Service Agreement
  1. 2023-07-15: 30% of total payment due to each party 
  2. 2023-07-15: CompanyA and CompanyB to provide integration information
  [...]
  
  ### Commercial Real Estate Lease Agreement
  1. 2023-07-31: Tenant to submit improvement plans to Landlord
  2. 2023-09-01: Lease commencement date
  [...]
  
  ## 2. Detailed Obligation Information
  | Date | Obligation | Contract | Clause | Parties | Action |
  |------|------------|----------|--------|---------|--------|
  | 2023-07-15 | 30% payment | Multi-Party | 3.2.a |  CompanyA to CompanyB | Pay 30% of total amount |
  | 2023-07-15 | Integration info | Multi-Party | 2.1.b | GLP, EcoSmart to TechInnovate | Provide integration information |
  | 2023-07-31 | Improvement plans | Lease | 5.1 | TechHub to Skyline | Submit improvement plans |
  | 2023-09-01 | Lease commencement | Lease | 2.1 | TechHub, Skyline | Commence lease |
  
  [...]
  
  ## 3. Recommended Actions
  1. Set up a centralized calendar system to track all deadlines and obligations.
  2. Assign responsible parties for each obligation within your organization.
  [...]
  
  ## 4. Potential Risks and Conflicts
  1. **Tight timeline for Platform development**: The 120-day development period for CompanyA may be challenging. Monitor progress closely and communicate any potential delays early.
  2. **Interdependencies**: Many obligations depend on the completion of previous tasks. Delays in one area could impact the entire project timeline.
  
        [...]
  
  

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Maintenance and Updates

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Version History

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Release Notes

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Version Changes

• v1.0 (Release Date: 2024-10-08)
  • Initial release.

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Contact Information

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Author(s) / Developers

• Name(s): AIRIA LLC

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Contact

• https://airia.com/learn-more

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License

• License Type: Airia Model License