Contract Review
What's in an Employment Contract Review?
Feb 21, 2023
Cheers to our inaugural blog post! We’re excited you’re here and want to give a special shout-out to all our launch customers. What an honor to help you all and here’s to many more opportunities!
We’ll be rolling out blog posts on a regular basis to cover: how ask Ginkgo works, contract education, and fun feature pieces. We’re starting today with what you get after asking Ginkgo, your contract review report!
Contract Review Report: Two Stages
For every contract, Ginkgo performs two stages of review:
Illegal Clauses Check
Standard Clauses Explanation
For the first stage, Ginkgo's proprietary knowledge engine reviews each clause against applicable laws in your State of Jurisdiction. If none are found, Congratulations! Otherwise, Ginkgo flags them right away so you can take appropriate follow-up action.
Next, Ginkgo provides a straightforward explanation of standard, yet important clauses for your understanding. Key parameters such as duration of time and actions you’re responsible are highlighted so you know, quite literally, what you’re signing up for.
Example Clause Explanation: Non-Competition
Let’s take a look at an Example Clause below:
Ginkgo provides an explanation of the clause, ‘restriction from contacting any customers’ and relevant parameters such as duration and mode of departure.
With these two stages of review, our customers receive peace of mind and understanding of their contracts from asking Ginkgo.
At the end of a stressful job hunt the last thing I want to worry about is whether my offer leaves me exposed to any risk. I'm grateful that Ask Ginkgo flags irregularities so I can ask the right questions before I sign anything.
- Launch User, Business Development
For advocacy and beyond!
The Ask Ginkgo Team
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