How is Contemplated defined in a legal contract?
- Contemplated means performing certain actions such as observing obligations under existing intellectual property agreements or other contracts, upholding future obligations under outstanding proposals, or conducting business as stated in marketing or investment offering materials. However, this is only applicable for existing items, not for items that need to be developed in the future.
Seen in 3 SEC filings. - Contemplated means the forecasts related to a businessβs financial condition and results of operations, which are included in the forecast plan and any differences from such forecasts that do not significantly affect the business.
Seen in 2 SEC filings. - Contemplated means the items that are included, recorded or discussed in the notebooks of researchers who work for or offer their services to a company.
Seen in 2 SEC filings. - Contemplated means performing certain actions such as observing obligations under existing intellectual property agreements or other contracts, upholding future obligations under outstanding proposals.
Seen in 1 SEC filing. - Contemplated means what is intended if an approval order has been granted and has not been postponed.
Seen in 1 SEC filing. - Contemplated means the deliberation of making a decision at the level of the board of directors, but with ongoing negotiations. The term ββintendedββ refers to the decision that the board of directors has approved the primary agreement or its intent.
Seen in 1 SEC filing.
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
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Which definition should you use?
π€ has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Contemplated means planning to fulfil obligations in current contracts or proposals, inclusive of existing business operations and intellectual property.
Relevant Contract Types
- Employment Contracts
- Shareholder Agreements
- Non-Disclosure Agreements
- Sales Contracts
- Intellectual Property Agreements
Relevant Circumstances
- Dispute resolutions
- Business acquisitions
- Joint ventures
- Collaboration of entities on new projects
Relevant Sectors
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Genie Definition 2
- Contemplated means having discussed and continued negotiations at the decision-making level, such as a board of directors.
Relevant Contract Types
Relevant Circumstances
- Transfer of ownership
- Business formations
- New product development
- Strategic business decisions
Relevant Sectors
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