# Extract key terms from contracts into a tracker

Pulls renewal dates, notice periods, caps, and other key terms from each contract into consistent rows for a contract register.

- Topic: Legal & Compliance
- Framework: RTF
- Level: Standard
- Tags: Legal, Fill-in Template
- Source: https://www.thinkwithprompt.com/prompts/extract-key-terms-from-contracts-into-a-tracker

## Prompt

```text
Extract the key terms from these contracts into rows for my contract tracker.

**Contracts:** [PASTE one or more contracts, separated clearly, or the relevant sections]
**Fields I track:** [use the defaults below, or list your own]
**Date format:** [e.g. YYYY-MM-DD]

Default fields:
- Contract name, counterparty (full legal name), our contracting entity
- Contract type, effective date, initial term, expiry date
- Renewal mechanism (auto / manual), renewal term, notice deadline to stop renewal (calculate the actual date)
- Termination for convenience: who, notice period
- Fees and payment terms, price increase mechanism
- Liability cap and carve-outs (short)
- Indemnities (who indemnifies whom, for what)
- Assignment / change-of-control restrictions
- Exclusivity, non-compete, non-solicit, most-favored-customer terms
- Data protection terms or DPA (yes/no, reference)
- Governing law and dispute forum
- Notice address and method
- Unusual or non-standard terms worth knowing

Rules:
- Quote the section number for every field you fill.
- If a term is not in the text, write "Not found" - never infer or guess.
- If a term is ambiguous, write the field as [REVIEW] and explain in a note.
- Show your working for any calculated date.

Return: a table (one row per contract) that I can paste into a spreadsheet, then a list of [REVIEW] items and any renewal or notice deadlines in the next 90 days. Extraction errors are possible; a lawyer or paralegal should spot-check against the source documents.
```

## What to fill in

- use the defaults below, or list your own
- e.g. YYYY-MM-DD
- REVIEW

Free to copy and use. From ThinkWithPrompt (https://www.thinkwithprompt.com/), a library of 2,663 curated AI prompts.
