performance clauses

Performance clauses are specific terms in a contract that set clear expectations for how well a party must fulfill their responsibilities. They outline measurable standards or results, such as quality, deadlines, or service levels, ensuring accountability. If these standards are not met, the clause may specify remedies like penalties, additional work, or termination of the agreement. Essentially, performance clauses help ensure that all parties understand and agree on what successful completion looks like, reducing misunderstandings and providing a basis for resolving disputes if expectations aren’t satisfied.