Question 1: What is the contract name?
Question 2: Who are the parties that signed the contract?
Question 3: What is the agreement date of the contract?
Question 4: What is the date when the contract is effective?
Question 5: What date will the contract's initial term expire?
Question 6: What is the renewal term after the initial term expires?
Question 7: What is the notice period required to terminate renewal?
Question 8: Which state/country's law governs the interpretation of the contract?
Question 9: Is there a clause that if a third party gets better terms in the contract, the buyer under the contract shall be entitled to those better terms?
Question 10: What is the restriction on the ability of a party to compete with the counterparty or operate in a certain geography or business or technology sector? 
Question 11: Is there an exclusive dealing  commitment with the counterparty?
Question 12: Is a party restricted from contracting or soliciting customers or partners of the counterparty, whether during the contract or after the contract ends (or both)?
Question 13: What are the competitive restriction exceptions in the contract?
Question 14: Is there a restriction on a party’s soliciting or hiring employees and/or contractors from the  counterparty, whether during the contract or after the contract ends (or both)?
Question 15: Is there a requirement on a party not to disparage the counterparty?
Question 16: Can a party terminate this  contract without cause (solely by giving a notice and allowing a waiting  period to expire)?
Question 17: What are the terms granting one party a right of first refusal, right of first offer, or right of first negotiation?
Question 18: What are the terms about right of termination?
Question 19: Is consent or notice required of a party if the contract is assigned to a third party?
Question 20: Is one party required to share revenue or profit with the counterparty for any technology, goods, or services?
Question 21: Is there a restriction on the  ability of a party to raise or reduce prices of technology, goods, or  services provided?
Question 22: Is there a minimum order size or minimum amount or units per-time period that one party must buy from the counterparty under the contract?
Question 23: Is there a fee increase or consent requirement, etc. if one party’s use of the product/services exceeds certain threshold?
Question 24: What are the terms about intellectual property created  by one party?
Question 25: Is there any clause providing for joint or shared ownership of intellectual property between the parties to the contract?
Question 26: Does the contract contain a license granted by one party to its counterparty?
Question 27: Does the contract limit the ability of a party to transfer the license being granted to a third party?
Question 28: Does the contract contain a license grant by affiliates of the licensor or that includes intellectual property of affiliates of the licensor? 
Question 29: Does the contract contain a license grant to a licensee (incl. sublicensor) and the affiliates of such licensee/sublicensor?
Question 30: Is there a clause granting one party an “enterprise,” “all you can eat” or unlimited usage license?
Question 31: Does the contract contain a  license grant that is irrevocable or perpetual?
Question 32: Is one party required to deposit its source code into escrow with a third party, which can be released to the counterparty upon the occurrence of certain events (bankruptcy,  insolvency, etc.)?
Question 33: Is a party subject to obligations after the termination or expiration of a contract, including any post-termination transition, payment, transfer of IP, wind-down, last-buy, or similar commitments?
Question 34: Does a party have the right to  audit the books, records, or physical locations of the counterparty to ensure compliance with the contract?
Question 35: Is a party’s liability uncapped upon the breach of its obligation in the contract? This also includes uncap liability for a particular type of breach such as IP infringement or breach of confidentiality obligation.
Question 36: Does the contract include a cap on liability upon the breach of a party’s obligation? This includes time limitation for the counterparty to bring claims or maximum amount for recovery.
Question 37: Does the contract contain a clause that would award either party liquidated damages for breach or a fee upon the termination of a contract (termination fee)?
Question 38: What is the duration of any  warranty against defects or errors in technology, products, or services  provided under the contract?
Question 39: Is there a requirement for insurance that must be maintained by one party for the benefit of the counterparty?
Question 40: Is a party restricted from contesting the validity of the counterparty’s ownership of intellectual property or otherwise bringing a claim against the counterparty for matters unrelated to the contract?
Question 41: Is there a non-contracting party who is a beneficiary to some or all of the clauses in the contract and therefore can enforce its rights against a contracting party?