Standard Agreements for the Enterprise
Cloud Terms
Enterprise SaaS/Cloud service subscription terms balanced between customer and provider.
Free to download and use:
Standard Agreements
 | Cloud Terms |  |  |
Resources
Cover Page |  | | |
Order | | | |
Explainer | | | |
Additional Terms Toolkit | | | |
 | AI Standard Clauses | | | |
| | Data Protection Addendum (DPA) | | | |
DPA Setup Page | | | |
DPA Schedules | | | |
 | Service Level Agreement (SLA) | | |
Acceptable Use Policy (AUP) | | | |
Support Policy | | | |
Bonterms AI Standard Clauses v1.0, Released: October 2, 2023. Permalink
Release Notes
October 4, 2023: Updated Version 1.0 to conform references to "Output" and "Outputs."
Bonterms Data Protection Addendum v1.0, Released: October 19, 2022. Permalink, GitHub Free to use under CC BY 4.0
Professional Services Agreement
Free to download and use:
Standard Agreements
 | Professional Services Agreement (PSA) | | |
Resources
Cover Page | | | |
Explainer | | | |
SOW | | | |
PSA Toolkit | | | |
Bonterms Professional Services Agreement v1.2, Released: July 12, 2023. Permalink, GitHub
Free to use under CC BY 4.0
Version History
Prior Version: Bonterms Professional Services Agreement v1.1, Released: April 11, 2023. Permalink, Github
Release Notes for PSA v1.1 to v1.2:
(1) Added a reference to “Reserved Materials” in the definition of “Licensed Deliverables” in Section 2.27; (2) clarified that Third-Party Materials are “licensed by Provider to Customer” in the cross-reference in Section 6.3 (c)(Third-Party Materials); (3) clarified that Reserved Materials are “licensed by Provider to Customer” in the cross-reference in Section 6.3 (d)(Reserved Materials); and (4) changed “its Services” to “the Services” in Section 10.6 (Taxes). Redline of all changes here.
Prior Version: Bonterms Professional Services Agreement v1.0, Released: March 29, 2023. Permalink, GitHub
Release Notes for PSA v1.0 to v1.1:
(1) Replaced the word “claim” with the defined term “Action” in the Indemnity (Section 13) (and made corresponding changes through the section) and replaced “action” with “Action” in 12.4 (Nature of Claims); (2) conformed citation to U.S. Code in Rights in Bankruptcy (Section 6.4) and 14.5 (Immunities for Disclosures to Government or Court by Provider; (3) added a close parenthesis in Subcontractors (Section 3.5). Redline of all changes here.
Mutual NDA
Free to download and use:
Standard Agreements
 | Mutual NDA | | |
Resources
Cover Page | | | |
Explainer | | | |
NDA Toolkit | | | |
BONTERMS
User Spotlight
What do legal innovators have to say about Bonterms Standard Agreements?
"Standardizing on the Bonterms NDA has allowed us to enter into hundreds of NDAs with discerning partners with almost none of the old back and forth. It’s real innovation.”
– Eric Lentell | Deputy General Counsel
Archer
Click to hear story
“Why do we sell on Bonterms? To skip the battle over whose form to use, preserve goodwill, and move straight to negotiating the issues that both sides really care about while leveraging a robust set of underlying core terms.”
– Jerry Levine | Chief Evangelist & General Counsel
ContractPodAi
See implementation
"Definitely more than a 'nice to have.' We met a vendor on Bonterms and we got contracting done in minutes. Let me repeat that: contracts were done in MINUTES. Zero negotiation and fair and balanced terms for both.
– Gary Mintz | Head of Commercial Legal
Miro
"Being able to rely on Bonterms' trusted set of market-calibrated contracts is instrumental to our closing more deals, faster, on terms we can live with."
– Gavin Zee | Head of Commercial Transactions
Sentry
Click to hear story
"At Abnormal Security, our Legal team often meets our customers, vendors, and partners on Bonterms. We also encourage the industry to seriously consider opting into use of these amazing templates. Contracting can and should be better, and I believe that Bonterms is moving the needle."
– Evan LeBon | VP, Head of Legal
Abnormal Security
See implementation
"We view using the Bonterms Cloud Terms for Dataiku Online as a way of building trust with our customers. The terms were vetted by experts and in-house counsel at leading companies to create a balanced, frictionless contracting experience."
– Alexis Liu | Director of Legal
Dataiku
Click to hear story
"Using Bonterms allows us to leverage a balanced, best-practice set of terms and focus directly on the data, security and other issues we care most about in procuring new solutions."
– Rob Walker | Senior Counsel
New Relic
Bonterms reached 10,000 Standard Agreement downloads on 8/15/23.
Committee
Our Standard Agreements Committee is composed of in-house and law firm lawyers, negotiation professionals and law faculty and students. We are extremely proud of this group and appreciate their extensive efforts in reviewing and improving our Standard Agreements.
About
Bonterms is simplifying commercial contracting through Standard Agreements. Our enterprise Cloud Terms (with DPA and SLA Attachments), Professional Services Agreement (PSA) and Mutual NDA let the parties start from a balanced foundation and negotiate by Cover Page, not redlines. The Bonterms Platform will leverage our Standard Agreements to take collaborative dealmaking to the next level.
Bonterms is lawyer-led and funded by XYZ Capital and Wilson Sonsini.
Read our story, watch our videos or contact us with any questions.
Team
Todd Smithline
Todd Smithline is Founder and Chief Executive Officer at Bonterms.
Todd has been designing, negotiating and teaching contracts for nearly thirty years.
Todd was General Counsel of Marimba, an enterprise software company he helped lead from start-up to successful public company. After Marimba Todd founded Smithline PC, a boutique technology transactions firm that represented category-leading Silicon Valley software/SaaS, platform and device companies and pioneered fixed-fee subscription billing. Todd started his legal career with Latham & Watkins and Gunderson Dettmer.
Todd teaches at UC Berkeley School of Law and is a board member or advisor to multiple start-ups.
Todd is a graduate of Tufts University and UCLA School of Law.
Drew Dillon
Drew Dillon is Head of Product at Bonterms.
Drew is a founder, advisor and fractional Chief Product Officer with over 15 years of experience in product management. Previously, he served as the Chief Product Officer at Skedulo and VP of Product at Fond, where he led the product, engineering, and design teams. Additionally, he was an early member of the product team at Yammer before the acquisition by Microsoft. Andrew most recently founded Burb, a startup in the community space.
Drew is a graduate of Virginia Tech.
Kate O'Laughlin
Kate is Go-to-Market Lead at Bonterms.
Kate is charged with developing launch strategy and overseeing all elements of customer success with the Bonterms Platform.
Kate has worked both in-house and as law firm counsel to the top technology companies in Silicon Valley. Kate was one of the first commercial lawyers at Atlassian, helping to manage the global SaaS company’s negotiations through rapid growth and IPO. Following Atlassian, Kate served as counsel in Orrick, Herrington & Sutcliffe’s Technology Companies Group and then became the firm’s Director of Tech & Investment.
Kate is a graduate of Villanova University and University of San Francisco School of Law.
Patrick Mullin
Patrick Mullin is Business Operations Manager at Bonterms.
Patrick is charged with systemizing and improving every process and service at Bonterms. Prior to joining Bonterms, Patrick was Technology Manager for Propeller Industries, a provider of strategic CFO and finance services to growing companies. While at Propeller, Patrick developed products that delivered financial and operational insights to Propeller’s clients and also managed the company’s internal business and technology systems.
Patrick started his career as a corporate paralegal in the private equity transactions practice at Simpson Thacher & Bartlett.
Patrick is a graduate of Vanderbilt University.
Advisors
Derek Schwede
Derek Schwede is an Advisor to Bonterms and Co-Lead of its Standard Agreements Committee.
Derek is Head of Legal at Modern Treasury, a fintech payments software company. Derek was previously a principal at Smithline PC, a boutique technology transactions firm where he represented category-leading Silicon Valley software/SaaS, platform and device companies. Derek began his legal career with Morrison & Foerster.
Derek teaches at UC Hastings School of Law and is a graduate of Rice University and Harvard Law School.
Investors
Contact Us
Bonterms, Inc.
2 Embarcadero Center, 8th Floor
San Francisco, California
94111
