What are termScout’s certification standards?
For the major TrustMark templates, qualification requires an overall Clarity result of Medium or High, an overall Favorability result of Balanced or Customer Favorable, and no designated Deal Breaker terms. All applicable requirements must be met.
TrustMark™ certification is awarded to contracts that meet clear, objective criteria designed to reduce negotiation friction and support faster approvals.
To qualify, a contract must meet three core criteria:
- Clarity: The agreement must achieve an overall clarity rating of Medium or High.
- Balanced or Customer-Favorable: The agreement must achieve an overall Favorability rating of Balanced or Customer-Favorable, reflecting how contractual rights, obligations, and risks are allocated between the parties.
- No Deal Breakers: The agreement must not contain any terms identified as designated Deal Breakers under the applicable certification criteria.
TermScout evaluates these criteria using Certify™, which analyzes contract terms, benchmarks them against real-world agreements, and identifies potential risks and areas of negotiation friction.
A Balanced or Customer-Favorable rating indicates that the agreement's terms are reasonably balanced between the parties or provide more favorable protections and conditions for the customer, potentially reducing the need for extensive negotiation.
Deal Breakers are particularly important in the certification process. These are designated provisions that may introduce significant risk, create contractual imbalances, or lead to substantial negotiation challenges.
Contracts that meet all three applicable criteria qualify for TrustMark™ certification, providing customers and their counterparties with greater confidence in the agreement's clarity, favorability, and absence of designated Deal Breakers.
This can help reduce unnecessary redlines, streamline approvals, and support more efficient deal execution.
Please note: Certification criteria may vary depending on the type of agreement being reviewed.
Does your contract meet TrustMark™ certification standards?
Find out if your agreement qualifies and take the next step toward certification.