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Contract Process Flow 012016
- 1. Contract Process Flow TMHU Assoc selects Business Partner NDA? NO YES Sends Requestfor Contract via Contract Insight TMHU Assoc Obtains Signatures Business Partner sends Exceptions to TMHU Assoc Continue discussions with Business Partner See NDA Process Flow Legal rejects & takes additional exceptions Legal creates clean final document Legal negotiates till agreement is reached Legal files/posts electronically to Contract Insight Return fully executed documents START Business Partner Reviews To Business Partner To Legal TMHU Assoc Sends documents Sends Request to Legal via Contract Insight Accepts Standard Documents: Pricing Agreement – Seller Pricing Agreement – Buyer Master Services Agreement Agreements for National AcctsEnd Legal verifies Company data Legal selects or prepares document Legal sends to TMHU Mgmt for approval Process ends Mgmt rejects Legal prepares document(s) Mgmt approves Legal reviews Rejects No Exceptions Exceptions Negotiates