Does this legalese make sense?

English translation: just an idea

23:49 Jan 12, 2006
English language (monolingual) [PRO]
Law/Patents - Law: Contract(s)
English term or phrase: Does this legalese make sense?
I'm thinking of getting in touch with my client tomorrow, cause I think something's definitely wrong/missing here - but before I do so I thought I'd ask you first.

This is from a consultancy agreement -- the part on "early termination" of the agreement.

"Upon early termination, in relation to any deals relating to receipt of cash funding or benefit-in-kind, which deals are concluded after the date of termination, then [Pary #1]shall in terms of its obligation under Clause 4.1 to pay the Consultant* a commission or performance-related bonus to the extent, in the reasonable opinion of [Party #1] that such concluded deal was attributable to the input of the Consultant."

(The Consultant is Party #2)

I don't really need a full explanation, but if it does make sense to you, maybe you can help me break up the syntax (esp. "which deals" and "then Party 1 shall..." SHALL WHAT???)

THANK YOU!!
Nesrin
United Kingdom
Local time: 17:03
Selected answer:just an idea
Explanation:
Upon early termination, in relation to any deals relating to receipt of cash funding or benefit-in-kind THAT ARE concluded after the date of termination, [Part #1]shall, in terms of its obligation under Clause 4.1,("to" here is to be deleted) pay the Consultant* a commission or performance-related bonus to the extent, in the reasonable opinion of [Party #1], that such concluded deal was attributable to the input of the Consultant."
Selected response from:

Béatrice Sylvie Lajoie
Local time: 18:03
Grading comment
Spot on, Beatrice - the sentence suddenly made a lot of sense once you cleared the messy bits up! Thanks also Angioletta for your helpful comment!
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
3 +6just an idea
Béatrice Sylvie Lajoie
3shall pay a commission to the consultant
Angie Garbarino


Discussion entries: 2





  

Answers


10 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +6
does this legalese make sense?
just an idea


Explanation:
Upon early termination, in relation to any deals relating to receipt of cash funding or benefit-in-kind THAT ARE concluded after the date of termination, [Part #1]shall, in terms of its obligation under Clause 4.1,("to" here is to be deleted) pay the Consultant* a commission or performance-related bonus to the extent, in the reasonable opinion of [Party #1], that such concluded deal was attributable to the input of the Consultant."


Béatrice Sylvie Lajoie
Local time: 18:03
Specializes in field
Native speaker of: Native in FrenchFrench, Native in EnglishEnglish
PRO pts in category: 8
Grading comment
Spot on, Beatrice - the sentence suddenly made a lot of sense once you cleared the messy bits up! Thanks also Angioletta for your helpful comment!

Peer comments on this answer (and responses from the answerer)
agree  Andy Watkinson: More than "just an idea", I would say - removing the "to" (which was probably mistakenly included by inertia, given the antecedent "obligation"), it makes perfect sense. The Consultant gets paid. Full stop. :-))
44 mins
  -> Thank you Andy

agree  Fuad Yahya
57 mins
  -> Thanks Fuad

agree  sktrans
3 hrs
  -> Thanks sktrans

agree  Angie Garbarino: yes I agree and I wrote the same but your explanation is better
8 hrs
  -> Thx Angioletta. ,We had the same idea at the same time :-))

agree  Alfa Trans (X)
14 hrs
  -> Thanks Marju

agree  Romanian Translator (X)
20 hrs
  -> Thanks Awana
Login to enter a peer comment (or grade)

10 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
does this legalese make sense?
shall pay a commission to the consultant


Explanation:
of course it is not correct, but I think this is the sense,
and *concerning the deals concluded after.................
This is what I understand even if not correct :)
Hope it helps:)

Angie Garbarino
Local time: 18:03
Specializes in field
Native speaker of: Native in ItalianItalian
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search