Legal & Compliance
📜 Contracts & Agreements

Extract parties, dates, values, and key clauses from any contract

ParseMe reads service agreements, vendor contracts, and commercial deals — pulling out every material term without a lawyer reading end-to-end.

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parseme.co — contract extraction

Service Agreement

RECITALS & PARTIES

This Master Services Agreement ("Agreement") is

entered into as of January 1, 2026, by and between

Acme Corp, a Delaware corporation ("Client"), and

TechServ LLC, an Oregon LLC ("Provider").

SECTION 3 — TERM & FEES

3.1 Term: 24 months from the Effective Date

3.2 Monthly Fee: $10,000 ($240,000 total value)

3.3 Payment Terms: Net 30 from invoice date

3.4 Auto-Renewal: Yes, successive 12-month terms

SECTION 8 — TERMINATION / LIABILITY

8.1 Either party may terminate with 30 days written notice

8.2 Non-compete: 12 months post-termination

8.3 Limitation of Liability: $500,000 aggregate cap

8.4 Governing Law: State of Delaware

Extracted Data

parties:["Acme Corp (Client)","TechServ LLC (Provider)"]
effective_date:2026-01-01
expiration_date:2027-12-31
contract_value:240,000
termination_notice_days:30
non_compete_months:12
liability_cap:500,000
governing_law:State of Delaware
key_obligations:["Monthly reporting","SLA 99.9% uptime","Data protection com…]

All extracted fields

Every field ParseMe can pull from contracts & agreements.

FieldTypeDescription
partiesarrayAll parties with roles (client, vendor, etc.)
effective_datedateContract start date
expiration_datedateContract end or expiry date
contract_valuenumberTotal contract value
termination_notice_daysnumberDays of notice required to terminate
non_compete_monthsnumberNon-compete duration in months
liability_capnumberLiability limitation amount
governing_lawstringGoverning jurisdiction
key_obligationsarrayMain obligations of each party
auto_renewbooleanDoes the contract auto-renew?

What you can do with this

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Build a clause library by extracting and categorizing terms across all agreements

Flag contracts approaching expiry so renewals never slip

Extract obligations and deadlines into a project management tool

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