Summarize a long agreement
Get the key terms of a long agreement on one page.
Legal · When you ask · Updated
Works with
- Slack
- Box
- Dropbox
- Notion
- Microsoft 365
Slack
Box
Dropbox
Notion
Microsoft 365How do you summarize a long agreement?
To summarize a long agreement, give Maito the file or point it at the folder in Drive. It reads the whole contract and writes one page covering term, price, liability, termination and renewal, with section references. It also calls out anything unusual or buried in an exhibit, so you know where to look.
How it's done today
People ask legal what a contract says.
What Maito does
- Read the agreement
- Pull term, price, liability, termination and obligations
Example
@Maito summarize the Globex master agreement. I need it for the ops review at 2.
Globex MSA, signed Mar 3, 2024, 31 pages (Drive: Contracts/Globex). Term: 3 years, to Mar 2, 2027. Renews yearly unless either side gives 90 days' notice. Price: $120,000 a year, billed quarterly. Renewal increases capped at 5%. Liability: capped at 12 months of fees ($120,000). No cap for confidentiality breaches. Termination: for cause, with 30 days to fix. Not for convenience in the first 18 months. Our obligations: 99.5% uptime. Miss it and Globex gets a 5% credit that month. Catch: 90 days before Mar 2 is Dec 2, 44 days from today. If nobody acts, it renews another year at up to $126,000. Section numbers are in the attached summary, globex-msa-summary.pdf. Claire can confirm anything you plan to act on.
Tom (1:05 PM):
summarize the Globex master agreement. I need it for the ops review at 2.
Maito (1:07 PM):
Globex MSA, signed Mar 3, 2024, 31 pages (Drive: Contracts/Globex).
Term: 3 years, to Mar 2, 2027. Renews yearly unless either side gives 90 days' notice.
Price: $120,000 a year, billed quarterly. Renewal increases capped at 5%.
Liability: capped at 12 months of fees ($120,000). No cap for confidentiality breaches.
Termination: for cause, with 30 days to fix. Not for convenience in the first 18 months.
Our obligations: 99.5% uptime. Miss it and Globex gets a 5% credit that month.
Catch: 90 days before Mar 2 is Dec 2, 44 days from today. If nobody acts, it renews another year at up to $126,000.
Section numbers are in the attached summary, globex-msa-summary.pdf. Claire can confirm anything you plan to act on.
How to set it up
- Set up
Nothing to set up. Ask in Slack or by email whenever you need it.
- Connect files
- Google Drive
- Box
- Dropbox
- Notion
- Microsoft 365
Not connected yet? Your agent sends you a link to sign in.
What it won't do
A summary doesn't replace reading the clauses that matter, and it isn't legal advice. Scanned pages that are hard to read can lead to gaps, which it flags when it sees them.
Questions
Long agreements of dozens of pages are fine. It cites section numbers so you can check any point in the original.
No. It reads exhibits and schedules too, since terms like pricing clauses often sit there. It tells you where each point came from.
Yes. Reply in the same Slack thread or email and it answers from the same document.
