Contract Glossary
Exhibit
Definition
An exhibit is a document attached to a contract that provides additional detail without cluttering the main agreement. Exhibits contain the specifics, pricing tables, technical specifications, lists of deliverables, that support the general terms. They're legally part of the agreement.
In Practice
A master service agreement between a marketing agency and a client runs 12 pages of general terms. Attached are: Exhibit A (Scope of Work), Exhibit B (Fee Schedule), and Exhibit C (Brand Guidelines). When the client adds a new project, they create a new Exhibit A-2 rather than rewriting the entire contract.
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