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Annex 1 [TRANSLATION DISCLAIMER: THIS TRANSLATION HAS BEEN MADE FOR CONVENIENCE PURPOSES ONLY. IT DOES NOT REPLACE, AMEND, OR OTHERWISE AFFECT THE ORIGINAL FINNISH LANGUAGE VERSION OF THIS ANNEX 1
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Who needs prevailing language sample clauses?

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Prevailing language sample clauses are standardized contract clauses that are commonly used in a particular industry or jurisdiction.
Any parties entering into a contract in a specific industry or jurisdiction may be required to include prevailing language sample clauses.
Prevailing language sample clauses can typically be filled out by entering the relevant information specific to the contract, such as names of parties, terms, and conditions.
The purpose of prevailing language sample clauses is to establish uniformity and consistency in contract terms within a particular industry or jurisdiction.
Information such as names of parties, terms of agreement, obligations, liabilities, and dispute resolution mechanisms must be reported on prevailing language sample clauses.
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