| 摘要 |
A contract term updating system monitors of the expiration of contract terms stored in a contract database. A processing device receives the contract terms nearing expiration and generates an update form that includes the contract terms to be updated. The processing device may convert the form into a format to be accessible using an electronic mail delivery system and provides the update form to an output device. The electronic message may then be electronically transmitted to the parties to the contract, providing an automatic reminder that specifically noted contract terms are subject to expiration and the update form allows for the renewal or renegotiations of the contract terms. The parties renegotiate the terms of the contract, update the update form and provide the update form back to the processing device. The updated contract terms are therein stored back in the contract database.
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