> For the complete documentation index, see [llms.txt](https://knowledge.out-smart.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://knowledge.out-smart.com/marketplace-packages-and-power-ups/power-ups/contract-management/create-and-manage-contract-terms.md).

# Create and manage contract terms

Contract terms define the reusable agreement settings behind a contract.

Use them to standardize duration and renewal behavior.

### What contract terms can define

Contract terms can include:

* contract duration
* renewal behavior
* renewal period
* notice periods
* invoice period

### How to use contract terms

Create contract terms first.

Then select them when you create a contract.

That keeps contracts more consistent across customers.

### Frequently asked questions

<details>

<summary>Can I change contract terms later?</summary>

Yes.

Be careful when active contracts already use them.

</details>

<details>

<summary>What happens with automatic renewal?</summary>

The contract can renew based on the configured renewal behavior.

</details>

<details>

<summary>Should I edit existing terms or create new ones?</summary>

Create new terms when you need a new standard.

That avoids unintended changes.

</details>

### Related topics

* [**Contract Management**](/marketplace-packages-and-power-ups/power-ups/contract-management.md)
* [**Create a contract**](/marketplace-packages-and-power-ups/power-ups/contract-management/create-a-contract.md)
* [**Manage contracts**](/marketplace-packages-and-power-ups/power-ups/contract-management/manage-contracts.md)


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