A Reader Question Regarding Voluminous Schedules

Today I received the following inquiry from a reader:

I’m in a transaction involving an asset purchase agreement that provides for many schedules, and those schedules will consist many pages listing assets owned, licensed, etc. If we print and attach all of the lists the final document will be many inches thick.

There has to be a way to capture the details in an electronic format (disk or portable drive) and then refer to the format as being part of the agreement.

So it’s about (1) what technology to use to capture the data, and (2) how to describe the technology in the agreement and incorporate the contents into the agreement?

What are transactional lawyers doing these days over these issues? I appreciate any comments or direction you might have.

I’m sure that some of you out there would be better placed than I am to suggest how this could be handled. I invite you to comment.

Updated 6:00 p.m., June 26, 2013. Two suggestions on Twitter:

About the author

Ken Adams is the leading authority on how to say clearly whatever you want to say in a contract. He’s author of A Manual of Style for Contract Drafting, and he offers online and in-person training around the world. He’s also chief content officer of LegalSifter, Inc., a company that combines artificial intelligence and expertise to assist with review of contracts.