Contract Key Terms Extractor

{
  "text": "EMPLOYMENT AGREEMENT\n\nThis Agreement is entered into as of January 15, 2024, between Acme Corporation ('Employer') and John Smith ('Employee').\n\n1. PARTIES\nEmployer: Acme Corporation, a Delaware corporation\nEmployee: John Smith\n\n2. TERM\nEmployment begins on February 1, 2024 and continues until terminated by either party with 30 days written notice.\n\n3. COMPENSATION\nEmployee shall receive an annual salary of $75,000, payable bi-weekly.\n\n4. OBLIGATIONS\nEmployee agrees to perform duties as assigned and maintain confidentiality of proprietary information.\n\n5. LIABILITY\nEmployer's liability is capped at one year of salary ($75,000).\n\n6. TERMINATION\nEither party may terminate this agreement with 30 days written notice. Upon termination, Employee receives accrued salary and benefits through the termination date."
}

{
  "_meta": {
    "payment": {
      "method": "x402",
      "price_usd": 0.54,
      "settlement_id": "0xc54789d0796a00997aa24ebbab5efd821648bb4a20f32249248a115fbd16bd34"
    },
    "capability": "contract-extract",
    "latency_ms": 2110,
    "provenance": {
      "source": "claude-haiku",
      "fetched_at": "2026-06-13T04:24:34.856Z"
    }
  },
  "parties": [
    {
      "name": "Acme Corporation",
      "role": "Employer"
    },
    {
      "name": "John Smith",
      "role": "Employee"
    }
  ],
  "summary": "Employment agreement between Acme Corporation and John Smith effective February 1, 2024, with an annual salary of $75,000 payable bi-weekly. Either party may terminate with 30 days written notice, and the Employer's liability is capped at one year of salary. Employee must maintain confidentiality of proprietary information.",
  "disclaimer": "AI-extracted summary. Not legal advice. Verify all terms against the original document.",
  "document_type": "Employment Contract",
  "governing_law": null,
  "payment_terms": {
    "amount": "$75,000",
    "due_date": null,
    "frequency": "bi-weekly"
  },
  "renewal_terms": null,
  "effective_date": "2024-02-01",
  "liability_caps": [
    "Employer's liability capped at one year of salary ($75,000)"
  ],
  "confidentiality": "Employee agrees to maintain confidentiality of proprietary information",
  "key_obligations": [
    {
      "party": "Employee",
      "obligation": "Perform assigned duties and maintain confidentiality of proprietary information"
    }
  ],
  "unusual_clauses": [],
  "termination_date": null,
  "termination_clauses": [
    "Either party may terminate with 30 days written notice",
    "Upon termination, Employee receives accrued salary and benefits through termination date"
  ]
}