Suggestion: Add defined terms for greater clarity

[pauljacobson]

It's a good idea to have a glossary of some kind that contains definitions of key terms. You have a very bare-bones version in the header of the contract relating to the parties. You should have more defined terms which you aggregate in a single section.

In contracts, clarity is key and could avoid issues down the line. Most contracts have an Interpretations section that not only includes defined terms, but also interpretation principles. The goal is more clarity about what everything means.