Here are some specific contract provisions that can cause real-world problems for your business. (Shameless plug: These are discussed, and illustrated with true stories, in my short e-book, Signing a Business Contract: A Checklist for Greater Peace of Mind, at http://www.ontechnologylaw.com/before-you-sign-a-business-co...)
* Most-favored customer clauses
* Exclusive-rights provisions
* Indemnity obligations
* Automatic renewal
* Confidentiality obligations (or no confidentiality obligations)
* Most-favored customer clauses
* Exclusive-rights provisions
* Indemnity obligations
* Automatic renewal
* Confidentiality obligations (or no confidentiality obligations)
* Termination for convenience
* Unilateral amendment rights
* Best-efforts obligations
* Assignment-consent requirements
* Non-compete / no-hire / no-solicitation clauses
* Tax consequences