A D V A N C E D A I F O R L E G A L D O C U M E N T S

EVISORT.COMSLIDE A D V A N C E D M A C H I N E L E A R N I N G F O R C O N T R A C T S2

Evisort – Overview on AI for Contracts

• Evisort is an Artificial Intelligence company that is transforming how organizations leverage and manage their documents and data.

• We have developed advanced machine-learning models that automatically read, classify and extract the key information in your documents.

• All delivered through a SaaS platform so you can efficiently upload, access, search, monitor and deliver results.

• The Evisort platform has been used across industries and use cases.

• Data can be extracted from documents can be processed in 140 different languages

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Meet our team

Interdisciplinary Leadership Team

Jerry TingCEO

BCG, Credit Suisse, Fried Frank,

SCOTUS

Harvard Law

Jake SussmanCOO

BCG, Simpson Thacher & Bartlett

Harvard Law

Amine AnounCTO

Uber, MIT Operations

Research Center

MIT

• Founded out of the Harvard Innovation Labs and MIT

• Offices in Silicon Valley and Boston

• Active research organization with data scientists and computer scientists

• To date: 2M contracts, billions in contract value analyzed

Background

Memme OnwudiweEVP, Legal Intelligence

Ropes & Gray, Development Finance

International

Harvard Law

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Holistic framework can encompass entire contracting process

Contract Risk Mitigation/ApprovalContract Generation Contract management

and complianceBenchmarking and analytics

Sign

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Exec

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• Limit what parts of contracts can be modified by underwriting team

• Approved contracts can be used in underwriting module

• Prevents unauthorized introduction of risk

• Contracts generated can be compared against risk matrix and flagged for review

• Escalation matrix can reduce bottlenecks and guide resources to high risk deals

• Centralized records management allows aggregate reporting

• Contracts with non-standard terms can be tracked automatically

• Aggregate risk can be calculated by product line/region/other key factors

• Benchmark across terms

• Export all data to Excel to power business intelligence efforts

• Track unlimited fields to look for trends

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How Evisort builds a centralized repository across your organization

Integration

Existing repositories synced into Evisort

platform

Contract Type :Non-Disclosure Agreement

Signed?Yes/No

Contract?Yes/No

OCR & Classification

OCRAll scanned documents

now searchable and machine readable

Data Extraction

CLAUSES:Limitationof Liability

Parties

Scope ofObligations

EffectiveDate

Data is automatically tagged in documents

using AI models

PricingInfo

Analyze your documents in the Evisort Platform

Cloud Based Platform

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Specialized technology accurately converts scans into Word file

Document is blurry, faded

Evisort’sproprietary

models improves

output by learning

from your documentsMistakes are

made in converting

scanned PDF to Word

Text table identified and

restored

OCR misspellings identified & fixed

Computer vision identifies and analyzes each

document section

Original Scanned PDF

Document after OCR

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Data our algorithms can identify out-of-the-box

Document Types Provisions Key Information

•Client Agreements•Vendor Agreements•NDAs•Employee Contracts•Loan/Lease Documents• Investment Documents•Compliance Documents•Amendments•Purchase Orders•Work Orders•And More

•Term & Termination•Confidentiality •Limitation of Liability • Indemnification•Governing Law•Assignment•Notices•Non-Solicit•Non-Compete•And More

•Title of Document•Party Names•Party Addresses •Effective Date•Services Start Date•Expiration Date•Renewal Date•Term of Agreement•Fees•And More

Our algorithms automatically understand the meaning of words in documents

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Build custom reports across all documents

Search by terms, party names, and dates• (e.g.) by business unit or

product line or region

Filter down by type of contract and find exact provisions across thousands of documents

All fields are automatically created, no data entry necessary

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Expiring Renewing Contracts

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Monitor renewing and expiring contracts and their notice periods

Know exactly which agreements are at risk and when

Drill down on any contract and analyze key terms

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Custom Provision Tagging

Add new provision types automatically

Give the system an example and it’ll learn to find similar provisions

Give the system an example and it’ll learn to find similar provisions

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Contract Generation Module

Generate new documents in seconds

Example: SOW, NDA’s, MSA’s etc.

Easily Build Templates

Restrict editing of documents so key terms aren’t changed

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Approval Workflow Module

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Robust Intake forms Intake forms can be customized for specific departments and document types

Simple dashboards Lawyers easily keep track of contracts in their queue

Automated routingCreate rules to ensure that contracts go to the right lawyer for review every time

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Document Reviewer Module

AI can auto-determine whether language in third party documents is compliant with your contracting policy

Analyze Risk at a glanceTerm length, PII, Policy Violations

Example: Flagging IP ownership as a violation of NDA policy

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Risk Assessment Module

Get deep insights into standard agreements based off your templates

Streamline negotiationsUsers gain insight into what clauses are normally changed allowing them to adapt templates and speed up negotiations

Enforce Standard Language Identify whether any counterparties are still on old template agreements

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How to get documents into Evisort

Email

Current Storage

Electronic Signature

One single source of truth

Local Drives

THANK YOU.Please contact us for more information:

Jerry H. TingCo-founder & Chief Executive Officer

Phone(888) 384-7678

Websitewww.evisort.com