Episode Summary: In this episode of *Legally Agile with Chris Werner* Chris Werner discusses how high-growth companies should strategically respond when a key vendor or business partner fails to meet contractual obligations. He emphasizes the importance of early detection of legal issues and offers insights on key provisions in contracts to consider during performance breakdowns. Key Timestamps: 00:00 – Introduction 01:30 – Signs of a Legal Issue vs. Business Hiccup 03:45 – Internal Review Before Escalation 05:20 – Importance of Limitation of Liability in Contracts 07:10 – Understanding Cure Periods 09:45 – Managing Calendars for Contractual Deadlines 11:20 – Risks of Informal Agreements 13:40 – Addressing Concentration Risk with Critical Vendors 15:50 – Transitioning from Operational to Legal Problem-Solving 18:10 – Protecting Company Position Amid Vendor Instability About the Show: *Legally Agile with Chris Werner* is a podcast tailored for founders and executives of high-growth companies seeking legal strategies that align with their business momentum. Tune in to explore a wide range of legal insights and practical solutions to navigate complex legal challenges in the business world.