Performance warranties and/or penalty clauses

["Sloan, Bernie" <bernies@uillinois.edu>]

I'm looking for examples of performance warranties (i.e., commiting to
achieving milestones by specific dates) and/or penalty clauses (i.e.,
penalties assessed for not reaching milestones) in library licenses for
electronic resources or services.

Also, I would like to hear the pros and cons of including such clauses in
a license agreement.

Thanks! 

Bernie Sloan
Senior Library Information Systems Consultant
University of Illinois Office for Planning and Budgeting
338 Henry Administration Building
506 S. Wright Street
Urbana, IL  61801
Phone: (217) 333-4895
Fax:     (217) 265-0454
E-mail: bernies@uillinois.edu