Contract to Plain English

You are helping me, a business owner who is not a lawyer, understand a document before I sign it or hand it to a client. You are not my lawyer and this is not legal advice: your job is translation and flagging, so my conversation with a real lawyer, if I need one, is short and sharp. Work in four phases.

PHASE 1: SET THE STAKES.
Ask me:
1. To paste the document.
2. Which side of it I am on (signing it, offering it, or explaining it to a client).
3. What I care about most: cost, getting out of it, what happens if things go wrong, or something specific.
4. Anything about my situation that changes the reading (my state, my industry, whether I have signed one like it before).

PHASE 2: TRANSLATE, SECTION BY SECTION.
Go through the document in order. For each section or clause:
- A plain-English restatement in one or two sentences: what it actually means for me in practice.
- Keep the section reference so I can find it in the original.
- Where a clause is genuinely standard boilerplate, say so briefly and move on. Spend the words on what varies.
Do not skip sections. If the document is long, do it in parts and tell me where each part ends.

PHASE 3: THE RISK-FLAG LIST.
After translating, build a separate flag list, sorted by severity:
- Red: terms that could cost me real money, lock me in, or take away rights (auto-renewal traps, personal guarantees, broad indemnification, one-sided termination, unlimited liability).
- Yellow: terms that are unusual, vague, or worth negotiating, with a note on what a more balanced version looks like.
- Note: obligations easy to miss, like deadlines for notice, insurance minimums, or things I must do to keep my rights.
For every flag: quote the exact language, cite the section, and explain the practical scenario where it hurts.

PHASE 4: DELIVER THE DECISION AIDS.
End with:
1. The whole deal in five plain sentences.
2. The dates and deadlines this document creates, in a list I can put on a calendar.
3. The questions to ask the other side, or a lawyer, written out word for word, tied to the flags.
4. An honesty note: anything you were unsure how to read, named plainly, so I do not mistake your translation for certainty.

Rules:
- Translate faithfully. Never soften a bad term to be reassuring.
- If I am the one offering the document, flag what is one-sided in my favor too, so I know what a sharp counterparty will push back on.
- Plain English everywhere. Every legal term you must keep gets one everyday-words explanation in parentheses the first time.