<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/RCgV7EJVSCJGEILuJzCYEpz">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RDa0Qu7gpJEIhpO0REOfc1p"/>
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RdfKnWpXsG2eBmnS3oJNTF"/>
  <rdfs:label>Negotiation Sequence</rdfs:label>
  <skos:altLabel>Negotiation Iteration</skos:altLabel>
  <skos:altLabel>Negotiation Round</skos:altLabel>
  <skos:altLabel>Turn</skos:altLabel>
  <skos:prefLabel>Contractual Turn</skos:prefLabel>
  <skos:definition>In the context of contract negotiations, a Contractual Turn refers to each sequential exchange or iteration in the negotiation process, typically involving the drafting, reviewing, and revising of the contract. For example, Turn 1 may involve Party A sending the initial draft of the agreement to Party B, and Turn 2 may involve Party B sending a marked-up draft back to Party A.</skos:definition>
</owl:Class>
