Throughout its life, a contract can be in one of the following statuses:

• Draft: The initial status for a new contract or new contract version. For more information see the Creating Contracts section.

• Pending Approval: The status of the contract after it is submitted for approval. For more information see the Submitting Contracts for Approval section.

• Approved: The status of the contract after it is approved by all approvers. For more information see the Submitting Contracts for Approval section.

• Rejected: The status of the contract after it is rejected by at least one approver. For more information see the Submitting Contracts for Approval section.

• Pending Signature: This status is available when the Signature Type value is E-Signature and the contract document has been submitted for signing.

• Cancelled: The status of the contract after it is cancelled. For more information see the Cancelling Contracts section.

• Signed. The status of the contract after the signatures are recorded. For more information see the Signing Contracts section.

• Terminated. The status of the contract after the contract is terminated. For more information see the Terminating Contracts section.