The Master Pricing Agreement serves as a cornerstone document for businesses engaging in regular commercial transactions under Austrian jurisdiction. It is particularly useful when parties anticipate an ongoing business relationship with multiple transactions over time and need a standardized pricing framework. The agreement encompasses detailed pricing structures, adjustment mechanisms, volume commitments, and payment terms, all while ensuring compliance with Austrian commercial law and EU regulations. This document type is especially relevant for business-to-business relationships where regular price adjustments and volume-based pricing are common features. The Master Pricing Agreement typically serves as an umbrella agreement, with specific pricing details and updates managed through schedules that can be modified without revising the entire agreement.
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1. Parties: Identification and details of the contracting parties
2. Background: Context of the agreement and business relationship
3. Definitions: Key terms used throughout the agreement
4. Scope of Agreement: Overview of products/services covered by the pricing agreement
5. Pricing Structure: Basic pricing principles and mechanisms
6. Price Adjustment Mechanisms: Procedures and conditions for price changes
7. Payment Terms: Invoice and payment conditions, including timeframes
8. Duration and Termination: Term of agreement and termination provisions
9. Confidentiality: Protection of pricing and other confidential information
10. Warranties and Representations: Standard warranties regarding authority and compliance
11. Governing Law and Jurisdiction: Confirmation of Austrian law application and dispute resolution
12. General Provisions: Standard boilerplate clauses including severability and entire agreement
1. Volume Commitments: Minimum purchase obligations and related discounts, used when parties agree to specific volume targets
2. Most Favored Nation Clause: Ensures best pricing terms, included when negotiated by major customers
3. Currency and Exchange Rates: Required for international transactions with multiple currencies
4. Audit Rights: Right to verify pricing compliance, typically included in high-value agreements
5. Force Majeure: Addresses pricing impacts of extraordinary events, important in volatile markets
6. Sustainability Requirements: Environmental and social responsibility provisions, relevant for ESG-focused organizations
7. Data Protection: GDPR compliance provisions, required when personal data is processed
8. Anti-Corruption: Compliance with anti-corruption laws, important for international agreements
1. Schedule A - Price List: Detailed pricing for all products/services covered by the agreement
2. Schedule B - Price Adjustment Formula: Specific calculations and indices for price adjustments
3. Schedule C - Service Level Requirements: Performance metrics affecting pricing, if applicable
4. Schedule D - Volume Discount Structure: Detailed volume-based pricing tiers and discounts
5. Schedule E - Reporting Requirements: Templates and requirements for pricing-related reporting
6. Appendix 1 - Approved Locations: List of locations where pricing terms apply
7. Appendix 2 - Contract Managers: Key contacts for pricing discussions and approvals
8. Appendix 3 - Special Terms: Customer-specific terms or industry requirements affecting pricing
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