The Master Sale and Purchase Agreement is typically used in commercial relationships where parties anticipate multiple transactions over time and need a robust framework to govern their ongoing business relationship. This document is particularly suited for Swiss-based companies or international businesses choosing Swiss law for its stability and well-developed commercial jurisprudence. It establishes core terms including ordering processes, quality standards, warranties, and risk allocation, while allowing flexibility through purchase orders for specific transactions. The agreement incorporates requirements under Swiss law, particularly the Code of Obligations, while often considering international trade conventions like the CISG. It's especially valuable for businesses requiring a sophisticated legal framework that can accommodate both domestic and cross-border transactions.
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1. Parties: Identification and details of the contracting parties
2. Background: Context of the agreement and commercial relationship between the parties
3. Definitions: Key terms used throughout the agreement
4. Scope of Agreement: Framework terms governing the overall relationship and future purchase orders
5. Ordering Process: Procedures for submitting and accepting purchase orders
6. Prices and Payment Terms: Pricing mechanism, payment terms, invoicing requirements
7. Delivery and Risk: Delivery terms, transfer of risk, Incoterms
8. Quality and Inspection: Quality standards, inspection rights, acceptance procedures
9. Warranties: Product warranties and quality guarantees
10. Liability and Indemnification: Limitation of liability, indemnification obligations
11. Term and Termination: Duration of agreement, termination rights and procedures
12. Confidentiality: Protection of confidential information
13. Force Majeure: Events excusing performance
14. Governing Law and Jurisdiction: Choice of Swiss law and jurisdiction
15. General Provisions: Standard boilerplate clauses including assignment, notices, amendments
1. Minimum Purchase Commitments: Used when buyer commits to minimum purchase volumes
2. Exclusivity: Include when parties agree to exclusive dealing arrangements
3. Intellectual Property Rights: Required when IP licenses or technology transfer is involved
4. Data Protection: Include when personal data processing is part of the relationship
5. Export Control: Necessary for international sales of regulated goods
6. Environmental Compliance: Include for products with environmental implications
7. Supply Chain Security: Important for international trade and regulated industries
8. Change Control: Used when formal process for changes is needed
9. Service Levels: Include when specific performance metrics are required
1. Products and Pricing Schedule: List of products and pricing structure
2. Technical Specifications: Detailed product specifications and requirements
3. Quality Requirements: Specific quality standards and testing procedures
4. Service Levels: Performance metrics and measurement criteria
5. Form of Purchase Order: Standard template for purchase orders
6. Key Contacts: List of key personnel and communication protocols
7. Affiliated Companies: List of affiliates authorized to use the agreement
8. Special Terms for Specific Territories: Territory-specific requirements or modifications
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