Document background
The Overagreement is designed for complex business relationships in Indonesia where parties anticipate entering into multiple related agreements over time. It establishes a unified framework that streamlines future contracting processes by standardizing general terms, conditions, and operational procedures. This document type is particularly valuable for long-term business relationships involving recurring transactions or projects. The agreement must comply with Indonesian law, including the Civil Code (KUHPerdata) and Law No. 24 of 2009 regarding language requirements. It typically includes provisions for contract hierarchy, ensuring clear precedence rules between the Overagreement and subsequent related agreements, while maintaining flexibility for specific commercial arrangements. This structure is commonly used in various sectors where ongoing business relationships require consistent governance while accommodating diverse transaction types.
