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Master Pricing Agreement Template for Malaysia

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Key Requirements PROMPT example:

Master Pricing Agreement

"I need a Master Pricing Agreement under Malaysian law for my technology company to supply hardware components to multiple enterprise customers, with quarterly price review mechanisms and volume-based discounts for orders exceeding 10,000 units."

What is a Master Pricing Agreement?

The Master Pricing Agreement is essential for businesses operating in Malaysia that require a structured framework for managing long-term pricing relationships. It is particularly relevant when parties need to establish consistent pricing terms across multiple transactions or product lines, while ensuring compliance with Malaysian pricing regulations and competition laws. This agreement typically includes detailed pricing mechanisms, adjustment procedures, volume considerations, and may incorporate industry-specific requirements. The document serves as a master agreement that can be referenced by subsequent purchase orders or supply agreements, streamlining commercial operations while maintaining pricing transparency and compliance with Malaysian legal requirements.

What sections should be included in a Master Pricing Agreement?

1. Parties: Identification of the contracting parties, including full legal names, registration numbers, and registered addresses

2. Background: Context of the agreement, relationship between parties, and purpose of the pricing arrangement

3. Definitions: Detailed definitions of terms used throughout the agreement, including pricing-related terminology

4. Scope of Agreement: Overview of products/services covered by the pricing agreement and territory of application

5. Pricing Structure: Core pricing mechanisms, base prices, and pricing methodology

6. Price Adjustments: Procedures and conditions for price modifications, including notice periods and approval processes

7. Payment Terms: Payment conditions, invoicing requirements, and payment methods

8. Term and Termination: Duration of the agreement and circumstances for termination

9. Confidentiality: Protection of pricing and other confidential information

10. Compliance: Obligations to comply with relevant Malaysian laws, including competition and price control regulations

11. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes

What sections are optional to include in a Master Pricing Agreement?

1. Volume Commitments: Used when the agreement includes minimum purchase volumes or tiered pricing based on volume

2. Exclusivity: Include when parties agree to exclusive pricing arrangements

3. Currency and Exchange Rates: Required for international agreements or when multiple currencies are involved

4. Force Majeure: Include when parties want protection from extraordinary events affecting pricing or performance

5. Audit Rights: Include when regular auditing of pricing compliance is required

6. Most Favored Nation: Used when one party requires assurance of receiving the best available pricing

7. Cost Pass-Through Provisions: Include when certain cost increases can be passed through to the other party

8. Service Levels: Required when pricing is linked to performance metrics or service levels

What schedules should be included in a Master Pricing Agreement?

1. Schedule 1 - Price List: Detailed listing of all prices for products/services covered by the agreement

2. Schedule 2 - Product/Service Specifications: Detailed descriptions of products/services subject to the pricing agreement

3. Schedule 3 - Price Adjustment Mechanism: Detailed methodology for calculating price adjustments, including any formulas or indices

4. Schedule 4 - Volume Discount Structure: Breakdown of volume-based discounts and calculation methods

5. Schedule 5 - Territories: List of geographical areas covered by the pricing agreement

6. Appendix A - Forms and Templates: Standard forms for price change notifications, purchase orders, etc.

7. Appendix B - Contact Details: List of key contacts for pricing discussions and notifications

8. Appendix C - Compliance Requirements: Specific regulatory requirements affecting pricing in relevant jurisdictions

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































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Relevant Industries

Manufacturing

Retail

Technology

Telecommunications

Healthcare

Automotive

Consumer Goods

Industrial Products

Energy

Logistics

Professional Services

Construction

Food and Beverage

Relevant Teams

Legal

Procurement

Sales

Finance

Commercial Operations

Supply Chain

Business Development

Risk Management

Compliance

Vendor Management

Relevant Roles

Commercial Director

Procurement Manager

Sales Director

Contract Manager

Chief Financial Officer

Pricing Analyst

Supply Chain Manager

Business Development Manager

Legal Counsel

Commercial Operations Manager

Category Manager

Vendor Manager

Finance Director

Risk Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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