One Sided Contract for Malaysia

One Sided Contract Template for Malaysia

This document template provides a comprehensive framework for creating a one-sided contract under Malaysian law, incorporating all necessary elements required by the Contracts Act 1950 and related legislation. It is structured to create a legally binding unilateral offer that can be accepted through performance, with clear terms and conditions that protect the offering party's interests while ensuring enforceability under Malaysian jurisdiction. The document includes provisions for offer terms, performance requirements, consideration, and termination conditions, all aligned with Malaysian legal requirements and business practices.

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What is a One Sided Contract?

This One Sided Contract template is designed for use in Malaysian business contexts where an entity wishes to make a unilateral offer that can be accepted through specific performance rather than explicit acceptance. The document is particularly relevant for scenarios such as reward offers, tender submissions, performance-based agreements, and promotional campaigns. It incorporates all requirements under Malaysian law, including the Contracts Act 1950, Consumer Protection Act 1999, and relevant commercial regulations. The template includes comprehensive sections covering offer terms, performance criteria, payment conditions, and termination rights, making it suitable for various commercial applications while ensuring legal compliance and protection of the offering party's interests.

What sections should be included in a One Sided Contract?

1. Parties: Identification of the party making the offer (offeror) and the class or category of persons who may accept it

2. Background: Context of the contract and the intention to create a unilateral binding agreement

3. Definitions: Detailed definitions of terms used throughout the contract

4. Offer Terms: Clear statement of the specific offer being made and conditions for acceptance

5. Performance Requirements: Detailed description of what constitutes acceptable performance to claim the benefit

6. Payment or Consideration: Terms of payment or consideration upon successful completion of the required performance

7. Time for Performance: Specific timeframes or deadlines for performance

8. Termination: Circumstances under which the offer can be withdrawn or the contract terminated

9. Governing Law: Explicit statement of Malaysian law as governing law

10. Entire Agreement: Clause stating this document represents the complete agreement regarding the offer

What sections are optional to include in a One Sided Contract?

1. Notices: Required when formal communications between parties need to be regulated

2. Assignment: Include when rights under the contract might need to be transferable

3. Force Majeure: Include when performance might be affected by events beyond parties' control

4. Dispute Resolution: Include when specific dispute resolution mechanisms are preferred

5. Confidentiality: Include when sensitive information will be shared during performance

6. Insurance Requirements: Include when performance involves risks requiring insurance coverage

7. Compliance with Laws: Include when performance involves regulated activities

What schedules should be included in a One Sided Contract?

1. Schedule 1 - Performance Specifications: Detailed technical or operational requirements for performance

2. Schedule 2 - Payment Terms: Detailed breakdown of payment amounts, methods and timing

3. Schedule 3 - Required Documentation: List of documents required as proof of performance

4. Appendix A - Form of Notice: Standard template for formal notices under the contract

5. Appendix B - Acceptance Form: Template form for accepting the offer and terms

Authors

Alex Denne

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

Jurisdiction

Malaysia

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant Industries

Financial Services

Insurance

Real Estate

Retail

Education

Technology

Manufacturing

Professional Services

Healthcare

Construction

Telecommunications

Relevant Teams

Legal

Compliance

Procurement

Human Resources

Commercial Operations

Risk Management

Business Development

Corporate Secretariat

Operations

Contract Administration

Relevant Roles

Legal Counsel

Contract Manager

Compliance Officer

Business Development Manager

Procurement Manager

Human Resources Director

Commercial Director

Risk Manager

Operations Manager

Project Manager

Legal Administrator

Corporate Secretary

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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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