Price Agreement for the Netherlands

Price Agreement Template for Netherlands

A Price Agreement under Dutch law is a comprehensive commercial contract that establishes the terms and conditions for pricing of goods or services between parties. It details the pricing structure, payment terms, adjustment mechanisms, and related commercial conditions. The agreement complies with Dutch civil law requirements, particularly the Dutch Civil Code (Burgerlijk Wetboek), and includes provisions for price adjustments, volume commitments, and quality standards. This document serves as a foundation for ongoing commercial relationships, providing clarity and certainty regarding pricing arrangements while ensuring compliance with Dutch commercial and competition law.

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What is a Price Agreement?

The Price Agreement is a fundamental commercial document used to establish clear and legally binding pricing arrangements between parties conducting business in or under the laws of the Netherlands. This document type is particularly crucial when parties engage in ongoing commercial relationships requiring structured pricing mechanisms, whether for goods or services. The agreement covers essential elements such as base pricing, adjustment mechanisms, volume considerations, and payment terms, while ensuring compliance with Dutch commercial law requirements. A Price Agreement is especially valuable when parties need a formal framework for price management, want to ensure pricing predictability, or require clear mechanisms for price adjustments over time. The document typically supports long-term business relationships and can be customized to accommodate various commercial arrangements while maintaining compliance with Dutch legal requirements and commercial practices.

What sections should be included in a Price Agreement?

1. Parties: Identification and details of the contracting parties

2. Background: Context of the agreement and business relationship

3. Definitions: Defined terms used throughout the agreement

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

5. Pricing Structure: Core pricing terms, rates, and calculation methods

6. Payment Terms: Payment conditions, timing, and methods

7. Duration and Renewal: Term of the agreement and renewal provisions

8. Price Adjustment Mechanisms: Conditions and procedures for price changes

9. Ordering Process: Procedures for placing and accepting orders

10. Delivery Terms: Delivery conditions and requirements

11. Quality Requirements: Quality standards and specifications

12. Confidentiality: Protection of confidential information

13. Liability and Indemnification: Allocation of risks and responsibilities

14. Termination: Conditions and process for ending the agreement

15. Governing Law and Jurisdiction: Applicable law and dispute resolution

16. General Provisions: Standard boilerplate clauses

What sections are optional to include in a Price Agreement?

1. Volume Commitments: Include when parties agree to minimum purchase or supply volumes

2. Exclusivity Arrangements: Include when there are exclusive supply or purchase obligations

3. Rebates and Discounts: Include when the pricing includes rebate or discount schemes

4. Performance Metrics: Include when specific performance KPIs are part of the pricing structure

5. Force Majeure: Include for longer-term agreements or when specifically requested

6. Intellectual Property: Include when IP rights are relevant to the pricing arrangement

7. Compliance Requirements: Include when specific regulatory compliance is crucial

8. Audit Rights: Include when verification of pricing calculations is needed

9. Insurance Requirements: Include when specific insurance coverage is required

10. Change Management: Include for complex pricing arrangements that may need adjustment

What schedules should be included in a Price Agreement?

1. Price List: Detailed listing of all prices, rates, and charges

2. Product/Service Specifications: Detailed description of products/services covered

3. Volume Discount Structure: Detailed breakdown of volume-based pricing tiers

4. Service Level Agreement: Performance standards and related price adjustments

5. Price Adjustment Formula: Detailed calculation method for price adjustments

6. Order Form Template: Standard form for placing orders under the agreement

7. Quality Standards: Detailed quality specifications and requirements

8. Reporting Templates: Standard formats for price-related reporting

9. Contact Details: List of key contacts for both parties

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

Netherlands

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Manufacturing

Retail

Wholesale Trade

Technology

Professional Services

Construction

Healthcare

Automotive

Electronics

Food and Beverage

Chemical Industry

Telecommunications

Energy

Logistics

Industrial Equipment

Relevant Teams

Legal

Procurement

Sales

Finance

Commercial Operations

Supply Chain

Vendor Management

Contract Management

Business Development

Operations

Relevant Roles

Procurement Manager

Commercial Director

Contract Manager

Legal Counsel

Sales Director

Finance Manager

Supply Chain Manager

Category Manager

Vendor Manager

Business Development Manager

Commercial Operations Manager

Chief Financial Officer

Purchasing Director

Account Manager

Operations Director

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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