This Business Contract template is designed for use in New Zealand commercial contexts where two or more business entities need to establish a formal commercial relationship. It serves as a foundational document for various business arrangements, from service provision to supply agreements, incorporating necessary provisions under New Zealand law. The document is particularly relevant when businesses need to clearly define their obligations, commercial terms, and risk allocation in compliance with New Zealand legislation such as the Contract and Commercial Law Act 2017, Fair Trading Act 1986, and Commerce Act 1986. It includes customizable sections to address specific business needs while maintaining legal compliance and protecting parties' interests in the New Zealand jurisdiction.
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1. Parties: Identifies and provides full legal details of all parties entering into the contract
2. Background: Sets out the context and purpose of the agreement, including any relevant business relationship history
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Term and Commencement: Specifies when the agreement starts and its duration
5. Obligations and Responsibilities: Details the core obligations and responsibilities of each party
6. Payment Terms: Specifies pricing, payment schedules, and payment methods
7. Intellectual Property: Addresses ownership and usage rights of intellectual property
8. Confidentiality: Defines confidential information and obligations to protect it
9. Termination: Outlines conditions and processes for ending the agreement
10. Dispute Resolution: Establishes the process for resolving disagreements
11. General Provisions: Contains standard legal clauses including governing law, notices, and assignment
1. Service Levels: Include when specific performance standards need to be maintained
2. Change Control: Add when the scope of services/goods may need to be modified during the term
3. Insurance: Include when specific insurance coverage is required
4. Data Protection: Add when personal data processing is involved
5. Force Majeure: Include when protection against unforeseen events is needed
6. Compliance with Laws: Add when specific regulatory compliance needs to be addressed
7. Warranties: Include when specific promises about products/services need to be made
8. Indemnification: Add when specific risk allocation needs to be addressed
1. Schedule 1 - Services/Products: Detailed description of services or products being provided
2. Schedule 2 - Pricing: Detailed pricing structure and payment terms
3. Schedule 3 - Service Levels: Specific performance metrics and standards
4. Schedule 4 - Key Personnel: Details of key staff members involved in delivery
5. Schedule 5 - Implementation Plan: Timeline and milestones for contract implementation
6. Appendix A - Technical Specifications: Detailed technical requirements or specifications
7. Appendix B - Form of Change Request: Template for requesting and documenting changes
8. Appendix C - Contact Details: Contact information for key representatives of each party
Relevant legal definitions
Agreement
Business Day
Business Hours
Commencement Date
Confidential Information
Contract Price
Defaulting Party
Deliverables
Dispute
Effective Date
Force Majeure Event
GST
Initial Term
Intellectual Property Rights
Key Personnel
Loss
Material Breach
Non-Defaulting Party
Notice
Parties
Payment Terms
Personnel
Products
Related Company
Renewal Term
Representatives
Services
Service Levels
Specifications
Subcontractor
Term
Territory
Third Party
Working Hours
Business Day
Business Hours
Commencement Date
Confidential Information
Contract Price
Defaulting Party
Deliverables
Dispute
Effective Date
Force Majeure Event
GST
Initial Term
Intellectual Property Rights
Key Personnel
Loss
Material Breach
Non-Defaulting Party
Notice
Parties
Payment Terms
Personnel
Products
Related Company
Renewal Term
Representatives
Services
Service Levels
Specifications
Subcontractor
Term
Territory
Third Party
Working Hours
Clauses
Parties and Interpretation
Definitions
Term and Renewal
Services/Products
Payment and Invoicing
GST and Taxation
Obligations and Responsibilities
Performance Standards
Intellectual Property
Confidentiality
Data Protection
Personnel and Resources
Subcontracting
Insurance
Warranties
Liability and Indemnity
Force Majeure
Termination
Dispute Resolution
Assignment and Novation
Notices
Relationship of Parties
Compliance with Laws
Health and Safety
Business Continuity
Change Management
Audit Rights
Record Keeping
Governing Law
General Provisions
Definitions
Term and Renewal
Services/Products
Payment and Invoicing
GST and Taxation
Obligations and Responsibilities
Performance Standards
Intellectual Property
Confidentiality
Data Protection
Personnel and Resources
Subcontracting
Insurance
Warranties
Liability and Indemnity
Force Majeure
Termination
Dispute Resolution
Assignment and Novation
Notices
Relationship of Parties
Compliance with Laws
Health and Safety
Business Continuity
Change Management
Audit Rights
Record Keeping
Governing Law
General Provisions
Relevant Industries
Professional Services
Manufacturing
Retail
Technology
Construction
Financial Services
Healthcare
Agriculture
Transport and Logistics
Education
Hospitality
Mining and Resources
Real Estate
Media and Communications
Energy
Relevant Teams
Legal
Commercial
Operations
Finance
Procurement
Risk and Compliance
Business Development
Sales
Executive Leadership
Project Management
Account Management
Administrative Support
Relevant Roles
Legal Counsel
Commercial Manager
Contract Manager
Business Development Manager
Operations Manager
Chief Executive Officer
Chief Financial Officer
Procurement Manager
Risk Manager
Company Secretary
General Manager
Sales Director
Project Manager
Account Manager
Compliance Officer
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