Business To Business Contract for New Zealand

Business To Business Contract Template for New Zealand

A comprehensive commercial agreement template designed for business-to-business transactions under New Zealand law. This document provides a structured framework for establishing and managing commercial relationships between organizations, incorporating key provisions required by New Zealand legislation including the Contract and Commercial Law Act 2017, Fair Trading Act 1986, and Commerce Act 1986. The agreement includes essential clauses for defining business relationships, outlining obligations, managing risk, and ensuring compliance with New Zealand's commercial law framework, while maintaining flexibility to accommodate various business scenarios and industry-specific requirements.

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What is a Business To Business Contract?

This Business To Business Contract template is designed for use in New Zealand commercial transactions where two or more business entities wish to establish a formal commercial relationship. It serves as a comprehensive framework for documenting business arrangements, incorporating mandatory requirements under New Zealand law while maintaining flexibility for various commercial scenarios. The document includes essential provisions for risk allocation, performance obligations, and dispute resolution, tailored to meet the requirements of New Zealand's commercial law framework. It is particularly suitable for ongoing business relationships, significant one-time transactions, or complex commercial arrangements where clear terms and conditions are crucial. The template accommodates various business sectors and can be customized based on specific industry requirements while ensuring compliance with relevant New Zealand legislation such as the Contract and Commercial Law Act 2017 and Fair Trading Act 1986.

What sections should be included in a Business To Business Contract?

1. Parties: Identifies the contracting parties with their full legal names, registration numbers, and registered addresses

2. Background: Sets out the context and purpose of the agreement, including any relevant history of the business relationship

3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation

4. Term and Commencement: Specifies the duration of the agreement and when it becomes effective

5. Services/Goods: Details the core obligations, products, or services to be provided under the agreement

6. Payment Terms: Specifies pricing, payment schedules, invoicing requirements, and GST treatment

7. Obligations and Responsibilities: Lists specific duties and responsibilities of each party

8. Representations and Warranties: States the promises and assurances made by each party

9. Intellectual Property: Addresses ownership and usage rights of IP involved in the agreement

10. Confidentiality: Defines confidential information and obligations regarding its protection

11. Liability and Indemnity: Sets out liability limitations and indemnification obligations

12. Termination: Specifies how and when the agreement can be terminated

13. Dispute Resolution: Outlines the process for resolving disputes

14. General Provisions: Contains standard boilerplate clauses including governing law, notices, and assignment

15. Execution: Signature blocks and execution details

What sections are optional to include in a Business To Business Contract?

1. Service Levels: Include when specific performance metrics need to be maintained

2. Change Control: Include for contracts where scope or specifications may need to change over time

3. Insurance: Include when specific insurance coverage requirements need to be maintained

4. Data Protection: Include when significant personal data processing is involved

5. Force Majeure: Include when protection against unforeseen events is required

6. Anti-Bribery and Corruption: Include for high-value contracts or when dealing with government-related entities

7. Audit Rights: Include when one party needs rights to audit the other's compliance

8. Business Continuity: Include for critical service providers or long-term partnerships

9. Export Control: Include when goods or services may be subject to export regulations

10. Environmental Compliance: Include when environmental impacts are relevant to the contract

What schedules should be included in a Business To Business Contract?

1. Schedule 1 - Pricing and Payment Terms: Detailed breakdown of prices, rates, and payment schedules

2. Schedule 2 - Service/Product Specifications: Detailed technical specifications or service descriptions

3. Schedule 3 - Service Levels and KPIs: Specific performance metrics and measurement criteria

4. Schedule 4 - Change Request Form: Template for requesting and documenting changes

5. Schedule 5 - Key Personnel: List of key contacts and responsible personnel from each party

6. Schedule 6 - Implementation Plan: Timeline and milestones for contract implementation

7. Appendix A - Insurance Requirements: Detailed insurance coverage requirements

8. Appendix B - Compliance Requirements: Specific regulatory or compliance obligations

9. Appendix C - Technical Requirements: Detailed technical standards or requirements

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

New Zealand

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Technology

Manufacturing

Professional Services

Retail

Wholesale

Construction

Healthcare

Financial Services

Logistics

Agriculture

Education

Telecommunications

Energy

Mining

Real Estate

Hospitality

Relevant Teams

Legal

Procurement

Commercial

Finance

Operations

Risk and Compliance

Business Development

Sales

Executive Leadership

Administration

Project Management

Account Management

Relevant Roles

Legal Counsel

Commercial Manager

Procurement Manager

Contract Manager

Business Development Manager

Operations Manager

Chief Financial Officer

Chief Executive Officer

Risk Manager

Compliance Officer

Project Manager

Account Manager

Sales Director

Managing Director

General Manager

Company 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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