Master Agreement for Pakistan

Master Agreement Template for Pakistan

A comprehensive legal framework document governed by Pakistani law that establishes the fundamental terms and conditions for ongoing business relationships between parties. This agreement serves as an umbrella document under which future transactions can be executed through purchase orders or statements of work. The document incorporates key provisions of Pakistani contract law, including the Contract Act 1872 and relevant commercial legislation, while ensuring compliance with Islamic law principles where applicable. It includes detailed sections on contract formation, performance obligations, risk allocation, dispute resolution, and standard commercial terms, providing a robust foundation for long-term business relationships.

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What is a Master Agreement?

The Master Agreement serves as the primary contractual framework for establishing long-term business relationships between parties operating under Pakistani jurisdiction. It is particularly suitable for situations where parties anticipate multiple transactions or ongoing services over an extended period, eliminating the need to negotiate terms for each individual transaction. The document encompasses comprehensive provisions addressing key commercial aspects such as ordering processes, delivery terms, payment mechanisms, and risk allocation, while ensuring compliance with Pakistani legal requirements including the Contract Act 1872 and Islamic law principles. This Master Agreement typically operates alongside transaction-specific documents like purchase orders or statements of work, which incorporate the master terms by reference while adding transaction-specific details.

What sections should be included in a Master Agreement?

1. Parties: Identification and details of the contracting parties, including registered addresses and company registration numbers

2. Background: Context of the agreement, relationship between parties, and general purpose of the master agreement

3. Definitions and Interpretation: Comprehensive list of defined terms and interpretation rules for the agreement

4. Scope of Agreement: Overview of services/products covered and the framework for specific transactions

5. Term and Termination: Duration of the agreement, renewal provisions, and circumstances for termination

6. Ordering Process: Procedures for placing and accepting orders under the master agreement

7. Delivery and Performance: Standards for delivery of goods/services, acceptance criteria, and performance metrics

8. Payment Terms: Pricing structure, invoicing procedures, payment timelines, and related financial terms

9. Warranties and Representations: Guarantees and assertions made by each party regarding their capacity and obligations

10. Intellectual Property Rights: Ownership and usage rights of IP, including pre-existing and newly created IP

11. Confidentiality: Protection of confidential information, permitted uses, and disclosure restrictions

12. Liability and Indemnification: Allocation of risks, limitation of liability, and indemnification obligations

13. Force Majeure: Provisions for unforeseen circumstances preventing performance

14. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law

15. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement

What sections are optional to include in a Master Agreement?

1. Compliance with Islamic Law: Specific provisions ensuring compliance with Shariah principles, required for agreements involving Islamic financial arrangements

2. Exclusivity: Restrictions on parties engaging with competitors, included when exclusive arrangements are required

3. White Labeling: Terms for rebranding and reselling products/services, needed for white-label arrangements

4. Data Protection: Specific provisions for handling personal data, required when personal data processing is involved

5. Insurance: Specific insurance requirements, included for high-risk activities or when required by industry standards

6. Anti-Corruption: Specific anti-corruption provisions, particularly important for international transactions

7. Change Control: Procedures for managing changes to services/products, important for complex or long-term arrangements

8. Service Levels: Detailed performance metrics and remedies, needed for service-based agreements

What schedules should be included in a Master Agreement?

1. Schedule 1 - Services/Products Description: Detailed description of services/products covered under the agreement

2. Schedule 2 - Pricing and Payment Terms: Detailed pricing structure, rates, and specific payment arrangements

3. Schedule 3 - Service Levels and KPIs: Specific performance metrics, measurement methods, and remedies

4. Schedule 4 - Technical Specifications: Detailed technical requirements and specifications

5. Schedule 5 - Form of Purchase Order: Template for individual orders under the master agreement

6. Schedule 6 - Contact Details: Key personnel and contact information for both parties

7. Schedule 7 - Change Control Procedures: Detailed procedures for requesting and implementing changes

8. Appendix A - Compliance Requirements: Specific regulatory and compliance requirements applicable to the agreement

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

Pakistan

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Information Technology

Manufacturing

Financial Services

Telecommunications

Healthcare

Energy and Utilities

Retail and Consumer Goods

Professional Services

Construction and Infrastructure

Logistics and Transportation

Education

Agriculture

Pharmaceuticals

Mining and Natural Resources

Relevant Teams

Legal

Commercial

Procurement

Finance

Operations

Risk and Compliance

Business Development

Supply Chain

Corporate Secretariat

Executive Leadership

Project Management

Relevant Roles

Chief Legal Officer

Legal Director

Head of Legal

Commercial Director

Procurement Manager

Contract Manager

Legal Counsel

Chief Financial Officer

Business Development Manager

Operations Director

Risk Manager

Compliance Officer

Company Secretary

General Manager

Chief Executive Officer

Commercial Manager

Supply Chain Manager

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

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