The Price Agreement is a fundamental commercial document used in Austrian business transactions to establish clear and legally compliant pricing arrangements between parties. It is particularly relevant when parties need to formalize ongoing pricing relationships, whether for goods, services, or both. The document addresses the Austrian market's specific requirements and must comply with local commercial law (UGB), civil code (ABGB), and where applicable, consumer protection legislation. This type of agreement is essential when parties need to document specific pricing terms, adjustment mechanisms, and payment conditions, while ensuring compliance with Austrian competition law and industry-specific regulations. The Price Agreement typically includes detailed provisions for price calculations, adjustment formulas, and may incorporate volume-based pricing or special industry considerations.
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1. Parties: Identification and details of the contracting parties
2. Background: Context of the agreement and business relationship between the parties
3. Definitions: Key terms used throughout the agreement
4. Base Price: Establishment of the core pricing structure and base rates
5. Price Adjustments: Mechanisms and conditions for price modifications
6. Payment Terms: Payment schedule, methods, and conditions
7. Duration: Term of the agreement and renewal provisions
8. Termination: Conditions and process for ending the agreement
9. Confidentiality: Protection of pricing and other sensitive information
10. Governing Law: Confirmation of Austrian law application and jurisdiction
11. General Provisions: Standard boilerplate clauses including notices, amendments, and entire agreement
1. Volume-Based Pricing: Include when pricing varies based on purchase volumes or thresholds
2. Currency and Exchange Rates: Include for international agreements or when multiple currencies are involved
3. Price Reporting: Include when regular price reporting or transparency requirements exist
4. Most Favored Nation: Include when agreeing to provide best available pricing terms
5. Force Majeure: Include when price adjustments may be needed due to extraordinary circumstances
6. Industry-Specific Compliance: Include when dealing with regulated industries or specific sector requirements
7. Tax Provisions: Include detailed tax handling when complex tax implications exist
1. Price List: Detailed breakdown of all prices, rates, and charges
2. Price Adjustment Formula: Mathematical formula and methodology for calculating price adjustments
3. Volume Discount Schedule: Table of volume thresholds and corresponding discounts if applicable
4. Service Level Requirements: Performance metrics that may impact pricing
5. Calculation Examples: Practical examples demonstrating how prices are calculated in various scenarios
6. Historical Price Data: Reference data for baseline prices if relevant to adjustment mechanisms
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Retail
Wholesale Trade
Industrial Supply
Construction
Energy
Technology
Automotive
Healthcare
Professional Services
Food and Beverage
Telecommunications
Transportation and Logistics
Relevant Teams
Legal
Procurement
Sales
Finance
Commercial Operations
Supply Chain
Business Development
Contract Management
Pricing
Account Management
Relevant Roles
Commercial Director
Procurement Manager
Sales Director
Contract Manager
Legal Counsel
Financial Controller
Business Development Manager
Supply Chain Manager
Category Manager
Pricing Analyst
Commercial Operations Manager
Chief Financial Officer
Vendor Manager
Account Executive
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