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Price Agreement
1. Parties: Identification and details of the contracting parties
2. Background: Context of the agreement and commercial relationship between the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Agreement: Overview of what products/services are covered by the pricing agreement
5. Pricing Structure: Core pricing terms, including base prices, adjustment mechanisms, and payment terms
6. Price Adjustment Mechanism: Process and conditions for price changes, including notice periods and negotiation procedures
7. Invoicing and Payment: Details of invoicing process, payment terms, and payment methods
8. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
9. Confidentiality: Obligations regarding confidential information, including pricing details
10. Force Majeure: Provisions for circumstances beyond parties' control affecting price or performance
11. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes
12. General Provisions: Standard legal provisions including entire agreement, amendments, and notices
1. Volume Commitments: Include when there are minimum purchase obligations or tiered pricing based on volume
2. Exclusivity: Include when one party is granted exclusive rights or pricing
3. Marketing and Promotion: Include when there are specific requirements about how prices can be advertised or promoted
4. Audit Rights: Include when parties need rights to verify pricing calculations or volume data
5. Competition Compliance: Include when there are specific competition law considerations or compliance requirements
6. Currency and Exchange Rates: Include for international agreements where currency conversion is relevant
7. Price Matching: Include when there are competitive price matching obligations
8. Service Levels: Include when pricing is linked to service performance metrics
1. Price List: Detailed listing of all prices for products/services covered by the agreement
2. Price Calculation Methodology: Detailed explanation of how prices are calculated, including any formulas or variables
3. Product/Service Specifications: Detailed description of products/services covered by the pricing agreement
4. Volume Tiers and Discounts: Details of volume-based pricing tiers and associated discounts
5. Price Adjustment Examples: Examples showing how price adjustments would work in practice
6. Key Performance Indicators: Metrics used to measure performance if linked to pricing
7. Form of Price Change Notice: Template for formal price change notifications
8. Contact Details: List of key contacts for pricing discussions and notifications
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