The Party Agreement Contract is a fundamental legal instrument in Indonesian business and civil transactions, designed to formalize relationships between multiple parties under Indonesian law. This document type is essential when two or more parties need to establish clear, legally binding terms for their relationship, whether for business cooperation, service provision, or other mutual obligations. It must comply with the Indonesian Civil Code (KUHPer), particularly Articles 1313-1351 governing contract formation, and Law No. 24 of 2009 regarding language requirements. The document includes comprehensive provisions for rights, obligations, dispute resolution, and termination, making it suitable for various commercial and civil arrangements. It's particularly relevant in situations requiring formal documentation of agreements between multiple stakeholders while ensuring compliance with Indonesian legal requirements.
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1. Parties: Identification and details of all parties to the agreement, including their legal status and authorized representatives
2. Background: Context and purpose of the agreement, including any relevant history or circumstances leading to the agreement
3. Definitions: Definitions of key terms used throughout the agreement to ensure consistent interpretation
4. Term and Commencement: Duration of the agreement and conditions for its commencement
5. Rights and Obligations: Detailed description of each party's rights and responsibilities under the agreement
6. Payment Terms: Financial arrangements, including payment amounts, schedules, and methods
7. Representations and Warranties: Statements of fact and promises made by each party regarding their capacity and authority
8. Confidentiality: Obligations regarding the protection and non-disclosure of confidential information
9. Default and Remedies: Events constituting default and available remedies for affected parties
10. Termination: Circumstances and procedures for ending the agreement
11. Governing Law: Specification of Indonesian law as governing law and jurisdiction
12. Notices: Methods and addresses for formal communications between parties
13. Execution: Signature blocks and execution requirements in compliance with Indonesian law
1. Force Majeure: Provisions for unforeseen circumstances preventing performance, used when parties want specific protection against extraordinary events
2. Assignment: Rights and restrictions regarding transfer of rights or obligations, included when transfer possibilities need to be addressed
3. Intellectual Property: Protection and ownership of IP rights, included when IP is relevant to the agreement
4. Insurance: Insurance requirements and obligations, included when specific risks need to be covered
5. Dispute Resolution: Detailed procedures for resolving disputes, included when parties want specific resolution mechanisms beyond court proceedings
6. Compliance with Laws: Specific regulatory compliance obligations, included when the agreement involves regulated activities
7. Change Control: Procedures for making changes to the agreement or services, included in complex or long-term agreements
1. Schedule 1 - Service Specifications: Detailed description of services or deliverables to be provided
2. Schedule 2 - Pricing and Payment Details: Detailed breakdown of pricing, payment schedules, and calculation methods
3. Schedule 3 - Key Personnel: List of key personnel from each party involved in the agreement
4. Schedule 4 - Performance Metrics: Specific performance indicators and measurement criteria
5. Appendix A - Required Forms: Standard forms or documents required for contract administration
6. Appendix B - Technical Requirements: Technical specifications or requirements relevant to the agreement
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Real Estate
Technology
Consumer Goods
Financial Services
Energy
Infrastructure
Healthcare
Education
Retail
Agriculture
Mining
Transportation
Hospitality
Relevant Teams
Legal
Compliance
Corporate Secretariat
Business Development
Operations
Risk Management
Commercial
Executive Leadership
Project Management
Procurement
Finance
Relevant Roles
Legal Counsel
Contract Manager
Business Development Manager
Chief Legal Officer
Compliance Officer
Corporate Secretary
Managing Director
Chief Executive Officer
Operations Manager
Project Manager
Risk Manager
Commercial Director
Partnership Manager
General Manager
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