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General Business Contract for New Zealand

General Business Contract Template for New Zealand

This comprehensive General Business Contract template is designed for use in New Zealand, incorporating all relevant provisions under New Zealand contract law and commercial legislation. The document provides a robust framework for business relationships, including detailed sections on parties' obligations, payment terms, liability, dispute resolution, and termination provisions. It complies with the Contract and Commercial Law Act 2017 and other relevant New Zealand legislation, while maintaining flexibility to adapt to various business contexts and requirements.

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What is a General Business Contract?

The General Business Contract serves as a foundational legal document for establishing and managing business relationships in New Zealand. It is designed to be adaptable to various commercial contexts while ensuring compliance with New Zealand's legal framework, including the Contract and Commercial Law Act 2017, Fair Trading Act 1986, and other relevant legislation. This document is particularly useful for businesses seeking to formalize their commercial relationships, whether for service provision, supply arrangements, or other business collaborations. It includes essential provisions for protecting both parties' interests, managing risks, and providing clear guidance on rights and obligations throughout the business relationship.

What sections should be included in a General Business Contract?

1. Parties: Identifies and provides full legal details of all parties entering into the agreement

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

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes rules for interpretation

4. Term and Commencement: Specifies when the agreement starts and its duration

5. Obligations and Responsibilities: Details the core obligations and responsibilities of each party

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

7. Confidentiality: Establishes obligations regarding confidential information

8. Intellectual Property: Addresses ownership and usage rights of any intellectual property

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

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

11. Dispute Resolution: Outlines the process for resolving disputes

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

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

1. Performance Standards: Used when specific service levels or quality standards need to be maintained

2. Insurance: Required when specific insurance coverage needs to be maintained by either party

3. Force Majeure: Include when parties want to address circumstances beyond their control that might affect performance

4. Change Control: Needed when the scope of services or products may need to be modified during the term

5. Data Protection: Required when personal data processing is involved

6. Compliance with Laws: Include when specific regulatory compliance obligations need to be addressed

7. Warranties: Used when specific guarantees about products or services are being provided

8. Subcontracting: Include when either party may need to subcontract their obligations

9. Training and Support: Required when ongoing support or training services are part of the agreement

What schedules should be included in a General Business Contract?

1. Schedule 1 - Services/Products: Detailed description of services or products being provided

2. Schedule 2 - Pricing and Payment: Detailed pricing structures, rates, and payment terms

3. Schedule 3 - Service Levels: Specific performance metrics and service level requirements

4. Schedule 4 - Key Personnel: Details of key staff members involved in delivering the services

5. Schedule 5 - Implementation Plan: Timeline and milestones for implementing the agreement

6. Appendix A - Technical Specifications: Technical details and specifications for products or services

7. Appendix B - Form Documents: Standard forms used in the course of the agreement such as change requests or reports

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

New Zealand

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions














































Clauses












































Relevant Industries

Professional Services

Information Technology

Manufacturing

Retail

Construction

Healthcare

Education

Financial Services

Hospitality

Transportation

Real Estate

Agriculture

Mining

Energy

Telecommunications

Media and Entertainment

Consulting

Relevant Teams

Legal

Procurement

Commercial

Operations

Finance

Risk and Compliance

Business Development

Sales

Administration

Executive Leadership

Relevant Roles

Legal Counsel

Contract Manager

Business Development Manager

Commercial Manager

Operations Manager

Procurement Manager

Chief Executive Officer

Chief Operating Officer

Chief Financial Officer

Risk Manager

Compliance Officer

Project Manager

Account Manager

Sales Manager

General Manager

Business Owner

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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