The Master Pricing Agreement is designed for businesses operating in Singapore seeking to establish long-term commercial relationships with standardized pricing terms. This document is particularly valuable when parties anticipate multiple transactions over time and need a consistent pricing framework. It incorporates Singapore's commercial law requirements while providing flexibility for volume-based pricing, currency adjustments, and market changes. The agreement typically serves as the primary reference point for all pricing-related matters between the parties, supporting both domestic and international trade relationships.
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1. Parties: Identifies and defines the contracting parties
2. Background: Sets out the context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Pricing Structure: Details the pricing methodology, rates, and calculations
5. Payment Terms: Specifies payment timing, method, and currency
6. Term and Termination: Duration of agreement and termination provisions
7. Confidentiality: Protections for confidential information
8. Governing Law: Specifies Singapore law as governing law
1. Volume Commitments: Minimum purchase obligations - include when there are specific volume requirements
2. Currency Adjustments: Exchange rate provisions - include for international transactions
3. Service Levels: Performance metrics and standards - include when services are included
4. Data Protection: PDPA compliance provisions - include when personal data is processed
1. Schedule 1 - Price List: Detailed breakdown of prices for products/services
2. Schedule 2 - Product Specifications: Technical details of products covered
3. Schedule 3 - Service Level Agreement: Detailed service performance metrics
4. Schedule 4 - Payment Calculation Examples: Examples showing price calculations
5. Schedule 5 - Volume Discount Structure: Tiered pricing based on volume
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