Document background
The Master Pricing Agreement serves as a crucial commercial document for businesses engaging in regular transactions where standardized pricing terms are essential. This agreement type is particularly valuable when parties anticipate an ongoing business relationship with multiple transactions over time, requiring consistent pricing mechanisms and terms. Under Dutch law, it provides a comprehensive framework that addresses pricing structures, adjustment mechanisms, payment terms, and related commercial conditions. The document typically includes detailed schedules for specific pricing information while maintaining flexibility for future adjustments. It's designed to comply with Dutch civil law requirements, including the Burgerlijk Wetboek provisions on commercial contracts, and incorporates necessary elements regarding VAT, competition law, and electronic commerce regulations where applicable.
