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Master Pricing Agreement Template for Canada

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Key Requirements PROMPT example:

Master Pricing Agreement

"I need a Master Pricing Agreement for a software licensing arrangement between our Canadian tech company and multiple enterprise customers, with tiered pricing based on user numbers and quarterly volume commitments, to be effective from March 1, 2025."

Document background
The Master Pricing Agreement is designed for use in commercial relationships where parties anticipate ongoing transactions and wish to establish a comprehensive framework for pricing and related terms. This document is particularly valuable in Canadian business contexts where regular supply arrangements require a structured approach to pricing, ordering, and fulfillment. It sets out the foundational commercial terms, including price calculation methodologies, volume commitments, adjustment mechanisms, and ordering procedures, while ensuring compliance with Canadian federal and provincial regulations. The agreement is typically used in business-to-business relationships where multiple transactions are anticipated over time, and parties wish to avoid negotiating terms for each individual transaction.
Suggested Sections

1. Parties: Identifies the contracting parties and their legal details

2. Background: Sets out the context and purpose of the agreement

3. Definitions: Defines key terms used throughout the agreement

4. Scope of Agreement: Establishes the framework and general scope of the pricing arrangement

5. Pricing Structure: Outlines the basic pricing methodology and mechanisms for price adjustments

6. Order Process: Details how orders will be placed, accepted, and processed

7. Payment Terms: Specifies payment timing, methods, and late payment consequences

8. Term and Termination: Sets the duration of the agreement and termination rights

9. Confidentiality: Protects confidential information exchanged under the agreement

10. Warranties and Representations: States the parties' warranties regarding their capacity and authority

11. Liability and Indemnification: Establishes liability limits and indemnification obligations

12. Force Majeure: Addresses circumstances beyond parties' control affecting performance

13. Governing Law and Jurisdiction: Specifies applicable law and dispute resolution forum

14. General Provisions: Contains standard boilerplate clauses and miscellaneous provisions

Optional Sections

1. Volume Commitments: Include when there are minimum purchase obligations or volume-based pricing tiers

2. Quality Standards: Include when specific quality requirements or standards must be maintained

3. Service Levels: Include when the agreement involves services with specific performance metrics

4. Environmental Compliance: Include when environmental standards or sustainability requirements are relevant

5. Data Protection: Include when personal data processing is involved in the relationship

6. Intellectual Property: Include when IP rights need to be addressed, such as licensing or ownership

7. Insurance Requirements: Include when specific insurance coverage needs to be maintained

8. Security Requirements: Include when specific security protocols or standards must be followed

9. Export Control: Include when international trade or export restrictions apply

10. Disaster Recovery: Include when business continuity requirements are critical

Suggested Schedules

1. Schedule A - Price List: Detailed pricing for all products or services covered by the agreement

2. Schedule B - Service Specifications: Detailed specifications of products or services covered

3. Schedule C - Order Form Template: Standard form for placing orders under the agreement

4. Schedule D - Service Level Requirements: Detailed service level commitments and measurements

5. Schedule E - Approved Locations: List of approved delivery or service locations

6. Schedule F - Key Personnel: List of key contacts and responsible personnel from each party

7. Schedule G - Price Adjustment Mechanism: Detailed methodology for price adjustments and reviews

8. Schedule H - Reporting Requirements: Templates and requirements for regular reporting

9. Appendix 1 - Technical Requirements: Detailed technical specifications or requirements

10. Appendix 2 - Compliance Requirements: Specific regulatory or compliance requirements

Authors

Alex Denne

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

Relevant legal definitions









































Clauses









































Relevant Industries

Manufacturing

Retail

Technology

Healthcare

Professional Services

Construction

Energy

Telecommunications

Automotive

Consumer Goods

Industrial Equipment

Food and Beverage

Pharmaceuticals

Logistics and Supply Chain

Software and IT Services

Relevant Teams

Legal

Procurement

Finance

Sales

Commercial Operations

Supply Chain

Business Development

Contract Administration

Vendor Management

Strategic Sourcing

Pricing

Risk Management

Compliance

Relevant Roles

Chief Procurement Officer

Procurement Manager

Commercial Director

Sales Director

Contract Manager

Legal Counsel

Chief Financial Officer

Finance Manager

Supply Chain Manager

Business Development Manager

Account Executive

Pricing Analyst

Commercial Operations Manager

Vendor Management Specialist

Strategic Sourcing Manager

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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