This Trading Agreement template is designed for use in establishing formal trading relationships between commercial entities operating under Indonesian jurisdiction. It is particularly relevant when parties need to establish long-term trading arrangements that comply with Indonesian trade laws and regulations, including Law No. 7 of 2014 on Trade and related commercial regulations. The document is structured to accommodate both domestic and international trading scenarios, incorporating necessary provisions for currency handling, quality standards, and dispute resolution under Indonesian law. The Trading Agreement template includes comprehensive coverage of essential trading terms while maintaining flexibility to adapt to specific business needs and regulatory requirements.
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1. Parties: Identification and details of the trading parties, including registration numbers and addresses
2. Background: Context of the trading relationship and purpose of the agreement
3. Definitions and Interpretation: Key terms used in the agreement and rules for interpretation
4. Scope of Trading Relationship: Nature and extent of trading activities covered by the agreement
5. Orders and Acceptance: Process for placing and accepting orders, including timeframes and formalities
6. Delivery Terms: Conditions for delivery, including timing, method, and transfer of risk
7. Price and Payment: Pricing structure, payment terms, and currency considerations
8. Quality and Compliance: Product quality standards and compliance with Indonesian regulations
9. Representations and Warranties: Statements and guarantees made by each party
10. Term and Termination: Duration of agreement and circumstances for termination
11. Confidentiality: Protection of confidential information exchanged during trading
12. Force Majeure: Provisions for unforeseen circumstances affecting performance
13. Governing Law and Dispute Resolution: Application of Indonesian law and dispute resolution mechanisms
14. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Intellectual Property Rights: Required when trading involves branded products or licensed materials
2. Export/Import Requirements: Necessary for international trading relationships
3. Electronic Trading Provisions: Include when parties conduct trading through electronic platforms
4. Exclusive Trading Rights: Used when granting exclusive rights in specific territories or for specific products
5. Credit Terms: Include when offering credit facilities or delayed payment terms
6. Insurance Requirements: Necessary for high-value trades or specific risk scenarios
7. Compliance with Anti-Corruption Laws: Important for international trade or government-related trading
8. Environmental Compliance: Required when trading environmentally sensitive products
1. Schedule 1 - Product Specifications: Detailed specifications of products being traded
2. Schedule 2 - Pricing Structure: Detailed pricing information, including any volume discounts or special rates
3. Schedule 3 - Delivery Locations: List of approved delivery points and associated requirements
4. Schedule 4 - Quality Standards: Detailed quality requirements and testing procedures
5. Schedule 5 - Service Levels: Performance metrics and service level requirements
6. Appendix A - Order Form Template: Standard form for placing orders
7. Appendix B - Compliance Certificates: Required regulatory and quality compliance certificates
8. Appendix C - Insurance Requirements: Detailed insurance coverage requirements and certificates
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