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Basic Contract for New Zealand

Basic Contract Template for New Zealand

A Basic Contract template designed for use in New Zealand, incorporating essential elements required under New Zealand contract law and commercial practice. This document serves as a fundamental agreement template that can be adapted for various business relationships and transactions. It includes core contractual provisions compliant with the Contract and Commercial Law Act 2017 and other relevant New Zealand legislation, while maintaining simplicity and clarity in its structure and language. The document is particularly suited for straightforward commercial arrangements where parties need a clear, legally sound agreement without excessive complexity.

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What is a Basic Contract?

This Basic Contract template is designed to meet the needs of businesses and individuals requiring a straightforward yet legally robust agreement under New Zealand law. It is particularly useful for small to medium-sized businesses, entrepreneurs, and individuals entering into standard commercial arrangements. The document incorporates essential elements required by New Zealand contract law, including the Contract and Commercial Law Act 2017, while remaining adaptable to various business contexts. This Basic Contract is ideal for situations where parties need to formalize their agreement with clear terms and conditions but don't require complex specialized provisions. It includes standard sections covering parties, obligations, payment terms, and general provisions, with the flexibility to add optional clauses as needed for specific situations.

What sections should be included in a Basic Contract?

1. Parties: Identifies and defines the contracting parties with their full legal names and addresses

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

3. Definitions: Defines key terms used throughout the agreement

4. Term: Specifies the duration of the agreement, including start date and any renewal provisions

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

6. Payment Terms: Specifies payment amounts, timing, and method of payment

7. Termination: Sets out how and when the agreement can be terminated

8. Notices: Specifies how formal communications between parties should be made

9. General Provisions: Standard boilerplate clauses including governing law, entire agreement, and amendment provisions

What sections are optional to include in a Basic Contract?

1. Intellectual Property: Include when the agreement involves creation, use, or transfer of intellectual property

2. Confidentiality: Include when parties will share sensitive or proprietary information

3. Force Majeure: Include when there's a need to address unforeseen circumstances preventing performance

4. Insurance: Include when specific insurance requirements need to be maintained

5. Dispute Resolution: Include when parties want to specify particular dispute resolution procedures

6. Assignment: Include when transfer of rights needs to be specifically addressed

7. Warranties: Include when specific promises or guarantees are being made about goods, services, or performance

What schedules should be included in a Basic Contract?

1. Schedule 1 - Services/Goods: Detailed description of services to be provided or goods to be delivered

2. Schedule 2 - Fees: Detailed breakdown of fees, rates, or prices

3. Schedule 3 - Special Conditions: Any special terms or conditions specific to this agreement

4. Schedule 4 - Key Personnel: List of key people involved in delivering the contract obligations (if applicable)

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

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions




















Clauses
























Relevant Industries

Professional Services

Retail

Construction

Information Technology

Hospitality

Manufacturing

Education

Healthcare

Real Estate

Agriculture

Small Business

Consulting

Relevant Teams

Legal

Operations

Administration

Procurement

Compliance

Business Development

Contract Management

Finance

Human Resources

Relevant Roles

Business Owner

Managing Director

Operations Manager

Contract Administrator

Legal Counsel

Business Development Manager

Project Manager

Procurement Officer

Office Manager

Small Business Manager

Compliance Officer

Administrative 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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