Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Discount Agreement
1. Parties: Identification of the contracting parties, including full legal names, registration numbers, and addresses
2. Background: Context of the business relationship and purpose of the discount agreement
3. Definitions: Key terms used throughout the agreement, including specific discount-related terminology
4. Discount Structure: Core section detailing the types of discounts offered, calculation methods, and qualifying criteria
5. Implementation: Practical aspects of how discounts will be applied, including timing and method of discount application
6. Reporting and Verification: Requirements for reporting sales/purchase volumes and verification of discount eligibility
7. Payment Terms: How and when discounts will be credited or paid, including any specific payment mechanisms
8. Duration and Termination: Term of the agreement and conditions for termination
9. Confidentiality: Provisions regarding the confidential treatment of discount terms and related business information
10. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes
1. Exclusivity Provisions: Optional section for cases where discounts are tied to exclusive purchasing commitments
2. Marketing Cooperation: Optional terms for joint marketing activities or use of trademarks in promotion of discounted products
3. Product Returns: Optional section addressing how discounts are handled in case of product returns or credits
4. Force Majeure: Optional clause for circumstances preventing discount program implementation
5. Audit Rights: Optional detailed audit provisions for complex discount structures requiring verification
6. Anti-Corruption: Optional section for international business relationships requiring specific compliance provisions
7. Change Control: Optional section for agreements requiring formal processes for changing discount terms
1. Schedule 1 - Discount Rates: Detailed tables or matrices showing discount percentages and corresponding volume thresholds
2. Schedule 2 - Product List: List of products or services covered by the discount agreement
3. Schedule 3 - Calculation Examples: Examples illustrating how different discounts are calculated in various scenarios
4. Schedule 4 - Reporting Template: Standard format for reporting sales/purchase volumes for discount calculation
5. Schedule 5 - Implementation Timeline: Timeline for implementing the discount program, including key milestones and responsibilities
6. Appendix A - Technical Requirements: Any technical specifications required for discount program implementation (e.g., EDI requirements)
Authors
Base Price
Business Day
Confidential Information
Discount Period
Discount Rate
Discount Threshold
Early Payment Discount
Effective Date
Eligible Products
Force Majeure Event
Group Company
Invoice
List Price
Minimum Purchase Commitment
Net Price
Order
Payment Terms
Performance Period
Products
Purchase Volume
Qualifying Purchase
Quarter
Rebate
Reference Period
Reporting Period
Sales Report
Special Discount
Term
Territory
Volume Discount
Working Day
Recitals
Definitions
Scope
Term and Duration
Discount Structure
Volume Commitments
Calculation Method
Payment Terms
Reporting Requirements
Audit Rights
Verification Rights
Implementation
Confidentiality
Data Protection
Force Majeure
Competition Law Compliance
Anti-Corruption
Assignment
Termination
Consequences of Termination
Notices
Entire Agreement
Amendments
Severability
Waiver
Third Party Rights
Counterparts
Governing Law
Jurisdiction
Find the exact document you need
Download our whitepaper on the future of AI in Legal
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.