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Renegotiation

Reopening an existing contract to adjust price or terms in light of changed circumstances or performance.

Definizione

Renegotiation revises the terms of a live contract (typically price, scope or duration) when market conditions, volumes or performance shift materially. It may be triggered by a benchmarking or hardship clause; absent a contractual trigger, it depends on the counterparty's willingness or the duty of reasonableness.

Esempio

After volumes double, the buyer renegotiates a lower per-unit price under the contract's benchmarking clause.

Perché rappresenta un rischio aziendale

Renegotiation carries risk on both sides. The requesting party may get nothing if the counterparty refuses and no contractual trigger exists. The party receiving the request may inadvertently concede more than necessary if it has not reviewed the existing terms carefully before agreeing to reopen. Mid-term renegotiations can also disrupt operations if the process is prolonged.

Come gestirlo

  • Include benchmarking and hardship clauses at contracting time so renegotiation has a clear trigger rather than depending on goodwill.
  • Review the full existing contract before agreeing to reopen it so you know what you are protecting, not just what you want to change.
  • Prepare market data and a clear rationale before requesting a renegotiation so the other side can see the objective basis.
  • Set a clear timeline for the renegotiation process to avoid prolonged uncertainty for both parties.
  • Document every agreed change as a formal amendment so the revised terms are clear and enforceable.

Riferimenti normativi

Salvo diversa indicazione, i riferimenti riguardano il diritto olandese (Burgerlijk Wetboek, il Codice Civile olandese); gli strumenti UE come il GDPR si applicano in tutta l'UE. Si tratta di informazioni generali, non di consulenza legale. Altre giurisdizioni trattano questi concetti in modo diverso. Verifichi il testo vigente e la propria situazione con un avvocato qualificato.

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