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Intercompany Agreement For Services
"I need an Intercompany Agreement for Services under UAE law to formalize IT support services between our Dubai-based parent company and its Abu Dhabi subsidiary, with the agreement to commence from March 1, 2025 and include comprehensive data protection provisions."
1. Parties: Identification of the service provider and service recipient companies, including full legal names, registration details, and addresses
2. Background: Context of the agreement, relationship between the parties, and purpose of the service arrangement
3. Definitions: Defined terms used throughout the agreement, including Services, Service Levels, Charges, etc.
4. Scope of Services: Detailed description of services to be provided, including service standards and delivery requirements
5. Duration and Termination: Term of the agreement, renewal provisions, and circumstances for termination
6. Service Provider Obligations: Key responsibilities and commitments of the service provider
7. Service Recipient Obligations: Key responsibilities and commitments of the service recipient
8. Charges and Payment Terms: Fee structure, payment schedule, invoicing requirements, and payment methods
9. Service Levels: Performance standards, KPIs, and measurement criteria
10. Intellectual Property Rights: Ownership and usage rights of IP created or used in service delivery
11. Confidentiality: Protection and handling of confidential information exchanged between parties
12. Liability and Indemnification: Allocation of risks, limitation of liability, and indemnification obligations
13. Force Majeure: Provisions for unforeseen circumstances preventing performance
14. Governing Law and Dispute Resolution: Choice of UAE law and dispute resolution mechanisms
15. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Data Protection: Required when services involve processing of personal data or sensitive information
2. Compliance with Laws: Detailed section needed when services are in regulated industries or involve specific regulatory requirements
3. Staff and Personnel: Required when services involve deployment or secondment of personnel
4. Insurance: Needed when services involve significant operational risks or physical presence
5. Business Continuity: Important for critical services or when required by group policies
6. Audit Rights: Required for regulated services or when significant compliance obligations exist
7. Change Control: Needed for complex services or long-term agreements where scope may evolve
8. Exit Management: Important for complex services or when transition periods may be needed
1. Schedule 1 - Service Description: Detailed specification of services, including scope, deliverables, and exclusions
2. Schedule 2 - Service Levels: Detailed service level requirements, measurement criteria, and reporting requirements
3. Schedule 3 - Charges: Detailed fee structure, calculation methodology, and cost allocation principles
4. Schedule 4 - Key Personnel: List of key personnel from both parties responsible for service delivery and management
5. Schedule 5 - Governance: Service management structure, meeting schedules, escalation procedures
6. Appendix A - Form of Reports: Templates for required service reports and performance metrics
7. Appendix B - Contact Details: Contact information for key personnel and authorized representatives
8. Appendix C - Service Request Procedure: Process for requesting additional or modified services
Authors
Affiliate
Applicable Law
Business Day
Charges
Commencement Date
Confidential Information
Contract Year
Control
Deliverables
Dispute
Effective Date
Force Majeure Event
Good Industry Practice
Group
Initial Term
Intellectual Property Rights
Key Performance Indicators
Material Breach
Parent Company
Personnel
Quarter
Related Party
Renewal Term
Service Credits
Service Levels
Services
Service Provider
Service Recipient
Service Request
Subsidiary
Term
Territory
UAE
Working Hours
Change Request
Emergency
Fees
Group Policy
Performance Standards
Quality Standards
Regular Reports
Representative
Service Commencement Date
Service Manager
Termination Date
VAT
Appointment
Duration
Services
Service Levels
Service Provider Obligations
Service Recipient Obligations
Charges
Invoicing and Payment
Performance Monitoring
Quality Assurance
Personnel
Subcontracting
Intellectual Property
Confidentiality
Data Protection
Record Keeping
Audit Rights
Warranties
Indemnification
Limitation of Liability
Insurance
Force Majeure
Termination
Exit Management
Change Control
Notices
Assignment and Novation
Amendments
Entire Agreement
Severability
Waiver
Third Party Rights
Relationship of Parties
Compliance with Laws
Anti-Corruption
Governing Law
Dispute Resolution
Language
Counterparts
Financial Services
Technology
Manufacturing
Energy
Healthcare
Real Estate
Retail
Professional Services
Telecommunications
Logistics
Construction
Hospitality
Legal
Finance
Tax
Compliance
Operations
Commercial
Corporate Governance
Shared Services
Company Secretarial
Risk Management
Internal Audit
Chief Legal Officer
Head of Legal
Legal Counsel
Chief Financial Officer
Finance Director
Tax Director
Commercial Director
Operations Director
Compliance Officer
Contract Manager
Company Secretary
Head of Shared Services
Group Services Manager
Transfer Pricing Manager
Corporate Governance Manager
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