Master Client Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Master Client Agreement

"I need a Master Client Agreement for my Hong Kong-based technology company providing cloud storage services to financial institutions, with strong emphasis on data protection, cybersecurity requirements, and compliance with HKMA regulations."

Document background
The Master Client Agreement serves as the primary contractual framework for establishing and governing long-term business relationships between service providers and their clients in Hong Kong. This document is typically used when parties anticipate multiple service engagements over time and need a standardized set of terms that will apply consistently across all transactions. It incorporates Hong Kong's legal requirements and business practices, including compliance with local ordinances such as the Personal Data (Privacy) Ordinance and the Securities and Futures Ordinance where applicable. The agreement is designed to be sufficiently flexible to accommodate various types of services while providing robust protection for both parties' interests under Hong Kong law.
Suggested Sections

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

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

3. Definitions and Interpretation: Defines key terms and establishes interpretation rules for the agreement

4. Scope of Services: Outlines the general nature of services to be provided under the agreement

5. Term and Termination: Specifies duration, renewal provisions, and termination circumstances

6. Fees and Payment: Establishes fee structure, payment terms, and billing procedures

7. Service Standards: Sets out the expected quality and standards of service delivery

8. Obligations of the Service Provider: Details the provider's commitments and responsibilities

9. Client Obligations: Specifies the client's responsibilities and commitments

10. Confidentiality: Governs the handling and protection of confidential information

11. Data Protection: Addresses personal data handling and compliance with privacy laws

12. Intellectual Property: Establishes ownership and usage rights of intellectual property

13. Liability and Indemnification: Sets out liability limitations and indemnification obligations

14. Force Majeure: Addresses circumstances beyond parties' reasonable control

15. Governing Law and Jurisdiction: Specifies applicable law and dispute resolution mechanisms

16. General Provisions: Contains standard boilerplate clauses including notices, assignment, and amendments

Optional Sections

1. Regulatory Compliance: Include when services involve regulated activities under Hong Kong law

2. Information Security: Add when services involve handling sensitive electronic data or systems

3. Business Continuity: Include when service continuity is critical to client operations

4. Anti-Bribery and Corruption: Add for international clients or when required by client policy

5. Environmental and Social Responsibility: Include when relevant to client's corporate policies

6. Insurance: Add when specific insurance coverage requirements exist

7. Subcontracting: Include when service provider may need to subcontract services

8. Change Control: Add when services may require frequent modifications

9. Service Credits: Include when specific service levels with penalties are required

10. Exit Management: Add when complex transition arrangements may be needed upon termination

Suggested Schedules

1. Schedule 1 - Services Description: Detailed description of specific services to be provided

2. Schedule 2 - Fee Schedule: Detailed fee structures, rates, and payment terms

3. Schedule 3 - Service Levels: Specific performance metrics and service level requirements

4. Schedule 4 - Key Personnel: Lists key staff members and their roles

5. Schedule 5 - Data Processing Requirements: Specific terms for handling personal data

6. Schedule 6 - Technical Requirements: Technical specifications and requirements

7. Schedule 7 - Contact Details: Contact information for key personnel and notices

8. Appendix A - Form of Work Order: Template for individual work orders under the master agreement

9. Appendix B - Change Request Form: Standard form for requesting changes to services

10. Appendix C - Security Policies: Detailed security requirements and procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Financial Services

Professional Services

Information Technology

Consulting

Banking

Insurance

Asset Management

Legal Services

Business Process Outsourcing

Technology Solutions

Healthcare Services

Telecommunications

Real Estate Services

Corporate Services

Relevant Teams

Legal

Compliance

Commercial

Operations

Business Development

Account Management

Procurement

Risk Management

Finance

Client Services

Relevant Roles

General Counsel

Legal Director

Commercial Director

Chief Operating Officer

Head of Legal

Contract Manager

Legal Counsel

Compliance Officer

Risk Manager

Business Development Manager

Account Director

Operations Manager

Procurement Manager

Client Services Director

Chief Financial Officer

Company Secretary

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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