Private Party Contract Template for India

1. Confidentiality: Required when parties need to protect sensitive information exchanged during the contract period

2. Force Majeure: Recommended when external events could impact contract performance

3. Intellectual Property Rights: Necessary when the contract involves creation, use, or transfer of IP

4. Assignment and Delegation: Important when parties need to restrict or permit transfer of rights/obligations

5. Insurance: Required when specific insurance coverage needs to be maintained

6. Indemnification: Important for high-risk contracts or when specific protections are needed

7. Non-Compete: Used when restricting competitive activities is necessary

8. Dispute Resolution: Optional detailed procedures for handling disputes, including mediation or arbitration

9. Change Control: Necessary for contracts where scope or specifications might need modification

10. Service Levels: Required for service-based contracts with specific performance metrics

1. Schedule 1 - Scope of Work: Detailed description of services/goods/deliverables covered under the contract

2. Schedule 2 - Payment Schedule: Detailed breakdown of payment terms, milestones, and amounts

3. Schedule 3 - Technical Specifications: Detailed technical requirements or specifications

4. Schedule 4 - Service Levels: Detailed service level requirements and measurement criteria

5. Schedule 5 - Key Personnel: List of key individuals involved in contract execution

6. Appendix A - Forms and Notices: Standard forms and notice templates to be used during contract period

7. Appendix B - Contact Details: Detailed contact information for key representatives of each party

8. Appendix C - Required Documentation: List of documents required for contract execution or performance