Contingency Agreement Template for Malaysia

1. Success Criteria: Detailed metrics or benchmarks for measuring success, used when the contingent event needs specific measurement criteria

2. Dispute Resolution: Specific procedures for resolving disputes, including mediation or arbitration, used in high-value or complex arrangements

3. Performance Monitoring: Procedures for tracking and reporting progress, used when regular monitoring is required

4. Intellectual Property: Protection and ownership of IP rights, used when services involve creation of intellectual property

5. Force Majeure: Provisions for unforeseen circumstances, used when external factors could significantly impact performance

6. Non-Competition: Restrictions on competitive activities, used when protecting business interests is crucial

7. Insurance: Insurance requirements and obligations, used in high-risk or regulated services

8. Assignment: Rights and restrictions regarding transfer of rights, used when assignment possibilities need to be controlled

1. Schedule 1 - Payment Calculation: Detailed formula and examples for calculating contingent payments

2. Schedule 2 - Service Specifications: Detailed description of services, deliverables, and standards

3. Schedule 3 - Key Performance Indicators: Metrics and measurements for evaluating service performance

4. Schedule 4 - Reporting Requirements: Templates and procedures for progress reporting

5. Schedule 5 - Contact Details: Key contact persons and communication protocols

6. Appendix A - Required Forms: Standard forms and documents required for service delivery

7. Appendix B - Compliance Requirements: Specific regulatory or industry compliance requirements