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Intercompany Employee Transfer Agreement
"I need an Intercompany Employee Transfer Agreement for transferring a senior software engineer from our KL headquarters to our subsidiary in Penang for a renewable 12-month period starting March 2025, with specific provisions for intellectual property protection and remote work arrangements."
1. Parties: Identifies the home company, host company, and the transferring employee
2. Background: Explains the context of the transfer and relationship between the companies
3. Definitions: Defines key terms used throughout the agreement
4. Term and Duration: Specifies the duration of the transfer and any extension provisions
5. Employment Status: Clarifies the employee's relationship with both companies during the transfer
6. Duties and Responsibilities: Outlines the employee's role and responsibilities in the host company
7. Compensation and Benefits: Details salary, benefits, and which company is responsible for each component
8. Immigration and Work Permits: Addresses visa requirements and responsibilities for obtaining necessary permits
9. Tax and Social Security: Specifies tax obligations and social security arrangements
10. Confidentiality: Protects confidential information of both companies
11. Data Protection: Ensures compliance with data protection laws for employee information
12. Termination: Sets out circumstances and procedures for early termination
13. Governing Law: Specifies Malaysian law as governing law and jurisdiction
14. General Provisions: Standard boilerplate clauses including notices, amendments, and entire agreement
1. Intellectual Property: Required when the employee will be creating IP or handling sensitive technical information
2. Non-Competition: Include when there are specific competitive concerns or industry-sensitive information
3. Training and Development: Required when specific training or development programs are part of the transfer
4. Performance Management: Include when specific performance metrics or review processes need to be established
5. Repatriation: Required for international transfers or when specific return conditions need to be outlined
6. Force Majeure: Include when specific events might affect the transfer arrangement
7. Cost Allocation: Required when there's complex cost sharing between companies
1. Schedule 1 - Position Description: Detailed description of the employee's role and responsibilities
2. Schedule 2 - Compensation and Benefits Package: Comprehensive breakdown of all compensation elements and benefits
3. Schedule 3 - Transfer Timeline: Detailed timeline for the transfer process and key milestones
4. Schedule 4 - Company Policies: List of applicable policies from both companies
5. Appendix A - Required Documentation: List of necessary documents for immigration and employment purposes
6. Appendix B - Contact Details: Key contact persons in both companies for various aspects of the transfer
Authors
Home Company
Host Company
Employee
Transfer Period
Commencement Date
Completion Date
Base Salary
Benefits Package
Confidential Information
Employment Contract
Home Country
Host Country
Identity Card
Intellectual Property
Notice Period
Position
Reporting Manager
Transfer Location
Work Permit
Company Policies
Employment Pass
Transfer Guidelines
Personal Data
Repatriation Date
Secondment
Social Security Contributions
Tax Year
Transfer Benefits
Working Hours
Duration
Employment Status
Duties and Responsibilities
Compensation
Benefits
Working Hours
Leave Entitlements
Immigration Compliance
Work Permits
Tax Obligations
Social Security
Reporting Structure
Performance Management
Confidentiality
Data Protection
Intellectual Property
Non-Competition
Non-Solicitation
Expenses
Travel Arrangements
Housing
Medical Coverage
Insurance
Training
Company Policies
Termination
Repatriation
Dispute Resolution
Governing Law
Force Majeure
Assignment
Severability
Entire Agreement
Notices
Amendments
Manufacturing
Technology
Financial Services
Professional Services
Oil and Gas
Healthcare
Telecommunications
Construction
Education
Retail and Consumer Goods
Logistics and Transportation
Banking
Human Resources
Legal
Compliance
Global Mobility
Tax
Finance
Operations
Talent Management
HR Director
Legal Counsel
HR Manager
Compliance Officer
Global Mobility Manager
Tax Manager
Immigration Specialist
Employment Law Specialist
Compensation and Benefits Manager
Talent Management Director
Project Manager
Department Head
Operations Director
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