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Sharing Agreement
"I need a Sharing Agreement under Malaysian law for two technology companies to jointly use a data center facility starting March 1, 2025, with specific provisions for 24/7 access, cost sharing based on usage, and detailed security protocols."
1. Parties: Identification of all parties entering into the agreement, including their full legal names, registration numbers, and registered addresses
2. Background: Context of the agreement, relationship between parties, and purpose of the sharing arrangement
3. Definitions: Definitions of key terms used throughout the agreement, including 'Shared Resources', 'Sharing Period', and other relevant terms
4. Scope of Sharing: Detailed description of what is being shared, including specific resources, assets, or information covered by the agreement
5. Terms of Sharing: The basic rules and conditions under which sharing will occur, including allocation of time, space, or resources
6. Rights and Obligations: Specific responsibilities of each party in relation to the shared resources, including maintenance, access, and usage rights
7. Cost Sharing: Allocation of costs, expenses, and any financial obligations related to the shared resources
8. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
9. Confidentiality: Obligations regarding confidential information exchanged during the sharing arrangement
10. Dispute Resolution: Process for resolving any disputes that arise between the parties
11. Governing Law: Specification that Malaysian law governs the agreement and jurisdiction for legal proceedings
1. Insurance: Required when sharing involves physical assets that need to be insured
2. Data Protection: Necessary when personal data or sensitive information is being shared
3. Intellectual Property Rights: Required when sharing involves copyrighted materials, patents, or other IP
4. Security Requirements: Important when sharing involves sensitive resources or facilities requiring specific security measures
5. Quality Standards: Needed when shared resources must meet specific quality or performance standards
6. Force Majeure: Optional clause for circumstances beyond parties' control affecting the sharing arrangement
7. Assignment and Subletting: Required when parties need flexibility to transfer rights or allow third-party usage
8. Environmental Compliance: Necessary when sharing involves activities with environmental impact
9. Reporting Requirements: Optional section for arrangements requiring regular reporting or monitoring
1. Schedule 1 - Description of Shared Resources: Detailed inventory and description of all resources covered by the sharing arrangement
2. Schedule 2 - Sharing Schedule: Specific times, dates, or rotation schedule for shared access or usage
3. Schedule 3 - Cost Allocation: Detailed breakdown of how costs are calculated and allocated between parties
4. Schedule 4 - Operating Procedures: Specific procedures for day-to-day operation and management of shared resources
5. Schedule 5 - Contact Details: List of key contacts and responsible persons for each party
6. Appendix A - Maintenance Schedule: Details of maintenance responsibilities and schedules for shared resources
7. Appendix B - Compliance Requirements: Specific regulatory or compliance requirements applicable to the sharing arrangement
Authors
Shared Resources
Sharing Period
Commencement Date
Termination Date
Sharing Schedule
Authorized Users
Access Rights
Operating Hours
Maintenance Period
Sharing Fee
Common Areas
Confidential Information
Force Majeure Event
Governing Law
Identity Card
Intellectual Property Rights
Maintenance Costs
Operating Costs
Permitted Use
Resource Manager
Security Requirements
Service Level Standards
Shared Facilities
Usage Guidelines
Working Day
Authorized Representatives
Sharing Territory
Emergency Procedures
Quality Standards
Scope of Sharing
Term and Duration
Access Rights
Usage Restrictions
Cost Allocation
Payment Terms
Maintenance Obligations
Operating Procedures
Resource Management
Insurance Requirements
Liability
Indemnification
Confidentiality
Data Protection
Intellectual Property
Security Measures
Performance Standards
Record Keeping
Reporting Requirements
Force Majeure
Termination Rights
Assignment
Dispute Resolution
Governing Law
Notices
Amendment Procedures
Entire Agreement
Severability
Third Party Rights
Technology
Manufacturing
Education
Healthcare
Research and Development
Real Estate
Transportation
Energy
Agriculture
Financial Services
Telecommunications
Professional Services
Logistics
Retail
Legal
Operations
Finance
Compliance
Risk Management
Facilities Management
Business Development
Procurement
Asset Management
Corporate Affairs
Strategic Planning
Project Management
Administrative Services
Contract Management
Legal Counsel
Operations Manager
Facility Manager
Chief Financial Officer
Business Development Manager
Compliance Officer
Risk Manager
Project Manager
Contract Administrator
Asset Manager
Partnership Manager
Resource Coordinator
General Manager
Chief Operating Officer
Procurement Manager
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