Supply Of Services Agreement Template for Malaysia

The Supply Of Services Agreement serves as a foundational document for business relationships in Malaysia where professional services are being provided on a commercial basis. This agreement is essential when one party wishes to engage another for the provision of specific services, whether they be consulting, technical, professional, or operational in nature. The document is structured to comply with Malaysian legal requirements, including the Contracts Act 1950 and relevant industry-specific regulations. It typically includes detailed provisions covering service scope, delivery standards, payment terms, intellectual property rights, and risk allocation between parties. This type of agreement is particularly important in the Malaysian business context where service relationships need to be clearly defined and documented to ensure enforceability and protect both parties' interests.

1. Parties: Identifies and provides full details of the service provider and customer, including registration numbers and registered addresses

2. Background: Sets out the context of the agreement and brief description of the parties' intentions

3. Definitions: Defines key terms used throughout the agreement for clarity and consistency

4. Scope of Services: Detailed description of the services to be provided, including any deliverables

5. Term and Duration: Specifies the commencement date and duration of the agreement, including any renewal provisions

6. Payment Terms: Details the fees, payment schedule, invoicing process, and payment methods

7. Service Provider's Obligations: Lists the key responsibilities and commitments of the service provider

8. Customer's Obligations: Outlines the customer's responsibilities and commitments

9. Confidentiality: Provisions protecting confidential information exchanged during the service relationship

10. Intellectual Property: Addresses ownership and usage rights of any IP created or used in providing the services

11. Liability and Indemnity: Sets out the liability limitations and indemnification obligations of both parties

12. Termination: Specifies circumstances and procedures for ending the agreement

13. Force Majeure: Addresses unforeseen circumstances preventing performance of obligations

14. Governing Law: Specifies Malaysian law as governing law and jurisdiction for disputes

15. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement