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Limited Service Agreement
"I need a Limited Service Agreement for my IT consulting company based in Karachi to provide cybersecurity assessment services to a multinational bank, with the agreement starting from March 1, 2025, and including strict confidentiality and data protection provisions."
1. Parties: Identifies and provides full details of the contracting parties including registration numbers, addresses, and authorized representatives
2. Background: Sets out the context and purpose of the agreement, including brief description of the parties' business and their intentions
3. Definitions: Defines key terms used throughout the agreement to ensure clarity and prevent misinterpretation
4. Scope of Services: Clearly defines the specific services to be provided, including any limitations or exclusions
5. Term and Termination: Specifies the duration of the agreement and circumstances under which it can be terminated
6. Payment Terms: Details the fees, payment schedule, invoicing process, and any applicable taxes
7. Service Provider's Obligations: Lists the specific duties, responsibilities, and standards of service expected from the service provider
8. Client's Obligations: Outlines the responsibilities and obligations of the client, including provision of necessary information and access
9. Confidentiality: Establishes obligations regarding the protection and non-disclosure of confidential information
10. Intellectual Property: Addresses ownership and usage rights of any intellectual property involved in or created during the service provision
11. Limitation of Liability: Sets out the extent and limitations of each party's liability under the agreement
12. Force Majeure: Addresses circumstances beyond parties' control that may affect performance of obligations
13. Governing Law and Jurisdiction: Specifies that Pakistani law governs the agreement and establishes jurisdiction for dispute resolution
14. General Provisions: Includes standard boilerplate clauses such as notices, assignment, and entire agreement provisions
1. Performance Metrics: Include when specific service levels or performance standards need to be measured and monitored
2. Insurance: Add when specific insurance requirements are necessary for the services being provided
3. Data Protection: Include when personal data or sensitive information will be processed as part of the services
4. Compliance with Laws: Add when services are in regulated industries or require specific regulatory compliance
5. Anti-Corruption: Include for high-value contracts or when dealing with government entities
6. Change Control: Add when the scope of services may need to be modified during the term
7. Subcontracting: Include when the service provider may need to engage subcontractors
8. Training and Support: Add when the services include training or ongoing support components
9. Exit Management: Include for complex services requiring specific transition arrangements at termination
1. Schedule 1 - Service Specifications: Detailed technical specifications and requirements for the services
2. Schedule 2 - Pricing and Payment Schedule: Detailed breakdown of fees, rates, and payment milestones
3. Schedule 3 - Service Levels: Specific performance metrics, measurement criteria, and related penalties/rewards
4. Schedule 4 - Key Personnel: Details of key team members and their roles in service delivery
5. Schedule 5 - Implementation Timeline: Project plan or timeline for service implementation if applicable
6. Appendix A - Required Forms and Templates: Standard forms for service requests, reports, or other documentation
7. Appendix B - Contact Details: List of key contacts and escalation matrix for both parties
Authors
Applicable Laws
Business Day
Charges
Client
Client Materials
Commencement Date
Confidential Information
Deliverables
Effective Date
Force Majeure Event
Good Industry Practice
Intellectual Property Rights
Key Personnel
Materials
Payment Terms
Performance Standards
Project
Project Manager
Representatives
Schedule
Services
Service Hours
Service Location
Service Provider
Service Provider Materials
Service Standards
Specifications
Term
Termination Date
Working Hours
Appointment
Service Scope
Term and Duration
Service Provider Obligations
Client Obligations
Fees and Payment
Service Standards
Performance Monitoring
Personnel
Confidentiality
Data Protection
Intellectual Property
Warranties and Representations
Limitation of Liability
Indemnification
Force Majeure
Termination
Consequences of Termination
Assignment and Subcontracting
Non-Solicitation
Insurance
Notices
Dispute Resolution
Governing Law
Anti-Corruption
Entire Agreement
Severability
Amendment
Waiver
Third Party Rights
Information Technology
Professional Services
Construction
Healthcare
Education
Manufacturing
Consulting
Financial Services
Telecommunications
Real Estate
Engineering
Marketing and Advertising
Transportation and Logistics
Research and Development
Legal
Procurement
Operations
Finance
Commercial
Risk Management
Compliance
Business Development
Project Management
Service Delivery
Account Management
Executive Leadership
Legal Counsel
Contract Manager
Procurement Manager
Project Manager
Business Development Manager
Operations Director
Chief Financial Officer
Commercial Director
Risk Manager
Compliance Officer
Service Delivery Manager
Account Manager
General Manager
Chief Executive Officer
Department Head
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