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Intercompany Shared Services Agreement
"I need an Intercompany Shared Services Agreement for our UAE-based technology group, where our Dubai holding company will provide IT infrastructure, HR, and financial services to five subsidiary companies starting March 2025, with specific emphasis on data protection and cybersecurity provisions."
1. Parties: Identification of the service provider and service recipient entities, including full legal names and registration details
2. Background: Context of the agreement, relationship between the parties, and purpose of the shared services arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Services: Detailed description of services to be provided, including service categories and delivery requirements
5. Service Standards: Quality standards, KPIs, and performance metrics for service delivery
6. Charges and Payment Terms: Service fees, calculation methodology, payment terms, and invoicing procedures
7. Duration and Termination: Term of the agreement, renewal provisions, and termination rights
8. Service Provider Obligations: Key responsibilities and commitments of the service provider
9. Service Recipient Obligations: Key responsibilities and commitments of the service recipient
10. Governance and Reporting: Management structure, reporting requirements, and review processes
11. Confidentiality: Protection of confidential information and trade secrets
12. Data Protection: Compliance with UAE data protection requirements and data handling procedures
13. Intellectual Property: Ownership and usage rights of IP created or used in service delivery
14. Liability and Indemnification: Limitation of liability and indemnification provisions
15. Force Majeure: Events excusing performance and related procedures
16. Governing Law and Dispute Resolution: UAE law as governing law and dispute resolution mechanisms
17. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Tax Compliance: Include when services have specific VAT or corporate tax implications
2. Regulatory Compliance: Include when services are subject to specific regulatory requirements
3. Staff and Personnel: Include when services involve secondment or dedicated personnel
4. Business Continuity: Include when services are critical to business operations
5. Exit Management: Include when service transition requires detailed handover procedures
6. Parent Company Guarantee: Include when additional financial security is required
7. Insurance: Include when specific insurance coverage is required for services
8. Anti-corruption and Sanctions: Include when there are international parties or cross-border elements
1. Schedule 1 - Services Description: Detailed description of each service category and specific services
2. Schedule 2 - Service Levels: Detailed SLAs, KPIs, and performance measurement criteria
3. Schedule 3 - Charges: Detailed pricing structure, cost allocation, and payment calculations
4. Schedule 4 - Governance Procedures: Detailed procedures for contract management and oversight
5. Schedule 5 - Key Personnel: List of key personnel and their roles (if applicable)
6. Schedule 6 - Technical Requirements: Technical specifications and requirements for service delivery
7. Schedule 7 - Form of Reports: Templates and formats for required reporting
8. Appendix A - Contact Details: Contact information for key representatives and escalation points
9. Appendix B - Service Locations: Locations where services will be provided and received
Authors
Agreement
Business Day
Charges
Commencement Date
Confidential Information
Control
Data Protection Laws
Deliverables
Effective Date
Force Majeure Event
Good Industry Practice
Group
Initial Term
Intellectual Property Rights
Key Performance Indicators
Material Breach
Parent Company
Performance Standards
Personnel
Quarter
Related Party
Renewal Term
Service Credits
Service Hours
Service Levels
Services
Service Provider
Service Recipient
Service Location
Shared Service Center
SLA
Subsidiary
Term
Territory
UAE
VAT
Working Hours
Year
Exit Plan
Governance Committee
Implementation Period
Key Personnel
Operating Procedures
Quality Standards
Response Time
Service Failure
Service Fees
Support Services
Termination Date
Transition Period
Services Scope
Term and Duration
Service Standards
Service Levels
Performance Monitoring
Charges
Invoicing
Payment Terms
Tax Compliance
Service Provider Obligations
Service Recipient Obligations
Personnel
Subcontracting
Governance
Audit Rights
Reporting Requirements
Intellectual Property
Confidentiality
Data Protection
Record Keeping
Force Majeure
Change Control
Liability
Indemnification
Insurance
Termination Rights
Exit Management
Business Continuity
Anti-Corruption
Regulatory Compliance
Assignment and Transfer
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Amendments
Waiver
Third Party Rights
Counterparts
Language
Parent Company Guarantee
Service Location
Quality Assurance
Technology Requirements
Staff Transfer
Non-Solicitation
Relationship of Parties
Financial Services
Technology
Manufacturing
Healthcare
Real Estate
Retail
Energy
Telecommunications
Professional Services
Construction
Hospitality
Transportation and Logistics
Legal
Finance
Operations
Compliance
Tax
Corporate Secretarial
Business Development
Service Delivery
Procurement
Contract Management
Risk Management
Internal Audit
General Counsel
Legal Director
Head of Legal
Commercial Director
Chief Financial Officer
Financial Controller
Head of Shared Services
Operations Director
Compliance Officer
Tax Manager
Corporate Secretary
Business Development Manager
Service Delivery Manager
Procurement Manager
Contract Manager
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