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1. Parties: Identifies all parties to the agreement including their legal names, addresses, and ACN/ABN
2. Background: Sets out the context and purpose of the cost sharing arrangement
3. Definitions and Interpretation: Defines key terms and establishes interpretation principles for the agreement
4. Scope of Cost Sharing: Defines what costs are to be shared under the agreement
5. Cost Allocation Method: Details the methodology for calculating each party's share of costs
6. Payment Terms: Specifies payment procedures, timing, and methods
7. Budgeting and Forecasting: Outlines processes for cost planning and budget approval
8. Record Keeping and Audit Rights: Establishes requirements for maintaining records and rights to audit
9. GST and Tax: Addresses tax treatment of shared costs and GST obligations
10. Confidentiality: Protects confidential information shared during cost sharing activities
11. Term and Termination: Specifies agreement duration and termination provisions
12. Dispute Resolution: Sets out procedures for resolving disagreements
13. General Provisions: Includes standard boilerplate clauses such as notices, amendment procedures, and governing law
1. Intellectual Property: Required when cost sharing involves development or use of intellectual property
2. Insurance Requirements: Needed when shared activities require specific insurance coverage
3. Personnel and Resources: Include when sharing staff or physical resources
4. Change Management: Required for complex arrangements where cost bases may change significantly
5. Compliance and Regulatory: Include for regulated industries or activities
6. Force Majeure: Add when external events could significantly impact cost sharing arrangements
7. Step-In Rights: Include when one party may need to take over another's responsibilities
8. Third Party Rights: Required when arrangements affect or involve third parties
1. Schedule 1 - Cost Categories: Detailed list of costs covered by the agreement and any exclusions
2. Schedule 2 - Allocation Methodology: Detailed calculations and examples of cost allocation methods
3. Schedule 3 - Budget Template: Standard format for budget preparation and reporting
4. Schedule 4 - Service Levels: Performance standards related to cost sharing activities
5. Schedule 5 - Governance Framework: Details of management committee structure and decision-making processes
6. Schedule 6 - Contact Details: Key contacts and authorized representatives for each party
7. Appendix A - Initial Cost Estimates: Starting cost projections and baselines
8. Appendix B - Report Templates: Standard formats for regular financial and operational reporting
Allocation Methodology
Annual Budget
Applicable Costs
Approved Budget
Business Day
Commencement Date
Confidential Information
Cost Pool
Cost Sharing Committee
Direct Costs
Effective Date
Excluded Costs
Financial Year
Force Majeure Event
Governance Framework
Indirect Costs
Initial Term
Intellectual Property Rights
Key Personnel
Management Committee
Operating Costs
Participating Party
Payment Date
Project
Quarterly Report
Related Entity
Shared Assets
Shared Facilities
Shared Resources
Shared Services
Term
Third Party Costs
Working Capital
Definitions
Cost Allocation
Payment Terms
Budget Approval
Financial Reporting
Audit Rights
Record Keeping
GST and Taxation
Confidentiality
Intellectual Property
Governance
Decision Making
Performance Standards
Dispute Resolution
Force Majeure
Term and Termination
Liability and Indemnity
Insurance
Assignment
Notices
Variation
Severability
Entire Agreement
Governing Law
Counterparts
Relationship of Parties
Compliance with Laws
Change Control
Cost Review
Mining and Resources
Professional Services
Technology and Software
Healthcare
Research and Development
Manufacturing
Real Estate and Property
Infrastructure
Financial Services
Education
Telecommunications
Shared Services
Finance
Legal
Operations
Commercial
Procurement
Risk and Compliance
Treasury
Accounting
Project Management
Business Analysis
Shared Services
Contract Administration
Chief Financial Officer
Finance Director
Legal Counsel
Commercial Manager
Operations Director
Project Manager
Financial Controller
Shared Services Manager
Cost Accountant
Procurement Manager
Business Analyst
Contract Administrator
Treasury Manager
Risk Manager
Compliance Officer
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