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Intercompany Administrative Services Agreement
Need an Intercompany Administrative Services Agreement for our Danish parent company to provide HR, IT and accounting services to three subsidiary companies in Denmark, with service commencement planned for March 2025 and specific emphasis on GDPR compliance and transfer pricing documentation.
1. Parties: Identification of the group companies entering into the agreement - service provider and service recipient
2. Background: Context of the agreement within the group structure and purpose of the service arrangement
3. Definitions: Key terms used throughout the agreement, including Services, Service Levels, Group Company, etc.
4. Scope of Services: Detailed description of administrative services to be provided
5. Service Provider's Obligations: Key responsibilities and commitments of the service provider
6. Service Recipient's Obligations: Responsibilities of the service recipient, including cooperation and information provision
7. Service Levels: Performance standards and quality metrics for service delivery
8. Fees and Payment Terms: Pricing structure, payment terms, and transfer pricing compliance
9. Intellectual Property Rights: Ownership and usage rights of IP created or used in service provision
10. Confidentiality: Protection of confidential information exchanged between parties
11. Data Protection: GDPR compliance and data processing requirements
12. Term and Termination: Duration of agreement and termination provisions
13. Liability and Indemnification: Allocation of risks and liability limitations between group companies
14. General Provisions: Standard boilerplate clauses including notices, amendments, governing law
1. Personnel: Specific provisions regarding staff providing services - include when services involve dedicated or shared staff
2. Audit Rights: Rights to audit service provision - include when required by regulatory requirements or group policy
3. Business Continuity: Disaster recovery and business continuity provisions - include for critical services
4. Tax Matters: Specific tax-related provisions - include when services have special tax implications
5. Insurance: Insurance requirements - include when required by group policy or risk management
6. Anti-Corruption: Compliance with anti-corruption laws - include for international service provision
7. Force Majeure: Provisions for unforeseen circumstances - include based on service criticality
1. Schedule 1 - Services Description: Detailed description of each service category and specific services
2. Schedule 2 - Service Levels: Detailed service level agreements, KPIs, and measurement methods
3. Schedule 3 - Fees and Charging Method: Detailed fee structure, calculation methods, and transfer pricing documentation
4. Schedule 4 - Key Personnel: List of key personnel involved in service provision and their roles
5. Schedule 5 - Data Processing Agreement: GDPR-compliant data processing terms and details
6. Schedule 6 - Contact Details: Key contacts for operational, financial, and escalation matters
7. Appendix A - Service Request Form: Template for requesting additional or modified services
8. Appendix B - Performance Report Template: Template for regular service performance reporting
Authors
Agreement
Applicable Law
Business Day
Charges
Confidential Information
Contract Year
Data Protection Laws
Effective Date
Force Majeure Event
Good Industry Practice
Group
Group Company
Initial Term
Intellectual Property Rights
Key Performance Indicators
Material Breach
Personal Data
Representatives
Service Credits
Service Hours
Service Levels
Services
Service Provider
Service Recipient
Shared Service Center
Staff
Standard of Care
Term
Territory
Transfer Pricing Requirements
Working Hours
Year
Service Provision
Service Levels
Fees and Payments
Transfer Pricing
Performance Monitoring
Staff and Resources
Data Protection
Confidentiality
Intellectual Property
Warranties
Indemnification
Limitation of Liability
Force Majeure
Term and Termination
Change Control
Audit Rights
Record Keeping
Business Continuity
Assignment and Subcontracting
Notices
Dispute Resolution
Governing Law
Entire Agreement
Severability
Waiver
Amendments
Third Party Rights
Counterparts
Financial Services
Manufacturing
Technology
Healthcare
Retail
Energy
Telecommunications
Professional Services
Consumer Goods
Industrial
Transportation
Real Estate
Legal
Finance
Tax
Compliance
Corporate Governance
Treasury
Operations
Shared Services
Company Secretariat
Risk Management
Internal Audit
Corporate Services
Chief Financial Officer
Head of Legal
Group Tax Director
Shared Services Director
Corporate Counsel
Finance Director
Compliance Officer
Group Controller
Head of Operations
Transfer Pricing Manager
Company Secretary
Head of Group Treasury
Chief Operating Officer
General Counsel
Head of Corporate Services
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