Novated Contract Template for Indonesia

1. Securities and Guarantees: Required when the original contract includes securities or guarantees that need to be addressed

2. Transitional Arrangements: Include when there are specific arrangements needed for the transition period

3. Tax Provisions: Required when the novation has specific tax implications that need to be addressed

4. Confidentiality: Include when there is sensitive information being shared as part of the novation process

5. Insurance: Required when insurance obligations need to be transferred or new insurance arrangements made

6. Intellectual Property: Include when IP rights are involved in the original contract and need to be addressed in the novation

1. Original Contract: Copy of the original contract being novated

2. Outstanding Obligations: Schedule detailing any outstanding obligations under the original contract

3. Calculation of Payments: Details of any payment adjustments or calculations related to the novation

4. Conditions Precedent: List of any conditions that must be satisfied before the novation takes effect

5. Required Consents: Copies of any third-party consents required for the novation

6. Transfer Documents: Any additional documents required to effect the transfer of specific rights or obligations