Master Fee Agreement for Malta

Master Fee Agreement Template for Malta

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Key Requirements PROMPT example:

Master Fee Agreement

"I need a Master Fee Agreement under Maltese law for my IT consulting company to provide software development services to various clients, with standard hourly rates and monthly invoicing, planned to commence from March 2025."

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What is a Master Fee Agreement?

The Master Fee Agreement serves as the primary contractual framework for establishing and managing ongoing fee-based service relationships under Maltese law. This document is typically used when parties anticipate a long-term service relationship requiring a structured approach to fees, services, and operational requirements. The Master Fee Agreement sets out the overarching terms while allowing for specific services and fees to be detailed in schedules that can be updated over time. It incorporates necessary provisions to comply with Maltese commercial law, EU regulations, and industry-specific requirements, making it particularly suitable for businesses operating in or through Malta's growing service sector. The agreement is designed to provide clarity on payment obligations, service standards, and mutual responsibilities while maintaining flexibility for evolving business needs.

What sections should be included in a Master Fee Agreement?

1. Parties: Identification and details of the contracting parties

2. Background: Context of the agreement and relationship between the parties

3. Definitions and Interpretation: Definitions of key terms and interpretation rules

4. Scope of Agreement: Framework terms governing the overall relationship and service provision

5. Fee Structure: General principles for fee calculation and application

6. Payment Terms: Payment timing, methods, currency, and late payment consequences

7. Invoicing: Invoicing procedures, requirements, and timing

8. Service Standards: Quality standards and service level requirements

9. Term and Termination: Duration of agreement and termination provisions

10. Confidentiality: Protection of confidential information

11. Data Protection: GDPR compliance and data handling requirements

12. Intellectual Property: IP rights and protection

13. Liability and Indemnification: Limitation of liability and indemnification provisions

14. Force Majeure: Handling of events beyond parties' control

15. Notices: Communication procedures and contact details

16. Governing Law and Jurisdiction: Maltese law application and dispute resolution

17. General Provisions: Standard boilerplate clauses including assignment, amendment, etc.

What sections are optional to include in a Master Fee Agreement?

1. Regulatory Compliance: Include when services are subject to specific regulatory requirements (e.g., financial services, healthcare)

2. Anti-Money Laundering: Required for financial services or high-value transactions

3. Service Level Agreement: Include when specific performance metrics need to be maintained

4. Insurance: Include when specific insurance coverage is required

5. Audit Rights: Include when regular auditing of fees or services is necessary

6. Business Continuity: Include for critical services requiring disaster recovery planning

7. Sub-contractors: Include when service provider may use sub-contractors

8. Non-Competition: Include when protecting against competitive activities is necessary

9. Marketing and Publicity: Include when addressing public announcements or references is needed

What schedules should be included in a Master Fee Agreement?

1. Schedule 1 - Fee Schedule: Detailed breakdown of fees, rates, and pricing structure

2. Schedule 2 - Services Description: Detailed description of services covered by the agreement

3. Schedule 3 - Service Levels: Specific service level requirements and metrics

4. Schedule 4 - Key Personnel: List of key personnel responsible for service delivery

5. Schedule 5 - Approved Sub-contractors: List of pre-approved sub-contractors if applicable

6. Schedule 6 - Technical Requirements: Technical specifications and requirements

7. Schedule 7 - Compliance Requirements: Specific regulatory or compliance requirements

8. Appendix A - Contact Details: Contact information for key personnel and notices

9. Appendix B - Report Templates: Standard templates for required reports and documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Financial Services

Professional Services

Information Technology

Consulting

Legal Services

Healthcare

Real Estate

Gaming and Entertainment

Maritime Services

Educational Services

Telecommunications

Business Process Outsourcing

Relevant Teams

Legal

Finance

Procurement

Commercial

Operations

Compliance

Business Development

Account Management

Service Delivery

Treasury

Risk Management

Contract Administration

Relevant Roles

Chief Financial Officer

Legal Counsel

Commercial Director

Procurement Manager

Contract Manager

Finance Director

Operations Director

Compliance Officer

Business Development Manager

Account Manager

Service Delivery Manager

Treasury Manager

Risk Manager

Financial Controller

General Counsel

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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