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1. Parties: Identification and details of all parties entering into the cost sharing agreement
2. Background: Context of the agreement, relationship between parties, and purpose of the cost sharing arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Cost Sharing: Clear delineation of which costs are to be shared under the agreement
5. Cost Allocation Method: Detailed methodology for calculating and allocating costs between parties
6. Payment Terms: Timing, method, and currency of payments, including invoicing procedures
7. Accounting and Records: Requirements for maintaining financial records and conducting audits
8. Confidentiality: Provisions protecting confidential information shared during the cost sharing arrangement
9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
10. Dispute Resolution: Procedures for resolving disagreements between parties
11. Governing Law: Specification of Malaysian law as governing law and jurisdiction
12. General Provisions: Standard boilerplate clauses including notices, amendments, and entire agreement
1. Intellectual Property Rights: Used when the cost sharing involves development or use of intellectual property
2. Tax Provisions: Detailed tax handling procedures, required when tax implications are significant or complex
3. Service Levels: Include when the cost sharing relates to ongoing services with specific performance requirements
4. Insurance Requirements: Required when shared activities involve significant risks requiring insurance coverage
5. Third Party Rights: Include when there are specific third parties who may be affected by or involved in the arrangement
6. Force Majeure: Optional but recommended when external events could significantly impact the cost sharing arrangement
7. Change Control: Include when the cost sharing arrangement is likely to need periodic adjustments
8. Staff and Resources: Required when the agreement involves sharing of personnel or physical resources
1. Schedule 1 - Cost Allocation Formula: Detailed mathematical formulas and examples of cost calculations
2. Schedule 2 - Shared Cost Categories: Comprehensive list of costs that fall within the scope of sharing
3. Schedule 3 - Payment Procedures: Detailed procedures for invoicing, payment timing, and reconciliation
4. Schedule 4 - Reporting Templates: Standard formats for regular financial reporting and cost allocation statements
5. Schedule 5 - Key Contacts: List of key personnel responsible for managing the cost sharing arrangement
6. Appendix A - Initial Cost Estimates: Baseline cost estimates used for initial planning
7. Appendix B - Approval Matrix: Decision-making authority levels for various types of costs
8. Appendix C - Service Level Metrics: If applicable, detailed performance metrics for shared services
Allocated Costs
Allocation Key
Audit Period
Base Currency
Business Day
Commencement Date
Confidential Information
Cost Pool
Cost Sharing Committee
Direct Costs
Effective Date
Financial Year
Force Majeure Event
Indirect Costs
Initial Term
Intellectual Property Rights
Invoice
Key Personnel
Material Breach
Participating Party
Payment Date
Payment Period
Permitted Purpose
Quarter
Reconciliation Period
Renewal Term
Reports
Service Provider
Shared Costs
Shared Resources
Termination Date
True-up Payment
Working Hours
Definitions
Cost Allocation
Payment Terms
Accounting and Records
Audit Rights
Confidentiality
Data Protection
Intellectual Property
Governance
Committee Structure
Decision Making
Service Levels
Performance Standards
Reporting Requirements
True-up Mechanism
Budget Planning
Term and Duration
Termination Rights
Force Majeure
Dispute Resolution
Governing Law
Notices
Assignment
Amendment
Severability
Entire Agreement
Third Party Rights
Compliance with Laws
Anti-Corruption
Competition Law
Indemnification
Liability Limitations
Insurance
Staff and Resources
Change Control
Exit Management
Manufacturing
Technology
Shared Services
Financial Services
Real Estate
Healthcare
Education
Retail
Logistics
Professional Services
Energy
Telecommunications
Construction
Research and Development
Legal
Finance
Operations
Compliance
Tax
Procurement
Risk Management
Commercial
Business Development
Project Management
Shared Services
Corporate Secretariat
Treasury
Accounting
Chief Financial Officer
Finance Director
Legal Counsel
Commercial Director
Operations Manager
Shared Services Manager
Financial Controller
Compliance Officer
Tax Manager
Business Development Manager
Project Manager
Corporate Secretary
Procurement Manager
Account Manager
Risk Manager
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