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1. Parties: Identifies and provides full legal details of all parties entering into the cost sharing agreement
2. Background: Explains the context and purpose of the cost sharing arrangement
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Shared Costs: Clearly defines which costs are included in the sharing arrangement
5. Cost Allocation Method: Details the methodology for calculating each party's share of costs
6. Payment Terms: Specifies payment frequency, method, and timing requirements
7. Reporting and Documentation: Outlines requirements for cost reporting, documentation, and record-keeping
8. Governance: Establishes decision-making processes and management of the cost sharing arrangement
9. Term and Termination: Specifies the duration of the agreement and conditions for termination
10. Dispute Resolution: Details the process for resolving disagreements between parties
11. General Provisions: Standard legal clauses including notices, amendments, governing law, etc.
1. Intellectual Property Rights: Include when shared costs involve development or use of intellectual property
2. Confidentiality: Include when parties need to share sensitive financial or operational information
3. Tax Considerations: Include when specific tax implications need to be addressed
4. Audit Rights: Include when parties require the right to audit cost calculations and allocations
5. New Party Admission: Include when there's possibility of additional parties joining the arrangement
6. Force Majeure: Include when external events might affect cost sharing obligations
7. Insurance Requirements: Include when shared activities require specific insurance coverage
1. Schedule 1 - Cost Categories: Detailed list and description of all cost categories included in the sharing arrangement
2. Schedule 2 - Allocation Percentages: Specific percentage or formula for cost allocation among parties
3. Schedule 3 - Approved Budget: Initial or annual budget for shared costs
4. Schedule 4 - Calculation Examples: Examples demonstrating how cost allocation works in practice
5. Schedule 5 - Reporting Templates: Standard templates for cost reporting and documentation
6. Appendix A - Contact Details: Key contacts and notice details for each party
7. Appendix B - Governance Procedures: Detailed procedures for decision-making and governance
Definitions
Term and Duration
Cost Sharing Principles
Cost Allocation
Payment Terms
Budgeting
Reporting Requirements
Record Keeping
Audit Rights
Governance
Decision Making
Confidentiality
Intellectual Property
Liability
Indemnification
Insurance
Force Majeure
Termination
Exit Provisions
Dispute Resolution
Assignment
Notices
Amendment
Severability
Entire Agreement
Governing Law
GST and Taxation
Relationship of Parties
Third Party Rights
Technology
Real Estate
Manufacturing
Healthcare
Education
Professional Services
Research and Development
Construction
Energy
Transportation
Telecommunications
Financial Services
Agriculture
Retail
Finance
Legal
Operations
Commercial
Procurement
Risk and Compliance
Business Development
Facilities Management
Project Management
Strategic Planning
Administration
Chief Financial Officer
Finance Director
Commercial Manager
Legal Counsel
Operations Manager
Project Manager
Contract Manager
Business Development Manager
Procurement Manager
Joint Venture Manager
Facilities Manager
Financial Controller
Risk Manager
Compliance Officer
Partnership Director
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