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1. Parties: Identification of all parties entering into the cost sharing agreement
2. Background: Context of the agreement and relationship between the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Purpose and Scope: Clear statement of the agreement's purpose and scope of cost sharing arrangement
5. Cost Allocation Methodology: Detailed explanation of how costs will be calculated and allocated between parties
6. Payment Terms: Terms and conditions for payments, including timing, method, and currency
7. Record Keeping and Accounting: Requirements for maintaining financial records and accounting procedures
8. Audit Rights: Rights of parties to audit cost-related records and documentation
9. Confidentiality: Provisions for protecting confidential information shared during the cost sharing arrangement
10. Term and Termination: Duration of the agreement and conditions for termination
11. Dispute Resolution: Procedures for resolving disputes between parties
12. Governing Law: Specification of Pakistani law as governing law and jurisdiction
13. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Intellectual Property Rights: Required when cost sharing involves shared IP or development of new IP
2. Tax Provisions: Detailed tax considerations when significant tax implications exist
3. Force Majeure: Provisions for handling unforeseen circumstances affecting cost sharing obligations
4. Insurance Requirements: Needed when shared activities require specific insurance coverage
5. Third Party Rights: Required when arrangement may affect or involve third parties
6. Change Control: Procedures for managing changes to cost allocation or shared activities when complex ongoing arrangements are involved
7. Service Levels: Include when cost sharing relates to specific service delivery standards
1. Schedule 1 - Cost Allocation Formula: Detailed mathematical formula and methodology for cost allocation
2. Schedule 2 - Shared Resources: List and description of resources subject to cost sharing
3. Schedule 3 - Payment Schedule: Detailed timeline of payments and payment amounts
4. Schedule 4 - Reporting Template: Standard format for regular cost reporting and reconciliation
5. Schedule 5 - Contact Details: Key contacts for each party including financial and operational representatives
6. Appendix A - Initial Cost Estimates: Baseline cost estimates and projections
7. Appendix B - Accounting Procedures: Detailed procedures for cost tracking and accounting
Allocation Key
Applicable Law
Business Day
Commencement Date
Confidential Information
Cost Pool
Cost Sharing Period
Cost Sharing Ratio
Direct Costs
Effective Date
Eligible Costs
Excluded Costs
Financial Year
Force Majeure Event
Indirect Costs
Initial Budget
Intellectual Property Rights
Operating Costs
Overhead Costs
Participating Party
Payment Date
Project
Quarterly Statement
Reconciliation Period
Related Party
Shared Assets
Shared Facilities
Shared Resources
Shared Services
Term
Territory
True-up Payment
Working Capital
Cost Allocation
Payment Terms
Cost Reporting
Audit Rights
Record Keeping
Confidentiality
Intellectual Property
Warranties
Representations
Liability
Indemnification
Force Majeure
Term and Termination
Assignment
Notices
Dispute Resolution
Governing Law
Amendment
Severability
Entire Agreement
Tax Compliance
Anti-Corruption
Data Protection
Financial Controls
Service Standards
Performance Monitoring
Cost Recovery
Budget Setting
True-up Mechanisms
Exit Rights
Change Control
Manufacturing
Technology
Research and Development
Education
Healthcare
Construction
Infrastructure
Energy
Telecommunications
Professional Services
Real Estate
Transportation
Mining
Agriculture
Finance
Legal
Operations
Project Management
Procurement
Compliance
Risk Management
Business Development
Accounting
Treasury
Contract Administration
Chief Financial Officer
Finance Director
Legal Counsel
Project Manager
Operations Director
Business Development Manager
Financial Controller
Compliance Officer
Partnership Manager
Cost Accountant
Procurement Manager
Contract Administrator
Risk Manager
Treasury Manager
Joint Venture Coordinator
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