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Intra Company Agreement
I need an Intra Company Agreement between our Dubai-based holding company and its Abu Dhabi subsidiary for shared IT services and personnel, with implementation planned for March 2025 and including specific provisions for data protection and staff secondment.
1. Parties: Identification of the related companies entering into the agreement, including their full legal names, registration numbers, and registered addresses
2. Background: Context of the relationship between the companies, corporate structure, and purpose of the agreement
3. Definitions and Interpretation: Definitions of key terms used in the agreement and rules for interpretation
4. Scope of Cooperation: Detailed description of the business relationship and activities covered by the agreement
5. Duration and Termination: Term of the agreement, renewal provisions, and circumstances for termination
6. Financial Arrangements: Payment terms, pricing mechanisms, and financial obligations between the parties
7. Confidentiality: Provisions for protecting confidential information shared between the parties
8. Intellectual Property Rights: Ownership and usage rights of intellectual property between the companies
9. Compliance and Governance: Requirements for legal compliance, corporate governance, and reporting
10. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and applicable law
11. General Provisions: Standard contractual clauses including notices, amendments, and severability
1. Service Level Agreement: Detailed service standards and performance metrics - include when specific services are being provided between companies
2. Staff Transfers: Terms for temporary or permanent staff transfers between companies - include when employee sharing is contemplated
3. Cost Sharing: Methodology for sharing costs between companies - include when there are shared resources or expenses
4. Tax Considerations: Specific provisions for tax compliance and transfer pricing - include when cross-border transactions are involved
5. Data Protection: Specific data protection and privacy requirements - include when personal or sensitive data is shared
6. Insurance: Insurance requirements and allocations - include when shared risks need to be managed
7. Force Majeure: Provisions for handling unforeseen circumstances - include when long-term commitments are involved
8. Anti-corruption Compliance: Specific anti-corruption and compliance requirements - include when dealing with government entities or high-risk activities
1. Schedule 1 - Services Description: Detailed description of services to be provided between the companies
2. Schedule 2 - Pricing and Payment Terms: Detailed pricing structures, payment mechanisms, and financial arrangements
3. Schedule 3 - Key Personnel: List of key personnel responsible for managing the relationship and their roles
4. Schedule 4 - Service Levels: Specific performance metrics and service level requirements
5. Schedule 5 - Compliance Requirements: Detailed compliance requirements and procedures
6. Appendix A - Corporate Structure Chart: Diagram showing the relationship between the companies
7. Appendix B - Required Forms and Templates: Standard forms and templates to be used under the agreement
8. Appendix C - Contact Details: Contact information for key personnel and official notices
Authors
Financial Services
Manufacturing
Technology
Real Estate
Healthcare
Retail
Energy
Transportation
Construction
Professional Services
Telecommunications
Hospitality
Education
Media and Entertainment
Legal
Finance
Compliance
Corporate Governance
Risk Management
Treasury
Tax
Internal Audit
Corporate Affairs
Operations
Commercial
Business Development
Company Secretariat
Regulatory Affairs
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
General Counsel
Corporate Secretary
Finance Director
Legal Director
Compliance Officer
Commercial Director
Operations Director
Group Financial Controller
Head of Corporate Affairs
Risk Manager
Treasury Manager
Tax Director
Company Secretary
Business Development Director
Internal Audit Manager
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