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The Intercompany Service Agreement is essential for multinational and domestic corporate groups operating in Austria who need to formalize service arrangements between group entities. This document is particularly crucial in the Austrian business environment, where clear documentation of intercompany relationships is required for corporate, tax, and regulatory compliance. The agreement covers various types of intra-group services such as management services, administrative support, IT services, or technical assistance, ensuring compliance with Austrian transfer pricing regulations and corporate governance requirements. It is commonly used when centralizing functions within a group structure, implementing shared service arrangements, or establishing clear service delivery frameworks between related entities. The document must align with Austrian civil law principles while incorporating specific requirements under corporate law, tax regulations, and where applicable, industry-specific regulatory requirements.

1. Parties: Identification of the service provider and service recipient entities, including registration details and authorized representatives

2. Background: Context of the agreement, relationship between the parties, and general purpose of the service arrangement

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Services: General description of services to be provided, with reference to detailed service descriptions in schedules

5. Service Levels: Quality standards, performance metrics, and service level requirements

6. Fees and Payment Terms: Pricing methodology, payment terms, invoicing procedures, and transfer pricing compliance

7. Term and Termination: Duration of the agreement, renewal provisions, and termination rights

8. Obligations of Service Provider: Key responsibilities and commitments of the service provider

9. Obligations of Service Recipient: Key responsibilities and commitments of the service recipient

10. Intellectual Property Rights: Ownership and usage rights of IP created or used in service provision

11. Confidentiality: Protection of confidential information exchanged during service provision

12. Data Protection: GDPR compliance and data processing obligations

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

14. Force Majeure: Provisions for handling events beyond parties' reasonable control

15. Governing Law and Jurisdiction: Application of Austrian law and jurisdiction for disputes

16. General Provisions: Standard boilerplate clauses including notices, amendments, and severability