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Intercompany Services Agreement
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 as group companies, and general purpose of the service arrangement
3. Definitions: Definitions of key terms used throughout the agreement, including specific service-related terminology
4. Services: Detailed description of services to be provided, service levels, and delivery requirements
5. Service Provider Obligations: Key responsibilities and commitments of the service provider, including quality standards and reporting requirements
6. Service Recipient Obligations: Responsibilities of the service recipient, including cooperation requirements and provision of necessary information
7. Fees and Payment Terms: Service fee structure, calculation methodology, payment terms, and transfer pricing compliance requirements
8. Intellectual Property Rights: Ownership and usage rights of IP created or used in service delivery
9. Confidentiality: Protection of confidential information exchanged between group companies
10. Data Protection: GDPR compliance measures and data processing requirements
11. Term and Termination: Duration of the agreement, renewal terms, and termination provisions
12. Liability and Indemnification: Allocation of risks and responsibilities between group companies
13. Force Majeure: Provisions for handling events beyond reasonable control
14. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes
15. General Provisions: Standard boilerplate clauses including amendments, assignments, and notices
1. Personnel: Required when services involve dedicated staff or secondment arrangements
2. Quality Control: Needed for services requiring specific quality standards or certifications
3. Audit Rights: Include when regular auditing of service delivery or pricing is required
4. Business Continuity: Important for critical services requiring disaster recovery planning
5. Compliance with Group Policies: Include when specific group-wide policies need to be referenced
6. Exit Management: Required for complex services needing detailed transition arrangements
7. Insurance: Include when specific insurance coverage is required for service delivery
8. Anti-Corruption: Required when services involve high-risk activities or jurisdictions
9. Environmental Compliance: Include for services with environmental impact or requirements
1. Service Description Schedule: Detailed specifications of each service, including scope, deliverables, and exclusions
2. Service Levels and KPIs: Specific performance metrics, measurement methods, and reporting requirements
3. Fee Schedule: Detailed pricing structure, calculation methods, and transfer pricing documentation
4. Contact Details and Escalation Matrix: Key personnel contacts and procedure for issue escalation
5. Data Processing Agreement: GDPR-compliant terms for personal data processing
6. Group Policy Requirements: Relevant group policies and compliance requirements
7. Transition Plan: Steps and timelines for service implementation or transition
8. Business Continuity Plan: Procedures for maintaining service continuity in emergency situations
9. Form of Reports: Templates and formats for required service reports and documentation
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