The Intra Company Agreement serves as a crucial document for formalizing arrangements between related entities within a corporate structure. This agreement, governed by English and Welsh law, is essential for companies looking to establish clear protocols for internal transactions, resource sharing, and service provision between group entities. It addresses key aspects such as transfer pricing, cost allocation, intellectual property rights, and compliance with regulatory requirements. The document is particularly important for multinational corporations and groups with complex organizational structures, helping to ensure transparency and proper governance in inter-company dealings.
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1. Parties: Identification of group companies involved in the agreement
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Scope of Agreement: Details of services, goods, or arrangements covered
5. Financial Terms: Pricing, payment terms, and transfer pricing arrangements
6. Duration and Termination: Term of agreement and termination provisions
7. Governing Law and Jurisdiction: Specification of English and Welsh law as governing law and jurisdiction
1. Staff Transfers: Provisions for secondments or staff movements between group companies
2. Intellectual Property: IP ownership and licensing arrangements between group entities
3. Data Protection: Provisions for handling shared personal data between group entities
4. Compliance: Specific compliance obligations including anti-bribery, modern slavery, and sanctions
5. Tax Provisions: Specific tax-related obligations and arrangements between group entities
1. Service Level Agreement: Detailed service specifications and performance metrics
2. Pricing Schedule: Detailed breakdown of charges and calculation methodologies
3. Transfer Pricing Documentation: Supporting documentation for transfer pricing arrangements
4. Group Structure Chart: Diagram showing relationship between participating entities
5. Data Processing Schedule: Detailed provisions regarding data sharing and processing between group entities
Relevant legal definitions
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Relevant Industries
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