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Project Agreement Between Company And Client Template for Malaysia

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Key Requirements PROMPT example:

Project Agreement Between Company And Client

"I need a Project Agreement Between Company And Client for a software development project starting March 2025, with specific focus on intellectual property rights and data protection clauses as we'll be handling sensitive customer data."

Document background
The Project Agreement Between Company And Client serves as a foundational document for managing project-based relationships in the Malaysian business context. It is typically used when a company undertakes to deliver specific deliverables, services, or outcomes for a client over a defined period. The agreement comprehensively covers project scope, timeline, payment terms, deliverables, and risk allocation while ensuring compliance with Malaysian law, including the Contracts Act 1950 and relevant industry regulations. This document is essential for projects requiring formal governance structures, clear delivery frameworks, and defined commercial terms, particularly in regulated industries or high-value engagements. It incorporates Malaysian legal requirements while following international best practices in project management and contract administration.
Suggested Sections

1. Parties: Formal identification of the contracting parties with full legal names and registration details

2. Background: Context of the agreement, including project overview and relationship between parties

3. Definitions and Interpretation: Detailed definitions of terms used throughout the agreement and rules of interpretation

4. Scope of Work: Detailed description of the project deliverables, requirements, and objectives

5. Project Timeline: Key dates, milestones, and delivery schedules

6. Payment Terms: Pricing, payment schedule, invoicing requirements, and payment methods

7. Obligations of the Company: Detailed responsibilities and commitments of the service provider

8. Obligations of the Client: Client's responsibilities, including provision of information and access

9. Change Management: Process for requesting, approving, and implementing changes to the project scope

10. Intellectual Property Rights: Ownership and usage rights of project deliverables and pre-existing IP

11. Confidentiality: Protection of confidential information and trade secrets

12. Term and Termination: Duration of agreement and circumstances for termination

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

14. Dispute Resolution: Process for resolving disagreements, including jurisdiction and governing law

15. General Provisions: Standard legal clauses including notices, assignment, and entire agreement

Optional Sections

1. Performance Guarantees: Specific performance standards and related penalties/remedies, used for projects with critical performance requirements

2. Insurance Requirements: Detailed insurance obligations, recommended for high-risk or high-value projects

3. Environmental Compliance: Environmental obligations and standards, necessary for projects with environmental impact

4. Security Requirements: Information and physical security requirements, important for IT or sensitive projects

5. Staff and Resources: Requirements for key personnel and resource allocation, useful for service-heavy projects

6. Compliance with Laws: Specific regulatory compliance requirements, important for regulated industries

7. Data Protection: Detailed data handling requirements, necessary when personal data is processed

8. Exit Management: Transition arrangements at contract end, important for complex or long-term projects

Suggested Schedules

1. Schedule 1 - Detailed Scope of Work: Comprehensive technical specifications and requirements

2. Schedule 2 - Project Timeline: Detailed project schedule with milestones and dependencies

3. Schedule 3 - Pricing and Payment Schedule: Detailed breakdown of costs, rates, and payment milestones

4. Schedule 4 - Key Personnel: Details of key team members and their roles

5. Schedule 5 - Service Levels: Performance metrics and measurement criteria

6. Schedule 6 - Technical Requirements: Detailed technical specifications and standards

7. Schedule 7 - Testing and Acceptance Criteria: Procedures and criteria for accepting deliverables

8. Schedule 8 - Form of Change Order: Template for documenting and approving changes

9. Appendix A - Required Reports: Templates and specifications for project reporting

10. Appendix B - Contact Details: Key contact information for both parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions


































Clauses


































Relevant Industries

Information Technology

Construction

Manufacturing

Professional Services

Engineering

Telecommunications

Energy

Infrastructure

Healthcare

Education

Financial Services

Consulting

Relevant Teams

Legal

Commercial

Operations

Finance

Project Management Office

Business Development

Risk and Compliance

Procurement

Technical Services

Account Management

Relevant Roles

Project Manager

Contract Manager

Legal Counsel

Commercial Director

Business Development Manager

Operations Manager

Finance Manager

Technical Director

Procurement Manager

Risk Manager

Compliance Officer

Account Executive

Program Director

Project Coordinator

Senior Executive

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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