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1. Parties: Identification of the contracting parties, including full legal names, addresses, and business registration details
2. Background: Context of the agreement, relationship between parties, and general purpose of the contingency arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement, including specific contingency-related terminology
4. Scope of Services: Detailed description of the services or work to be performed by the contractor
5. Contingency Terms: Specific conditions that must be met for the agreement to take effect or for payment to become due
6. Payment Terms: Structure of contingent payments, calculation methods, and payment schedules once contingency conditions are met
7. Term and Termination: Duration of the agreement and circumstances under which it may be terminated
8. Representations and Warranties: Statements of fact and promises made by both parties regarding their capacity and authority
9. Contractor's Obligations: Specific responsibilities and commitments of the contractor
10. Client's Obligations: Specific responsibilities and commitments of the client
11. Confidentiality: Provisions protecting confidential information shared during the engagement
12. Intellectual Property: Ownership and rights regarding any IP created during the engagement
13. Dispute Resolution: Process for resolving disagreements, including jurisdiction and governing law
14. General Provisions: Standard contractual provisions including notices, amendments, and severability
1. Insurance Requirements: Specific insurance coverage requirements, used when the services involve significant risks or regulatory requirements
2. Performance Metrics: Detailed performance standards and evaluation criteria, used when specific quality or performance levels need to be maintained
3. Exclusivity: Provisions restricting the contractor from working with competitors, used when protecting competitive advantage is crucial
4. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term or high-risk contracts
5. Data Protection: Specific provisions for handling personal or sensitive data, required when data processing is involved
6. Compliance with Laws: Specific regulatory compliance requirements, used when operating in heavily regulated industries
7. Subcontracting: Terms governing the use of subcontractors, included when subcontracting might be necessary
8. Equipment and Resources: Provisions regarding tools and resources, used when specific equipment or resources are crucial to the service
1. Schedule A - Scope of Work: Detailed breakdown of services, deliverables, and technical specifications
2. Schedule B - Payment Structure: Detailed payment calculations, milestones, and contingency conditions
3. Schedule C - Performance Criteria: Specific metrics and standards for evaluating contractor's performance
4. Schedule D - Required Documentation: List of documents required for proving contingency conditions have been met
5. Schedule E - Key Personnel: Details of key team members and their roles if specific expertise is required
6. Appendix 1 - Insurance Requirements: Detailed insurance specifications and coverage requirements
7. Appendix 2 - Compliance Checklist: Regulatory and legal compliance requirements specific to the project
8. Appendix 3 - Required Forms: Standard forms and templates to be used during the engagement
Construction
Real Estate Development
Information Technology
Professional Services
Management Consulting
Legal Services
Financial Services
Sales and Marketing
Business Development
Healthcare Services
Engineering Services
Project Management
Education and Training
Research and Development
Legal
Human Resources
Procurement
Operations
Finance
Compliance
Risk Management
Executive Leadership
Project Management Office
Commercial
Business Development
Contract Administration
Legal Counsel
Contract Manager
Project Manager
Business Development Manager
Human Resources Director
Procurement Manager
Operations Manager
Finance Director
Compliance Officer
Risk Manager
Chief Executive Officer
Chief Operating Officer
Department Head
Program Director
Commercial Manager
Contractor Relations Manager
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