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Consultancy Agreement Between Two Companies
"I need a Consultancy Agreement Between Two Companies for my technology consulting firm to provide digital transformation services to a manufacturing company in Singapore, with specific IP protection clauses and performance metrics starting from March 2025."
1. Parties: Identification and details of both companies entering into the agreement
2. Background/Recitals: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Services: Detailed description of consulting services to be provided
5. Payment Terms: Fees, payment schedule, expenses, and invoicing procedures
6. Term and Termination: Duration of agreement and termination provisions
7. Confidentiality: Protection of confidential information
8. Intellectual Property: Ownership and rights to work products
1. Non-Competition: Restrictions on competitive activities - include when protecting business interests is crucial
2. Force Majeure: Provisions for unforeseeable circumstances - include for long-term or high-value services
3. Insurance: Insurance requirements and coverage - include when services involve significant risks
4. Data Protection: PDPA compliance provisions - include when personal data processing is involved
1. Schedule of Services: Detailed scope of work and deliverables
2. Fee Schedule: Detailed breakdown of fees and payment terms
3. Key Personnel: List of key consultants and their qualifications
4. Service Levels: Performance metrics and standards
5. Data Processing Agreement: Detailed data handling procedures if applicable
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