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Service Fee Agreement
"I need a Service Fee Agreement for my IT consulting company based in Singapore to provide software development services to a multinational client, with monthly billing cycles and specific performance metrics for service delivery starting March 2025."
1. Parties: Identification and details of the service provider and service recipient
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of services to be provided
5. Fees and Payment Terms: Service fees, payment schedule, and invoicing requirements
6. Term and Termination: Duration of agreement and termination provisions
7. Obligations of Parties: Rights and responsibilities of each party
8. Governing Law: Specification of Singapore law as governing law
1. Intellectual Property Rights: Provisions for IP ownership and licenses when services involve creation or use of intellectual property
2. Confidentiality: Non-disclosure obligations for when sensitive information will be shared between parties
3. Data Protection: PDPA compliance requirements for when personal data will be processed
4. Force Majeure: Provisions for unforeseen circumstances in longer-term service arrangements
5. Non-Competition: Restrictions on competitive activities when protecting market position is crucial
1. Service Description Schedule: Detailed specification of services to be provided
2. Fee Schedule: Detailed breakdown of fees and charges
3. Service Levels: Performance metrics and standards for service delivery
4. Contact Details: Key personnel and communication protocols for both parties
5. Data Processing Agreement: Detailed PDPA compliance requirements and procedures for personal data processing
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