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Master Service Agreement Template for Austria

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Key Requirements PROMPT example:

Master Service Agreement

"I need an Austrian Master Service Agreement for providing IT consulting services to financial institutions, with strong emphasis on data protection, cybersecurity requirements, and regulatory compliance obligations for the banking sector."

Document background
The Master Service Agreement serves as the primary contractual framework for businesses operating in Austria who wish to establish a long-term service relationship. It is particularly suited for situations where services will be provided on an ongoing basis or through multiple projects over time. The agreement incorporates mandatory provisions under Austrian law while providing flexibility through schedules and statements of work. It addresses key commercial terms, regulatory requirements (including GDPR compliance), risk allocation, and operational procedures. This type of agreement is commonly used in business-to-business relationships where detailed service specifications, performance standards, and commercial terms need to be documented comprehensively.
Suggested Sections

1. Parties: Identification and details of the contracting parties, including registration numbers and addresses

2. Background: Context of the agreement and brief description of the parties' business relationship

3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement

4. Scope of Services: General description of services to be provided under the agreement

5. Term and Termination: Duration of the agreement, renewal provisions, and termination rights

6. Service Provider's Obligations: Key obligations and responsibilities of the service provider

7. Customer's Obligations: Key obligations and responsibilities of the customer

8. Fees and Payment Terms: Pricing, payment terms, invoicing requirements, and late payment consequences

9. Service Levels: Performance standards and service level requirements

10. Data Protection and Privacy: GDPR compliance and data protection obligations

11. Intellectual Property Rights: Ownership and usage rights of IP created or used during service provision

12. Confidentiality: Protection and handling of confidential information

13. Liability and Indemnification: Limitation of liability and indemnification obligations

14. Force Majeure: Rights and obligations in case of force majeure events

15. Governing Law and Jurisdiction: Austrian law as governing law and jurisdiction provisions

16. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement

Optional Sections

1. Insurance: Insurance requirements - include when services involve significant risk or physical presence

2. Compliance with Laws: Specific regulatory compliance obligations - include for regulated industries

3. Anti-Corruption: Anti-corruption and business ethics provisions - include for international services or public sector contracts

4. Personnel: Requirements for service provider's personnel - include when services are delivered by specific individuals

5. Audit Rights: Customer's audit rights - include for regulated industries or critical services

6. Business Continuity: Business continuity and disaster recovery - include for critical services

7. Change Control: Process for changes to services - include for complex or long-term services

8. Exit Assistance: Transition assistance upon termination - include for complex or critical services

Suggested Schedules

1. Schedule 1 - Service Description: Detailed description of services to be provided

2. Schedule 2 - Service Levels: Detailed service level requirements and measurement criteria

3. Schedule 3 - Charges: Detailed pricing, rate cards, and payment terms

4. Schedule 4 - Data Processing Agreement: GDPR-compliant data processing terms and details

5. Schedule 5 - Contact Details: Key contacts and escalation procedures

6. Schedule 6 - Technical Requirements: Technical specifications and requirements

7. Appendix A - Form of Change Order: Template for documenting changes to services

8. Appendix B - Security Requirements: Information security requirements and standards

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 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

Professional Services

Consulting

Manufacturing

Financial Services

Healthcare

Telecommunications

Construction

Energy

Logistics

Business Process Outsourcing

Research and Development

Relevant Teams

Legal

Procurement

Finance

Operations

Commercial

Compliance

Risk Management

Business Development

Service Delivery

Account Management

Executive Leadership

Relevant Roles

Legal Counsel

Procurement Manager

Contract Manager

Chief Financial Officer

Commercial Director

Operations Director

Chief Executive Officer

Project Manager

Account Manager

Risk Manager

Compliance Officer

Business Development Manager

Service Delivery Manager

Chief Operating Officer

Chief Legal Officer

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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