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Shared Services Agreement Template for Austria

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Key Requirements PROMPT example:

Shared Services Agreement

"I need a Shared Services Agreement for my IT consulting company to provide centralized HR, accounting, and IT support services to our three subsidiary companies in Austria, with the agreement starting from March 1, 2025, and including specific provisions for data protection and staff transfers."

Document background
This Shared Services Agreement template is designed for use under Austrian law when organizations wish to establish a formal arrangement for the provision of shared services. It is particularly relevant for corporate groups centralizing support functions, businesses seeking operational efficiency, or organizations establishing service centers. The agreement covers essential aspects including service scope, performance standards, pricing, governance, and risk allocation, while ensuring compliance with Austrian legal requirements including the ABGB (Civil Code), UGB (Commercial Code), DSG (Data Protection Act), and relevant employment laws. It is structured to accommodate various service types while maintaining flexibility for specific business needs and regulatory requirements.
Suggested Sections

1. Parties: Identification and details of the service provider and service recipient

2. Background: Context of the agreement and relationship between the parties

3. Definitions and Interpretation: Key terms used throughout the agreement and interpretation rules

4. Services Scope: Detailed description of services to be provided and service levels

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

6. Service Provider Obligations: Key responsibilities and commitments of the service provider

7. Service Recipient Obligations: Key responsibilities and commitments of the service recipient

8. Charges and Payment Terms: Pricing, invoicing, and payment arrangements

9. Service Levels and Performance: Performance standards, KPIs, and measurement methods

10. Governance and Reporting: Management structure, meetings, and reporting requirements

11. Data Protection and Security: GDPR compliance and data security measures

12. Confidentiality: Protection of confidential information

13. Liability and Indemnification: Risk allocation between parties

14. Force Majeure: Handling of events beyond parties' reasonable control

15. General Provisions: Standard legal provisions including governing law, notices, and assignment

Optional Sections

1. Intellectual Property Rights: Include when services involve creation or use of IP

2. Staff Transfer Provisions: Include when services involve transfer of employees

3. Business Continuity: Include for critical services requiring disaster recovery planning

4. Change Control: Include when services may require frequent modifications

5. Audit Rights: Include when regulatory compliance or financial oversight is crucial

6. Anti-Corruption and Compliance: Include for international services or regulated industries

7. Insurance Requirements: Include when services involve significant risks requiring specific insurance

8. Transition Services: Include when complex service transition is required

9. Step-In Rights: Include for critical services requiring potential emergency intervention

Suggested Schedules

1. Service Descriptions: Detailed specifications of each service category

2. Service Levels and KPIs: Detailed performance metrics and measurement methods

3. Charges and Pricing: Detailed pricing structure, rates, and calculation methods

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

5. Business Continuity Plan: Detailed procedures for service continuation in emergencies

6. Governance Procedures: Detailed management and escalation procedures

7. Security Requirements: Detailed security protocols and standards

8. Staff and Key Personnel: Details of key staff and qualifications

9. Exit Plan: Detailed procedures for service termination and transition

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

Financial Services

Manufacturing

Technology

Healthcare

Professional Services

Retail

Energy

Telecommunications

Real Estate

Transportation and Logistics

Consumer Goods

Insurance

Banking

Pharmaceuticals

Relevant Teams

Legal

Finance

Operations

Procurement

Human Resources

Information Technology

Compliance

Risk Management

Commercial

Business Development

Contract Management

Project Management

Service Delivery

Administration

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Head of Shared Services

Legal Counsel

Commercial Director

Operations Manager

Procurement Manager

Service Delivery Manager

Contract Manager

Finance Director

HR Director

IT Director

Compliance Officer

Business Unit Head

Project Manager

Risk Manager

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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