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Master Fee Agreement
"I need a Master Fee Agreement governed by Belgian law for a software development company providing ongoing IT consulting services to multiple EU clients, with standard payment terms of 30 days and the ability to adjust rates quarterly."
1. Parties: Identification of the contracting parties, including full legal names, registration numbers, and registered addresses
2. Background: Context of the agreement and the business relationship between the parties
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. Scope of Agreement: Overview of services covered by the fee arrangement and the framework for specific service orders
5. Fee Structure: Basic principles of fee calculation, including rate types, currency, and adjustment mechanisms
6. Payment Terms: Invoice submission, payment deadlines, late payment consequences in accordance with Belgian law
7. VAT and Taxation: Treatment of VAT and other applicable taxes, compliance with Belgian tax regulations
8. Term and Termination: Duration of the agreement, renewal provisions, and termination rights
9. Obligations of the Parties: Key responsibilities and commitments of each party
10. Confidentiality: Protection of confidential information exchanged during the business relationship
11. Liability and Indemnification: Limitations of liability and indemnification obligations under Belgian law
12. Force Majeure: Events excusing performance and their consequences
13. Governing Law and Jurisdiction: Confirmation of Belgian law governance and jurisdiction for disputes
14. General Provisions: Standard clauses including notices, amendments, and severability
1. Data Protection: Required when personal data processing is involved, ensuring GDPR compliance
2. Intellectual Property: Needed when services involve creation or use of intellectual property
3. Insurance: Required for high-risk services or when specific insurance coverage is necessary
4. Service Levels: Include when specific performance metrics need to be maintained
5. Audit Rights: Important for relationships requiring financial or performance auditing
6. Anti-Corruption: Required for international business relationships or public sector work
7. Assignment and Subcontracting: Include when these rights need to be specifically addressed
8. Non-Competition: Required when protecting against competitive activities is necessary
1. Schedule 1 - Fee Schedule: Detailed breakdown of fees, rates, and pricing mechanisms
2. Schedule 2 - Service Specifications: Detailed description of services covered under the agreement
3. Schedule 3 - Payment Procedures: Specific invoicing requirements, payment processes, and documentation
4. Schedule 4 - Key Personnel: List of key contacts and responsible persons from each party
5. Schedule 5 - Service Levels: Detailed performance metrics and measurement methods
6. Appendix A - Standard Terms and Conditions: Additional standard terms applicable to all services
7. Appendix B - Form of Service Order: Template for individual service orders under the master agreement
8. Appendix C - Compliance Requirements: Specific regulatory and compliance obligations applicable to the services
Authors
Professional Services
Consulting
Information Technology
Financial Services
Legal Services
Healthcare
Manufacturing
Telecommunications
Energy
Real Estate
Construction
Education
Research and Development
Marketing and Advertising
Legal
Finance
Procurement
Operations
Commercial
Business Development
Compliance
Risk Management
Contract Management
Account Management
Project Management
Legal Counsel
Contract Manager
Chief Financial Officer
Finance Director
Procurement Manager
Business Development Manager
Operations Director
Project Manager
Account Manager
Commercial Director
Compliance Officer
Risk Manager
Service Delivery Manager
Financial Controller
General Counsel
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