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Managed Services Agreement
"I need a Managed Services Agreement for our IT company to provide cloud infrastructure management and cybersecurity services to a large Indonesian bank, with strict data protection provisions and compliance with Indonesian banking regulations."
1. Parties: Identification of the service provider and customer, including their complete legal names, registration numbers, and addresses
2. Background: Context of the agreement, brief description of the parties' business relationship and purpose of the managed services arrangement
3. Definitions and Interpretation: Detailed definitions of terms used throughout the agreement and rules for interpreting the agreement
4. Scope of Services: High-level description of the managed services to be provided, referring to detailed specifications in schedules
5. Term and Renewal: Duration of the agreement, including start date, initial term, and renewal provisions
6. Service Provider Obligations: Key responsibilities and commitments of the service provider, including service levels and performance standards
7. Customer Obligations: Customer's responsibilities, including access provision, cooperation, and prerequisites for service delivery
8. Personnel: Requirements for service provider's staff, including qualifications, security clearance, and replacement procedures
9. Fees and Payment: Pricing structure, payment terms, invoicing procedures, and late payment consequences
10. Service Levels and Performance: Service level agreements (SLAs), performance metrics, and measurement methodology
11. Intellectual Property Rights: Ownership and usage rights of pre-existing and newly created intellectual property
12. Confidentiality: Protection of confidential information, including scope, obligations, and permitted disclosures
13. Data Protection and Security: Compliance with Indonesian data protection laws, security measures, and data handling procedures
14. Liability and Indemnification: Limitation of liability, mutual indemnifications, and insurance requirements
15. Force Majeure: Events beyond parties' control and their impact on service delivery obligations
16. Termination: Grounds for termination, notice periods, and consequences of termination
17. Exit and Migration: Procedures for service transition upon termination, including data return and cooperation obligations
18. General Provisions: Standard clauses including notices, amendments, assignment, governing law, and dispute resolution
1. Regulatory Compliance: Specific section for heavily regulated industries (e.g., financial services, healthcare) detailing compliance requirements
2. Business Continuity and Disaster Recovery: Detailed provisions for service continuity in crisis situations, recommended for critical services
3. Third-Party Subcontractors: Rules for engaging subcontractors, needed if service provider plans to outsource portions of services
4. Change Control: Formal process for managing changes to services or agreement terms, important for complex service arrangements
5. Environmental Compliance: Required for services with environmental impact or when parties have specific sustainability commitments
6. Anti-Bribery and Corruption: Detailed compliance provisions, particularly important when dealing with government entities or regulated industries
7. Parent Company Guarantee: Required when seeking additional financial security from service provider's parent company
8. Foreign Language Version: Required under Indonesian law if any party is foreign, providing for dual-language agreement with precedence rules
1. Schedule 1 - Service Specifications: Detailed technical and operational specifications of all managed services to be provided
2. Schedule 2 - Service Levels and KPIs: Detailed service level agreements, performance indicators, and measurement methodologies
3. Schedule 3 - Pricing and Payment Schedule: Detailed fee structure, pricing models, payment milestones, and any variable pricing elements
4. Schedule 4 - Personnel and Key Contacts: List of key personnel, roles, responsibilities, and contact information for both parties
5. Schedule 5 - Technical Requirements: Customer's technical environment, integration requirements, and technical specifications
6. Schedule 6 - Security Requirements: Detailed security protocols, standards, and compliance requirements
7. Schedule 7 - Change Control Procedure: Detailed process for requesting, approving, and implementing changes to services
8. Schedule 8 - Exit Plan: Detailed procedures for service transition upon termination, including timelines and responsibilities
9. Appendix A - Form of Change Order: Template for documenting and approving changes to services or agreement terms
10. Appendix B - Incident Report Template: Standard format for reporting and documenting service incidents or breaches
11. Appendix C - Service Request Form: Template for requesting additional or modified services under the agreement
Authors
Information Technology
Telecommunications
Financial Services
Healthcare
Manufacturing
Energy
Retail
Professional Services
Infrastructure
Education
Government Services
Transportation and Logistics
Legal
Procurement
Information Technology
Operations
Finance
Risk and Compliance
Commercial
Service Delivery
Vendor Management
Technical Services
Security
Data Protection
Chief Information Officer
Chief Technology Officer
Head of Procurement
Legal Counsel
Contracts Manager
Operations Director
Service Delivery Manager
Chief Financial Officer
Risk Manager
Compliance Officer
IT Director
Procurement Manager
Vendor Manager
Operations Manager
Project Manager
Technical Services Director
Chief Operating Officer
Commercial Director
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