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Standard Fee Agreement
"I need a Standard Fee Agreement for my IT consulting company based in Jakarta, providing software development services to a manufacturing client, with monthly billing cycles and performance-based bonus structures starting from March 2025."
1. Parties: Identification and details of the service provider and client, including their legal names, registration numbers, and addresses
2. Background: Context of the agreement and brief description of why the parties are entering into this fee arrangement
3. Definitions: Definitions of key terms used throughout the agreement to ensure clear interpretation
4. Scope of Services: Detailed description of the services to be provided under the agreement
5. Fee Structure: Detailed breakdown of fees, including base fees, additional charges, and payment calculations
6. Payment Terms: Payment schedule, method of payment, and currency specifications
7. Duration and Termination: Term of the agreement and conditions for termination by either party
8. Obligations of the Service Provider: Responsibilities and commitments of the service provider
9. Obligations of the Client: Responsibilities and commitments of the client
10. Confidentiality: Provisions regarding the handling of confidential information
11. Dispute Resolution: Process for resolving disputes, including jurisdiction and governing law
12. General Provisions: Standard contractual provisions including notices, amendments, and entire agreement clause
1. Intellectual Property Rights: Include when services involve creation or use of intellectual property
2. Force Majeure: Include for longer-term agreements or when service delivery could be affected by external events
3. Insurance: Include when services involve significant risks or regulatory requirements for insurance
4. Performance Metrics: Include when fee structure is tied to specific performance indicators
5. Subcontracting: Include when service provider may need to engage subcontractors
6. Data Protection: Include when services involve processing of personal or sensitive data
7. Non-Competition: Include when protecting against competitive activities is relevant
8. Service Level Agreement: Include when specific service levels need to be maintained
1. Schedule A - Scope of Services: Detailed breakdown of services to be provided, including specific deliverables and timelines
2. Schedule B - Fee Schedule: Detailed fee structure, including rates, calculation methods, and any variable components
3. Schedule C - Payment Schedule: Timeline for payments, including milestone-based payments if applicable
4. Schedule D - Service Level Requirements: Specific metrics and standards for service delivery, if applicable
5. Appendix 1 - Contact Details: Key contact persons and their details for both parties
6. Appendix 2 - Required Documentation: List of documents required for service delivery or payment processing
Authors
Professional Services
Consulting
Information Technology
Financial Services
Legal Services
Engineering
Healthcare
Education
Real Estate
Construction
Manufacturing
Retail
Telecommunications
Marketing and Advertising
Business Process Outsourcing
Legal
Finance
Procurement
Operations
Commercial
Administration
Risk Management
Compliance
Human Resources
Business Development
Contract Management
Legal Counsel
Contract Manager
Procurement Manager
Finance Director
Chief Financial Officer
Business Development Manager
Project Manager
Operations Director
Managing Director
Compliance Officer
Human Resources Manager
Commercial Director
Chief Executive Officer
Administrative Manager
Risk Manager
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