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General Terms Agreement
"I need a General Terms Agreement under Indian law for my IT services company that will be providing software development services to multiple clients starting January 2025, with specific focus on data protection and intellectual property provisions."
1. Parties: Identifies and provides full legal details of all parties entering into the agreement
2. Background: Sets out the context and purpose of the agreement and the parties' intentions
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes rules of interpretation
4. Scope of Agreement: Outlines the broad framework of the business relationship and what is covered under the agreement
5. Term and Termination: Specifies the duration of the agreement and circumstances under which it can be terminated
6. General Obligations: Sets out the fundamental obligations of each party under the agreement
7. Payment Terms: Establishes the general framework for pricing, invoicing, and payment
8. Confidentiality: Protects confidential information exchanged between the parties
9. Intellectual Property Rights: Addresses ownership and usage rights of intellectual property
10. Indemnification: Specifies mutual indemnification obligations and procedures
11. Limitation of Liability: Sets out the limits of each party's liability under the agreement
12. Force Majeure: Addresses circumstances beyond parties' control that may affect performance
13. Dispute Resolution: Establishes procedures for resolving disputes between the parties
14. Governing Law and Jurisdiction: Specifies the applicable law and courts having jurisdiction
15. General Provisions: Contains standard boilerplate clauses including notices, assignment, and severability
1. Insurance: Required when specific insurance coverage needs to be maintained by either party
2. Compliance with Laws: Detailed section needed when operating in heavily regulated industries or across multiple jurisdictions
3. Data Protection: Required when personal data processing is involved in the business relationship
4. Anti-Corruption and Anti-Bribery: Important for international business relationships or government contracts
5. Change Control: Needed when the scope of services or deliverables may require formal change management
6. Service Levels: Required when specific performance metrics need to be maintained
7. Audit Rights: Important when one party needs to verify the other's compliance or performance
8. Business Continuity: Required for critical business relationships where service interruption must be minimized
9. Environmental Compliance: Needed when environmental impacts are relevant to the business relationship
1. Schedule 1 - Commercial Terms: Detailed pricing, payment terms, and commercial arrangements
2. Schedule 2 - Service Specifications: Detailed description of services or products covered under the agreement
3. Schedule 3 - Service Levels and KPIs: Specific performance metrics and measurement criteria
4. Schedule 4 - Contact Details: Key contact information for both parties
5. Schedule 5 - Data Processing Requirements: Specific requirements for handling personal data if applicable
6. Appendix A - Technical Requirements: Technical specifications or requirements
7. Appendix B - Form of Purchase Order: Standard template for purchase orders under the agreement
8. Appendix C - Change Request Form: Template for requesting and documenting changes to the agreement
Authors
Information Technology
Manufacturing
Professional Services
Retail
Healthcare
Financial Services
Telecommunications
Construction
Energy
Logistics and Supply Chain
Consumer Goods
Education
Legal
Procurement
Commercial
Operations
Risk and Compliance
Finance
Business Development
Sales
Supply Chain
Contract Administration
Legal Counsel
Contract Manager
Commercial Director
Chief Legal Officer
Procurement Manager
Business Development Manager
Operations Director
Risk Manager
Compliance Officer
Chief Financial Officer
General Manager
Project Manager
Account Manager
Sales Director
Supply Chain Manager
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