Master Service Agreement For IT Services for Malta
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Master Service Agreement For IT Services
"I need a Master Service Agreement for IT Services to govern the provision of cloud hosting and cybersecurity services to a Malta-based financial services company, with particular emphasis on GDPR compliance and financial services regulations, targeted for implementation by March 2025."
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1. Parties: Identifies the contracting parties with full legal names and registered addresses
2. Background: Sets out the context of the agreement and general intentions of the parties
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Services: Outlines the general framework for services to be provided under the agreement
5. Service Provider Obligations: Details the core obligations and responsibilities of the service provider
6. Customer Obligations: Specifies the customer's responsibilities and obligations
7. Change Control: Process for managing changes to services or agreement terms
8. Charges and Payment: Details the fee structure, payment terms, and invoicing process
9. Intellectual Property Rights: Addresses ownership and licensing of IP created or used in service delivery
10. Data Protection and Security: GDPR compliance and data security requirements
11. Confidentiality: Obligations regarding confidential information protection
12. Liability and Indemnities: Risk allocation, limitation of liability, and indemnification provisions
13. Term and Termination: Agreement duration, renewal, and termination provisions
14. Force Majeure: Handling of events beyond parties' reasonable control
15. Governance: Contract management, escalation procedures, and reporting requirements
16. General Provisions: Standard boilerplate clauses including notices, assignment, and governing law
1. Personnel: Details about key personnel, vetting requirements, and any secondment arrangements - include when specific staff commitments are crucial
2. Service Credits: Financial compensation mechanism for service level failures - include for services with strict performance requirements
3. Business Continuity: Disaster recovery and business continuity requirements - include for critical services
4. Exit Management: Detailed provisions for service transition upon termination - include for complex or critical services
5. Compliance and Audit: Specific regulatory compliance requirements and audit rights - include for regulated services
6. Insurance: Detailed insurance requirements - include for high-risk services
7. Anti-Bribery and Modern Slavery: Specific compliance provisions - include for international services or when required by customer policy
8. Parent Company Guarantee: Additional financial security provisions - include when service provider's financial strength is a concern
1. Schedule 1 - Services Description: Detailed description of each service to be provided
2. Schedule 2 - Service Levels: Performance metrics, measurement methods, and reporting requirements
3. Schedule 3 - Charges: Detailed pricing, rate cards, and payment milestones
4. Schedule 4 - Data Processing Agreement: GDPR-compliant data processing terms and details
5. Schedule 5 - Security Requirements: Detailed security policies and requirements
6. Schedule 6 - Governance Procedures: Detailed procedures for contract management and reporting
7. Schedule 7 - Form of Work Order: Template for ordering specific services under the agreement
8. Schedule 8 - Contact Details and Escalation Matrix: Key contacts and escalation procedures
9. Appendix A - Technical Standards: Required technical standards and specifications
10. Appendix B - Approved Subcontractors: List of pre-approved subcontractors and their scope
Authors
Information Technology
Financial Services
Gaming and iGaming
Healthcare
Telecommunications
Professional Services
E-commerce
Manufacturing
Education
Government and Public Sector
Hospitality and Tourism
Retail
Maritime and Logistics
Legal
Information Technology
Procurement
Information Security
Risk and Compliance
Operations
Finance
Commercial
Data Protection
Vendor Management
Project Management
Service Delivery
Chief Information Officer
IT Director
Legal Counsel
Procurement Manager
Contract Manager
Information Security Officer
Data Protection Officer
Operations Director
Chief Technology Officer
Risk Manager
Compliance Officer
Project Manager
Service Delivery Manager
Commercial Director
Chief Financial Officer
IT Service Manager
Vendor Manager
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