The Engagement Agreement serves as the primary contractual document defining the professional relationship between service providers and their clients in Singapore. This document is essential when establishing formal professional service arrangements, whether for consulting, advisory, or other professional services. The agreement comprehensively covers service scope, fees, deliverables, and obligations while ensuring compliance with Singapore's legal framework. The Engagement Agreement is particularly important for protecting both parties' interests and setting clear expectations for the professional relationship.
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1. Parties: Identification and details of all parties to the agreement including their registered addresses and company registration numbers where applicable
2. Background: Context and purpose of the engagement, explaining the relationship between parties and objectives
3. Definitions: Key terms used throughout the agreement and their specific meanings in the context of this engagement
4. Scope of Services: Detailed description of services to be provided, including deliverables and timelines
5. Term and Termination: Duration of engagement, renewal terms, and circumstances under which the agreement may be terminated
6. Fees and Payment: Compensation structure, payment terms, expenses, and invoicing procedures
7. Confidentiality: Protection of confidential information, including duration of obligations and permitted disclosures
8. Governing Law: Specification of Singapore law as governing law and jurisdiction for dispute resolution
1. Intellectual Property Rights: Provisions regarding ownership, transfer, or licensing of intellectual property created during the engagement
2. Non-Competition: Restrictions on competitive activities during and after the engagement period
3. Insurance: Requirements for professional indemnity insurance and other relevant coverage
4. Data Protection: Compliance with Singapore Personal Data Protection Act and data handling procedures
5. Force Majeure: Provisions for unforeseen circumstances preventing performance of obligations
6. Assignment and Subcontracting: Terms regarding the ability to transfer rights or obligations under the agreement
1. Schedule 1 - Scope of Services: Detailed breakdown of services, deliverables, and performance requirements
2. Schedule 2 - Fee Schedule: Comprehensive fee structure, payment milestones, and expense policies
3. Schedule 3 - Service Levels: Performance metrics, quality standards, and response times
4. Schedule 4 - Key Personnel: Details of key team members, their roles, and replacement procedures
5. Schedule 5 - Compliance Requirements: Industry-specific regulatory requirements and compliance procedures
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