Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
DATE
{{date}}
PARTIES
This Inter-Company Services Agreement (the “Agreement”) is made and entered into on this {{day}} day of {{month}}, {{year}} (the “Effective Date”) by and between:
1. **{{service_provider_company_name}}**, a company duly incorporated under the laws of {{service_provider_jurisdiction}}, with its registered office located at {{service_provider_address}} (hereinafter referred to as the “Service Provider”); and
2. **{{service_recipient_company_name}}**, a company duly incorporated under the laws of {{service_recipient_jurisdiction}}, with its registered office located at {{service_recipient_address}} (hereinafter referred to as the “Service Recipient”).
The Service Provider and the Service Recipient are hereinafter collectively referred to as the “Parties” and individually as a “Party”.
BACKGROUND
A. The Service Provider possesses the necessary expertise, resources, and personnel to provide certain services.
B. The Service Recipient requires the provision of such services from the Service Provider.
C. The Parties are related entities within the same corporate group and desire to formalize the terms and conditions under which such services will be provided and received.
1. SCOPE OF SERVICES
1.1. The Service Provider shall provide the following services to the Service Recipient (the “Services”):
a. {{service_1_description}}
b. {{service_2_description}}
c. {{service_3_description}}
[Add more as required]
1.2. The detailed scope, frequency, and specific deliverables for each service shall be further defined in Schedule A, which forms an integral part of this Agreement.
2. SERVICE FEES AND PAYMENT TERMS
2.1. The Service Recipient shall pay the Service Provider a fee for the Services rendered as set out in Schedule B (the “Service Fees”).
2.2. The Service Fees shall be calculated on {{basis_of_charge_e.g._cost_plus_fixed_fee_time_and_materials}} at a rate of {{rate_percentage_or_amount}}.
2.3. All Service Fees are exclusive of Value Added Tax (VAT) or any other applicable taxes, which shall be borne by the Service Recipient where legally applicable.
2.4. Invoices for the Services shall be issued {{invoice_frequency_e.g._monthly_quarterly}} and shall be paid by the Service Recipient within {{payment_days}} days from the date of the invoice.
3. TERM AND TERMINATION
3.1. This Agreement shall commence on the Effective Date and shall continue for an initial period of {{initial_term_months_or_years}} (the “Initial Term”), unless terminated earlier in accordance with the provisions hereof.
3.2. This Agreement shall automatically renew for successive periods of {{renewal_term_months_or_years}} unless either Party provides written notice of non-renewal at least {{notice_period_days}} days prior to the expiry of the then-current term.
3.3. Either Party may terminate this Agreement immediately upon written notice if the other Party commits a material breach of any of its obligations hereunder and fails to remedy such breach within {{cure_period_days}} days of receiving written notice specifying the breach.
4. CONFIDENTIALITY
4.1. Each Party agrees to keep confidential all non-public information concerning the business, operations, and affairs of the other Party that it obtains in connection with this Agreement (the “Confidential Information”).
4.2. Neither Party shall disclose Confidential Information to any third party without the prior written consent of the other Party, except as required by law.
5. GOVERNING LAW AND DISPUTE RESOLUTION
5.1. This Agreement shall be governed by and construed in accordance with the laws of {{country}}.
5.2. Any dispute, controversy or claim arising out of or relating to this Agreement, or the breach, termination or invalidity thereof, shall be resolved through good faith negotiations between the Parties.
5.3. If negotiations fail, the Parties agree to first attempt to resolve the dispute through mediation facilitated by a mutually agreed mediator in {{city}}.
5.4. If mediation is unsuccessful, the dispute shall be submitted to arbitration in accordance with the rules of {{arbitration_body_e.g._AFSA}} in {{city}}.
6. ENTIRE AGREEMENT
This Agreement, together with its Schedules, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements, whether oral or written.
SIGNATURES
IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the Effective Date.
**FOR AND ON BEHALF OF {{service_provider_company_name}}**
_____________________________
Name: {{service_provider_signatory_name}}
Title: {{service_provider_signatory_title}}
**FOR AND ON BEHALF OF {{service_recipient_company_name}}**
_____________________________
Name: {{service_recipient_signatory_name}}
Title: {{service_recipient_signatory_title}}
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