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Inter-Company Services Agreement

This Inter-Company Services Agreement template is used when one company provides services to an affiliated company. It formalizes the terms and conditions of such services to ensure clarity, proper allocation of costs, and compliance with internal and external regulations.

Updated 15d ago
inter-company agreementservices agreementintra-groupSMESouthern Africa

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Inter-Company Services Agreement

Inter-Company Services Agreement

{{company_name}}

{{company_address}}

Tel: {{phone}}

Email: {{email}}

Website: {{website}}

INTER-COMPANY SERVICES AGREEMENT

This INTER-COMPANY SERVICES AGREEMENT (“Agreement”) is made and entered into on this {{day}} day of {{month}}, {{year}} (the “Effective Date”),

BETWEEN:

{{company_name_provider}}, a company duly incorporated and existing under the laws of {{country_provider}}, with its registered office situated at {{address_provider}} (hereinafter referred to as “Service Provider”);

AND

{{company_name_recipient}}, a company duly incorporated and existing under the laws of {{country_recipient}}, with its registered office situated at {{address_recipient}} (hereinafter referred to as “Service Recipient”);

Service Provider and Service Recipient are hereinafter collectively referred to as the “Parties” and individually as a “Party”.

1. PURPOSE AND SCOPE OF SERVICES

1.1. The Service Provider shall provide the services as described in Schedule A hereto (the “Services”) to the Service Recipient.

1.2. The scope of the Services may be amended from time to time by mutual written agreement of the Parties.

1.3. The Service Provider shall perform the Services with reasonable skill and care, in a professional and workmanlike manner, and in accordance with generally accepted industry standards.

2. TERM AND TERMINATION

2.1. This Agreement shall commence on the Effective Date and shall continue in full force and effect until terminated by either Party in accordance with the provisions of this Agreement.

2.2. Either Party may terminate this Agreement by giving {{notice_period}} days' written notice to the other Party.

2.3. Either Party may terminate this Agreement immediately upon written notice if the other Party commits a material breach of this Agreement and fails to remedy such breach within {{cure_period}} days of receiving written notice thereof.

3. SERVICE FEES AND PAYMENT

3.1. In consideration for the Services provided by the Service Provider, the Service Recipient shall pay the Service Provider fees as set out in Schedule B hereto (the “Service Fees”).

3.2. The Service Recipient shall pay all invoices within {{payment_due_days}} days of the invoice date.

3.3. All Service Fees are exclusive of any applicable taxes, duties, or levies, which shall be borne by the Service Recipient.

4. CONFIDENTIALITY

4.1. Each Party acknowledges that it may have access to Confidential Information (as defined below) of the other Party.

4.2. “Confidential Information” means any non-public information, whether written or oral, disclosed by one Party to the other Party that is designated as confidential.

4.3. Each Party agrees to maintain the confidentiality of the other Party’s Confidential Information and not to disclose it to any third party without the prior written consent of the disclosing Party.

5. LIMITATION OF LIABILITY

5.1. Neither Party shall be liable to the other Party for any indirect, incidental, special, or consequential damages arising out of or in connection with this Agreement.

5.2. The total liability of the Service Provider to the Service Recipient for any and all claims arising out of or in connection with this Agreement shall not exceed the total Service Fees paid by the Service Recipient to the Service Provider during the {{liability_period}} months preceding the event giving rise to the claim.

6. GOVERNING LAW AND DISPUTE RESOLUTION

6.1. This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_country}}.

6.2. Any dispute arising out of or in connection with this Agreement shall first be resolved through good faith negotiations between the Parties.

6.3. If the Parties are unable to resolve the dispute through negotiations within {{negotiation_period}} days, the dispute shall be submitted to arbitration in {{arbitration_city}}, in accordance with the rules of the {{arbitration_institution}}.

7. ENTIRE AGREEMENT

7.1. This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, and representations, whether written or oral.

8. NOTICES

8.1. Any notice or other communication required or permitted under this Agreement shall be in writing and shall be deemed to have been duly given upon actual receipt, if delivered personally, sent by reputable courier service, or sent by email to the addresses specified below:

To Service Provider:

Attention: {{service_provider_contact_person}}

Email: {{service_provider_email}}

To Service Recipient:

Attention: {{service_recipient_contact_person}}

Email: {{service_recipient_email}}

IN WITNESS WHEREOF

The Parties hereto have executed this Agreement as of the Effective Date first above written.

FOR SERVICE PROVIDER:

____________________________

Name: {{provider_signatory_name}}

Title: {{provider_signatory_title}}

Date: ____________________________

FOR SERVICE RECIPIENT:

____________________________

Name: {{recipient_signatory_name}}

Title: {{recipient_signatory_title}}

Date: ____________________________

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