Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
Agreement Overview
This INTER-COMPANY SERVICES AGREEMENT (hereinafter referred to as the 'Agreement') is made effective as of {{effective_date}} (the 'Effective Date') BETWEEN:
1. {{service_provider_company_name}}, a company duly incorporated and existing under the laws of {{service_provider_jurisdiction}}, with its registered office at {{service_provider_address}} (hereinafter referred to as the 'Service Provider'); AND
2. {{service_recipient_company_name}}, a company duly incorporated and existing under the laws of {{service_recipient_jurisdiction}}, with its registered office 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'.
Recitals
WHEREAS, the Service Provider possesses expertise and resources to provide certain services to the Service Recipient;
WHEREAS, the Service Recipient desires to receive such services from the Service Provider; and
WHEREAS, the Parties are related entities and wish to formalize the provision of these services under terms consistent with an arm's length principle.
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the Parties agree as follows:
Scope of Services
The Service Provider agrees to provide the following services to the Service Recipient (the 'Services'):
- **{{service_type_1}}**: {{description_of_service_1}}
- **{{service_type_2}}**: {{description_of_service_2}}
- **{{service_type_3}}**: {{description_of_service_3}}
Detailed descriptions of the Services, including any specifications, deliverables, and service levels, are set forth in Schedule A, which is attached hereto and incorporated by reference. The Parties may amend Schedule A from time to time by mutual written agreement.
Service Fees and Payment Terms
1. **Service Fees**: In consideration for the Services provided by the Service Provider, the Service Recipient shall pay the Service Provider fees as detailed in Schedule B, attached hereto and incorporated by reference. The fees shall be calculated using the {{pricing_methodology}} method (e.g., cost-plus, comparable uncontrolled price, transactional net margin).
2. **Invoicing**: The Service Provider shall issue invoices to the Service Recipient on a {{invoicing_frequency}} basis (e.g., monthly, quarterly) for the Services rendered during the preceding period. Each invoice shall include a detailed breakdown of the Services, the applicable fees, and any reimbursable expenses.
3. **Payment Due Date**: All invoices shall be due and payable within {{payment_terms_days}} days from the date of the invoice.
4. **Currency**: All payments hereunder shall be made in {{currency}}.
5. **Taxes**: All fees are exclusive of any sales, use, excise, value-added, withholding, or other similar taxes, duties, or levies, whether domestic or foreign, now or hereafter imposed. Such taxes, if applicable, shall be borne by the Service Recipient in addition to the service fees.
Term and Termination
1. **Term**: This Agreement shall commence on the Effective Date and shall continue in full force and effect for an initial period of {{initial_term_years}} year(s) (the 'Initial Term'), unless terminated earlier in accordance with the provisions of this Agreement. Thereafter, this Agreement shall automatically renew for successive periods of {{renewal_term_years}} year(s) (each a 'Renewal Term') unless either Party provides written notice of non-renewal to the other Party at least {{notice_period_days}} days prior to the end of the then-current term.
2. **Termination for Convenience**: Either Party may terminate this Agreement for convenience by providing {{notice_period_convenience_days}} days' written notice to the other Party.
3. **Termination for Cause**: Either Party may terminate this Agreement with immediate effect by giving written notice to the other Party if:
a. The other Party commits a material breach of any of its obligations under this Agreement and fails to remedy such breach within {{cure_period_days}} days after receiving written notice thereof;
b. The other Party becomes insolvent, makes any assignment for the benefit of creditors, or ceases to carry on business of a substantial part of its undertakings.
Confidentiality
Both Parties acknowledge that during the course of performing their obligations under this Agreement, they may obtain access to confidential information of the other Party. Each Party agrees to keep all such confidential information strictly confidential and not to disclose it to any third party without the prior written consent of the disclosing Party.
Governing Law and Dispute Resolution
1. **Governing Law**: This Agreement shall be governed by and construed in accordance with the laws of {{governing_country}}, without regard to its conflict of laws principles.
2. **Dispute Resolution**: Any dispute, controversy, or claim arising out of or relating to this Agreement, or the breach, termination, or invalidity thereof, shall be resolved through {{dispute_resolution_method}} (e.g., amicable negotiation, mediation, arbitration). If arbitration is chosen, it shall be conducted in accordance with the rules of {{arbitration_institution}} in {{arbitration_city}}, {{arbitration_country}}.
Miscellaneous
1. **Entire Agreement**: This Agreement, including its Schedules, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether written or oral.
2. **Amendments**: No amendment or modification of this Agreement shall be valid unless in writing and signed by duly authorized representatives of both Parties.
3. **Notices**: All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given when delivered personally, sent by certified mail, or by email to the addresses specified in the Agreement Overview or such other address as a Party may designate by written notice to the other Party.
4. **Severability**: If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
5. **Assignment**: Neither Party may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of the other Party.
Signature Block
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date first above written.
**FOR THE SERVICE PROVIDER**
____________________________
By: {{provider_authorised_signatory}}
Title: {{provider_signatory_title}}
Date: {{provider_signature_date}}
**FOR THE SERVICE RECIPIENT**
____________________________
By: {{recipient_authorised_signatory}}
Title: {{recipient_signatory_title}}
Date: {{recipient_signature_date}}
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