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Fixed Fee Agreement
"I need a Fixed Fee Agreement for providing IT infrastructure services to a UAE-based healthcare provider, with strict data protection clauses and a total contract value of AED 500,000 to be delivered over 6 months starting January 2025."
1. Parties: Identification and details of the service provider and client, including full legal names, addresses, and registration details
2. Background: Context of the agreement and brief description of why the parties are entering into this arrangement
3. Definitions: Key terms used throughout the agreement and their specific meanings
4. Scope of Services: Detailed description of the services to be provided under the fixed fee arrangement
5. Fixed Fee and Payment Terms: Specification of the fixed fee amount, payment schedule, and payment methods
6. Duration and Timeline: Term of the agreement and key delivery dates or milestones
7. Obligations of Service Provider: Specific duties and responsibilities of the service provider
8. Obligations of Client: Specific duties and responsibilities of the client
9. Warranties and Representations: Statements of fact and promises made by both parties
10. Intellectual Property Rights: Ownership and rights related to any intellectual property created or used
11. Confidentiality: Protection of confidential information shared during the engagement
12. Termination: Conditions and process for ending the agreement
13. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
14. General Provisions: Standard legal provisions including notices, amendments, and severability
1. Force Majeure: Include when parties want specific provisions for unforeseeable circumstances preventing performance
2. Non-Compete: Include when the service provider should be restricted from working with competitors
3. Insurance: Include when specific insurance requirements need to be maintained
4. Data Protection: Include when personal data processing is involved in the services
5. Change Control: Include when the scope of services might need adjustment during the term
6. Subcontracting: Include when the service provider might need to subcontract certain services
7. Bank Guarantee: Include when additional financial security is required
8. Step-in Rights: Include for critical services where the client might need to take over
1. Schedule 1 - Detailed Scope of Services: Comprehensive breakdown of services to be provided
2. Schedule 2 - Fee Breakdown: Detailed breakdown of the fixed fee components and payment milestones
3. Schedule 3 - Service Levels: Specific performance metrics and standards for the services
4. Schedule 4 - Key Personnel: List of key team members and their roles (if applicable)
5. Schedule 5 - Required Documents: List of documents/deliverables to be provided
6. Appendix A - Form of Invoice: Template for invoices to ensure compliance with UAE VAT and other requirements
7. Appendix B - Change Request Form: Standard form for requesting and documenting changes to scope
8. Appendix C - Contact Details: Detailed contact information for key representatives of both parties
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Professional Services
Construction
Information Technology
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Financial Services
Management Consulting
Engineering
Architecture
Healthcare
Education
Real Estate
Marketing and Advertising
Business Services
Project Management
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Finance
Procurement
Commercial
Operations
Business Development
Sales
Compliance
Risk Management
Contract Administration
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Contract Manager
Commercial Director
Project Manager
Business Development Manager
Finance Manager
Operations Director
Procurement Manager
General Manager
Managing Director
CEO
CFO
Corporate Lawyer
Compliance Officer
Sales Director
Account Manager
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