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Master Intercompany Agreement

Master Intercompany Agreement Template for Australia

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Key Requirements PROMPT example:

Master Intercompany Agreement

"Need a Master Intercompany Agreement for an Australian mining group with five operating subsidiaries, including specific provisions for shared equipment, HSEC compliance, and transfer pricing arrangements, to be implemented by March 2025."

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Document background
The Master Intercompany Agreement serves as the primary legal framework governing relationships between affiliated entities within a corporate group operating in Australia. This document is essential when a group of companies needs to establish clear protocols for sharing services, resources, intellectual property, and personnel among its members. It ensures compliance with Australian regulatory requirements, including the Corporations Act 2001, competition law, and transfer pricing regulations. The agreement typically includes comprehensive provisions for service delivery, pricing mechanisms, governance structures, and risk allocation, with flexible schedules that can be updated to reflect changing business needs. This Master Intercompany Agreement is particularly crucial for groups with multiple operating entities or those planning to expand their corporate structure.
Suggested Sections

1. Parties: Identification of the group entities entering into the agreement

2. Background: Context of the group structure and purpose of the intercompany arrangement

3. Definitions: Defined terms used throughout the agreement including group-specific terminology

4. Scope of Agreement: Overview of services and arrangements covered by the agreement

5. Term and Termination: Duration of the agreement and termination provisions

6. Service Provision Framework: General principles governing how services will be provided between group entities

7. Pricing and Payment Terms: General principles for determining service fees and payment processes

8. Intellectual Property Rights: Management and ownership of IP within the group

9. Confidentiality: Protection of group confidential information

10. Data Protection: Framework for handling personal and corporate data

11. Governance: Decision-making processes and oversight mechanisms

12. Dispute Resolution: Process for resolving intercompany disputes

13. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law

Optional Sections

1. Employment and Secondment: Include when staff sharing or secondment between group entities is contemplated

2. Shared Services: Include for centralized service provision arrangements

3. Research and Development: Include when R&D activities are shared between entities

4. Tax Cooperation: Include detailed tax provisions when significant cross-border transactions are involved

5. Competition Compliance: Include specific competition law compliance provisions for highly regulated industries

6. Crisis Management: Include for groups requiring coordinated response to emergencies or critical incidents

7. Environmental Compliance: Include for groups with significant environmental obligations or risks

8. Insurance: Include detailed insurance provisions when group-wide policies are maintained

Suggested Schedules

1. Schedule 1 - Service Specifications: Detailed description of specific services provided between group entities

2. Schedule 2 - Service Levels: Performance standards and KPIs for service delivery

3. Schedule 3 - Pricing Schedule: Detailed pricing mechanisms and rates for different services

4. Schedule 4 - Allocated Resources: Details of shared resources, facilities, and personnel

5. Schedule 5 - Contact Details: Key contacts and notice details for each group entity

6. Appendix A - Group Structure Chart: Current corporate structure showing relationships between parties

7. Appendix B - Governance Procedures: Detailed procedures for governance and oversight

8. Appendix C - Standard Operating Procedures: Operational procedures and processes for service delivery

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions


















































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Relevant Industries

Financial Services

Manufacturing

Technology

Healthcare

Mining and Resources

Professional Services

Retail and Consumer Goods

Energy and Utilities

Transportation and Logistics

Real Estate and Property

Telecommunications

Agriculture

Relevant Teams

Legal

Finance

Tax

Treasury

Corporate Secretariat

Compliance

Risk Management

Operations

Corporate Development

Shared Services

Internal Audit

Strategy

Relevant Roles

Chief Executive Officer

Chief Financial Officer

General Counsel

Head of Legal

Corporate Secretary

Tax Director

Finance Director

Commercial Director

Operations Director

Chief Operating Officer

Head of Compliance

Group Financial Controller

Treasury Manager

Risk Manager

Corporate Development Manager

Head of Shared Services

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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