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Simple Cost Sharing Agreement Template
"I need a Simple Cost Sharing Agreement Template for three technology companies sharing office space and IT infrastructure in Sydney, with an emphasis on quarterly reconciliation of expenses and clear provisions for adding or removing parties."
1. Parties: Identifies and provides details of all parties entering into the cost sharing agreement
2. Background: Explains the context and purpose of the agreement, including the shared resource or service being addressed
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Cost Sharing Principles: Establishes the basic principles and methodology for sharing costs between parties
5. Payment Terms: Details the timing, method, and process for payments, including invoicing procedures
6. Record Keeping and Accounting: Specifies requirements for maintaining financial records and conducting reconciliations
7. Governance: Outlines decision-making processes and management of the cost-sharing arrangement
8. Term and Termination: Specifies the duration of the agreement and circumstances for termination
9. Dispute Resolution: Sets out the process for resolving disagreements between parties
10. General Provisions: Standard legal provisions including notices, assignment, and governing law
1. Intellectual Property: Required when the shared costs involve development or use of intellectual property
2. Confidentiality: Needed when parties will share sensitive business or technical information
3. Insurance Requirements: Include when shared activities require specific insurance coverage
4. Change Management: Required for agreements where cost bases or allocation methods may need future adjustment
5. Audit Rights: Include when parties want the right to audit cost calculations and records
6. Force Majeure: Include when external events could impact the cost-sharing arrangement
7. GST and Tax Provisions: Required when cost sharing has specific tax implications or GST considerations
1. Schedule 1 - Cost Allocation Methodology: Detailed explanation of how costs will be calculated and allocated between parties
2. Schedule 2 - Shared Resources or Services: Itemized list of resources or services subject to cost sharing
3. Schedule 3 - Payment Schedule: Detailed timeline and breakdown of payment obligations
4. Schedule 4 - Governance Procedures: Detailed procedures for management meetings, reporting, and decision-making
5. Appendix A - Cost Categories: Detailed breakdown of different types of costs and their treatment
6. Appendix B - Calculation Examples: Examples showing how cost allocations will work in practice
Authors
Professional Services
Real Estate
Technology
Manufacturing
Healthcare
Education
Research and Development
Mining and Resources
Financial Services
Retail
Logistics and Transportation
Telecommunications
Shared Services
Non-profit Organizations
Legal
Finance
Operations
Procurement
Facilities Management
Risk and Compliance
Commercial
Project Management
Business Development
Administrative Services
Chief Financial Officer
Finance Manager
Legal Counsel
Operations Manager
Project Manager
Facilities Manager
Business Development Manager
Contract Administrator
Commercial Manager
Risk Manager
Procurement Manager
Joint Venture Manager
Financial Controller
Company Secretary
Find the exact document you need
Simple Cost Sharing Agreement
An Australian-compliant template for establishing cost-sharing arrangements between multiple parties, suitable for various business contexts.
Cost Allocation Agreement
An Australian law-governed agreement establishing the framework and methodology for allocating costs between multiple entities within a corporate structure or business relationship.
Tax Sharing Agreement
An Australian Tax Sharing Agreement template for allocating tax liabilities within corporate groups under Australian tax consolidation rules.
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