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IT Master Services Agreement
"I need an IT Master Services Agreement for a German software development company providing cloud-based services to financial institutions, with specific emphasis on GDPR compliance and data security measures."
1. Parties: Identification and details of the contracting parties
2. Background: Context of the agreement and general business relationship
3. Definitions: Defined terms used throughout the agreement
4. Services Scope: Overview of IT services covered by the agreement
5. Service Provider Obligations: Core obligations and responsibilities of the service provider
6. Customer Obligations: Core obligations and responsibilities of the customer
7. Data Protection and Security: GDPR and German data protection law compliance requirements
8. Intellectual Property Rights: IP ownership, licenses, and usage rights
9. Charges and Payment: Pricing, payment terms, and invoicing procedures
10. Term and Termination: Duration, renewal, and termination provisions
11. Liability and Indemnification: Risk allocation and limitation of liability under German law
12. Confidentiality: Protection of confidential information
13. Force Majeure: Provisions for unforeseeable circumstances
14. Governing Law and Jurisdiction: German law application and dispute resolution
1. Personnel and Subcontractors: Used when service provider needs to regulate use of subcontractors or specific personnel requirements
2. Change Control: Include when services are likely to require formal change management
3. Audit Rights: Important for regulated industries or when handling sensitive data
4. Business Continuity: Required for critical services or when customer has specific resilience requirements
5. Export Control: Necessary when services involve international data transfers or technology exports
6. Anti-Corruption: Important for international services or public sector contracts
7. Insurance: Include when specific insurance coverage needs to be mandated
8. Source Code Escrow: Required when custom software development is involved
9. Transition and Exit: Important for complex services requiring detailed exit planning
1. Service Description: Detailed technical and functional description of each service
2. Service Levels: Performance metrics, measurement, and service credits
3. Charges: Detailed pricing, rate cards, and payment mechanisms
4. Data Processing Agreement: GDPR-compliant data processing terms and details
5. Security Requirements: Detailed security standards and procedures
6. Business Continuity Plan: Disaster recovery and business continuity procedures
7. Change Control Procedure: Detailed process for managing changes to services
8. Form of Work Order: Template for ordering specific services under the MSA
9. Key Personnel: Details of key staff and roles
10. Technical Requirements: Customer system requirements and technical specifications
Authors
Information Technology
Financial Services
Healthcare
Manufacturing
Retail
Telecommunications
Professional Services
Public Sector
Education
Energy
Transportation
Insurance
Media and Entertainment
Legal
Information Technology
Procurement
Compliance
Risk Management
Information Security
Operations
Commercial
Service Delivery
Account Management
Project Management
Data Protection
Chief Information Officer
IT Director
Chief Technology Officer
Procurement Manager
Legal Counsel
Data Protection Officer
IT Service Manager
Contract Manager
Chief Information Security Officer
Technical Account Manager
Service Delivery Manager
Risk Manager
Compliance Officer
IT Operations Manager
Project Manager
Commercial Manager
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