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Agreement Between Trust And Company Template for India

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Key Requirements PROMPT example:

Agreement Between Trust And Company

"I need an Agreement Between Trust And Company for a charitable trust engaging a technology company to manage our digital infrastructure and donor management systems, with specific provisions for data protection and beneficiary privacy, to be effective from March 2025."

Document background
The Agreement Between Trust And Company is a crucial document used when establishing formal business relationships between trusts and corporate entities in India. It is particularly relevant when trusts engage in commercial arrangements, asset management, service procurement, or collaborative ventures with companies. The document must comply with Indian trust law, corporate law, and contract law, specifically addressing requirements under the Indian Trusts Act, 1882 and Companies Act, 2013. This agreement type is essential for protecting beneficiary interests while enabling trusts to engage in commercial relationships, covering aspects such as scope of engagement, financial arrangements, compliance requirements, and risk management measures. It's commonly used in scenarios involving family trusts, charitable trusts, or religious trusts entering into business arrangements with corporate entities.
Suggested Sections

1. Parties: Identification and details of the Trust and Company, including registration numbers and addresses

2. Background: Context of the agreement, relationship between parties, and purpose of the arrangement

3. Definitions: Defined terms used throughout the agreement

4. Scope of Agreement: Clear outline of the arrangement's scope and primary objectives

5. Trust Representations: Trust's declarations regarding its legal status, authority, and capacity

6. Company Representations: Company's declarations regarding its legal status, authority, and capacity

7. Rights and Obligations: Detailed responsibilities and rights of both parties

8. Financial Terms: Payment terms, consideration, or financial arrangements between parties

9. Term and Termination: Duration of agreement and circumstances for termination

10. Confidentiality: Protection of confidential information shared between parties

11. Dispute Resolution: Process for resolving disputes between parties

12. Governing Law: Specification of Indian law as governing law and jurisdiction

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

14. Execution: Signature blocks for authorized representatives of both parties

Optional Sections

1. Intellectual Property Rights: Required when the agreement involves sharing or creation of IP

2. Assignment and Delegation: Include when transfer of rights needs to be specifically restricted or permitted

3. Compliance with Laws: Required when specific regulatory compliance needs emphasis

4. Force Majeure: Include when long-term obligations need protection against unforeseen events

5. Insurance: Required when specific insurance coverage needs to be maintained

6. Indemnification: Include when specific indemnity obligations need to be detailed

7. Anti-Corruption: Required for agreements involving government interaction or public funds

Suggested Schedules

1. Schedule 1 - Trust Details: Details of trust deed, trustees, and beneficiaries

2. Schedule 2 - Company Details: Corporate information including directors and shareholding

3. Schedule 3 - Services/Scope: Detailed description of services or arrangement scope

4. Schedule 4 - Fee Structure: Detailed breakdown of fees, payments, or financial arrangements

5. Schedule 5 - Special Terms: Any special conditions or requirements

6. Appendix A - Required Documents: List of documents to be maintained or exchanged

7. Appendix B - Compliance Requirements: Specific regulatory or compliance requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions


































Clauses



































Relevant Industries

Financial Services

Real Estate

Healthcare

Education

Charitable Organizations

Asset Management

Family Offices

Infrastructure

Religious Institutions

Social Services

Relevant Teams

Legal

Compliance

Finance

Corporate Secretarial

Risk Management

Operations

Business Development

Trust Administration

Corporate Governance

Asset Management

Relevant Roles

Legal Counsel

Trust Administrator

Company Secretary

Compliance Officer

Chief Financial Officer

Risk Manager

Corporate Lawyer

Trust Manager

Business Development Manager

Operations Director

Trustee

Managing Director

Chief Executive Officer

Finance Director

Corporate Governance Officer

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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