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Outsourcing Agreement
"I need an Outsourcing Agreement for an IT services provider to manage our company's entire technology infrastructure and cloud services, including handling sensitive customer data, with service commencement planned for March 2025."
1. Parties: Identification of contracting parties with full legal names and addresses
2. Background: Context of the agreement, business rationale, and relationship between the parties
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Services: Overview of services to be provided, with detailed specifications in schedules
5. Service Levels: Key performance indicators, measurement methods, and remedies for failure
6. Charges and Payment: Pricing structure, payment terms, invoicing procedures, and price adjustment mechanisms
7. Personnel and Resources: Requirements for staff, qualifications, and key personnel provisions
8. Governance and Change Management: Contract management structure, reporting requirements, and change control procedures
9. Data Protection and Security: GDPR compliance, data processing terms, and security requirements
10. Intellectual Property Rights: Ownership and licensing of IP, including pre-existing and newly created IP
11. Confidentiality: Protection of confidential information and trade secrets
12. Liability and Indemnities: Allocation of risks, limitation of liability, and indemnification obligations
13. Force Majeure: Provisions for handling events beyond parties' reasonable control
14. Term and Termination: Duration, renewal options, and termination rights
15. Exit Management: Transition assistance and knowledge transfer upon termination
16. General Provisions: Standard boilerplate clauses including notices, assignment, and governing law
1. Regulatory Compliance: Required for regulated industries (e.g., financial services, healthcare) to address specific regulatory requirements
2. Business Continuity and Disaster Recovery: Required for critical services or when handling sensitive data
3. Environmental Requirements: Include when environmental impact is relevant to services
4. Social Responsibility and Ethics: Include when corporate social responsibility is a key concern
5. Information Security Management: Detailed section required when handling sensitive information or for IT services
6. Subcontracting: Include when supplier likely to use subcontractors
7. Insurance: Detailed insurance requirements for high-risk services
8. Parent Company Guarantee: Include when supplier's financial strength is crucial
9. Anti-Bribery and Corruption: Required for international services or high-risk jurisdictions
10. Export Control: Include when services involve international data or goods transfer
1. Schedule 1 - Service Descriptions: Detailed technical and operational specifications of services
2. Schedule 2 - Service Levels and KPIs: Detailed performance metrics, measurement methods, and service credits
3. Schedule 3 - Charges: Detailed pricing, rate cards, and payment calculations
4. Schedule 4 - Personnel: Key personnel, required qualifications, and transfer arrangements
5. Schedule 5 - Governance: Detailed governance procedures, escalation paths, and reporting requirements
6. Schedule 6 - Security Requirements: Technical and organizational security measures
7. Schedule 7 - Data Processing Agreement: GDPR-compliant data processing terms and requirements
8. Schedule 8 - Exit Plan: Detailed exit management and transition procedures
9. Schedule 9 - Form of Parent Company Guarantee: Standard form guarantee document
10. Schedule 10 - Approved Subcontractors: List of pre-approved subcontractors and their roles
11. Appendix A - Technical Requirements: Detailed technical specifications and requirements
12. Appendix B - Change Control Procedure: Detailed process for managing changes to services or agreement
Authors
Information Technology
Financial Services
Manufacturing
Healthcare
Telecommunications
Professional Services
Retail
Energy
Transportation
Logistics
Real Estate
Education
Legal
Procurement
Operations
Information Technology
Finance
Risk & Compliance
Human Resources
Commercial
Strategy
Project Management Office
Vendor Management
Service Delivery
Chief Executive Officer
Chief Operating Officer
Chief Financial Officer
Chief Information Officer
Chief Technology Officer
Head of Procurement
Head of Legal
General Counsel
Commercial Director
Operations Director
IT Director
Procurement Manager
Contract Manager
Legal Counsel
Risk Manager
Compliance Officer
Project Manager
Vendor Manager
Operations Manager
Service Delivery Manager
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