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Managed Services Contract
"Need a Managed Services Contract for outsourcing our IT infrastructure management to a Singapore-based provider, including 24/7 support services and strict data protection requirements for handling sensitive financial data."
1. Parties: Identification and details of the service provider and customer
2. Background: Context of the agreement and high-level purpose of the managed services
3. Definitions: Key terms used throughout the agreement including technical and legal definitions
4. Services: Detailed description of services to be provided, service scope and delivery methodology
5. Service Levels: Performance standards, metrics, and measurement methodology
6. Charges and Payment: Pricing structure, payment terms, invoicing procedures and payment disputes
7. Term and Termination: Contract duration, renewal terms, termination rights and consequences
8. Data Protection: PDPA compliance requirements, data handling obligations and security measures
9. Confidentiality: Protection of confidential information, permitted disclosures and survival terms
10. Liability and Indemnities: Allocation of risks, liability limitations and indemnification obligations
1. Staff Transfer: Terms governing the transfer of employees, employment rights and obligations
2. Asset Transfer: Provisions for transfer of physical or digital assets, including ownership and maintenance
3. Business Continuity: Disaster recovery procedures and business continuity requirements
4. Security Requirements: Specific security protocols, compliance standards and breach notification procedures
1. Service Description Schedule: Detailed technical specifications and scope of services to be provided
2. Service Level Agreement: Detailed performance metrics, measurement methodology and service credits
3. Pricing Schedule: Detailed pricing breakdown, rate cards and payment terms
4. Data Processing Agreement: Detailed data protection obligations and compliance requirements under PDPA
5. Business Continuity Plan: Detailed procedures for ensuring service continuity in various scenarios
6. Exit Plan: Detailed transition arrangements and knowledge transfer at contract end
7. Key Personnel Schedule: List of key staff members, their roles and replacement procedures
8. Security Requirements Schedule: Detailed security protocols, standards and compliance requirements
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