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Risk Management Agreement
"I need a Risk Management Agreement for my fintech startup based in Singapore, focusing on cybersecurity risk management services to be provided by an external consultant, with the agreement starting from March 2025 and including specific provisions for data protection and regulatory compliance."
1. Parties: Identification of contracting parties and their legal status
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of risk management services to be provided
5. Service Provider Obligations: Key responsibilities and duties of the risk management service provider
6. Client Obligations: Responsibilities and duties of the client
7. Fees and Payment: Financial terms and payment conditions
8. Confidentiality: Protection of sensitive information
9. Term and Termination: Duration and conditions for ending the agreement
10. Governing Law: Specification of Singapore law as governing law
1. Data Protection: PDPA compliance provisions for handling personal data
2. Regulatory Compliance: Industry-specific compliance requirements for regulated sectors
3. Insurance: Insurance requirements and coverage specifications
4. Business Continuity: Business continuity and disaster recovery provisions for critical services
1. Schedule 1 - Service Level Agreement: Detailed service levels and performance metrics
2. Schedule 2 - Fee Schedule: Detailed breakdown of fees and charges
3. Schedule 3 - Risk Assessment Framework: Methodology and approach for risk assessment
4. Schedule 4 - Reporting Templates: Standard formats for risk reporting
5. Schedule 5 - Contact Details: Key personnel and escalation contacts
6. Schedule 6 - Compliance Requirements: Detailed regulatory requirements and standards
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