Free Master Intercompany Agreement Design Template
Master Intercompany Agreement Design
(Title of the Agreement)
Parties
-
[Your Company Name]
[Company Address]
[City, State, Zip Code] -
[Other Company Name]
[Other Company Address]
[City, State, Zip Code]
1. Agreement Purpose
-
Brief overview of the purpose of the agreement
-
Intercompany relationships overview
2. Scope of Intercompany Transactions
-
Details on transactions: goods, services, intellectual property, and shared resources.
-
Any restrictions or limitations, if applicable.
3. Governing Law
-
Specify the state/country that will govern the agreement (e.g., "The laws of the [State] shall govern this Agreement").
4. Intercompany Billing & Payment Terms
-
Billing frequency (e.g., monthly, quarterly)
-
Payment terms (e.g., 30 days after invoice)
-
Payment methods (e.g., wire transfer, check)
-
Currency (e.g., USD)
5. Confidentiality
-
Define confidential information like trade secrets, financial data, and proprietary info.
-
Outline each party's responsibility to protect the information and any exceptions.
6. Duration and Termination
-
Effective date of the agreement ([Date])
-
Duration (e.g., indefinite, or a set number of years)
-
Termination conditions (e.g., notice period, breach).
7. Indemnity
-
Details on mutual protection against potential damages or losses.
-
Specify liabilities, exclusions, and limitations.
8. Dispute Resolution
-
Methods for resolving disputes (e.g., informal negotiation, mediation, arbitration).
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Location where disputes will be resolved (e.g., [State]).
-
Jurisdiction if litigation occurs.
9. Signatories
-
Signature section for both parties to sign.
-
Include name, job title, and date for each signatory.
For [Your Company Name]:
Signature
Name: [Your Name]
Job Title: [Your Job Title]
Date: [Date]
For [Other Company Name]:
Signature
Name: [Other Signatory Name]
Job Title: [Other Job Title]
Date: [Date]