Customizable Intercompany Agreement Layout
This Intercompany Agreement (“Agreement”) is entered into as of [Date], by and between:
[Your Company Name], a corporation organized under the laws of the State of [State], with its principal office located at [Your Company Address] (“Party A”); and
[Other Party Name], a corporation organized under the laws of the State of [State], with its principal office located at [Other Party Address] (“Party B”).
Both entities are collectively referred to as the “Parties” and individually as a “Party.”
1. Purpose of the Agreement
This Agreement establishes the terms and conditions governing the mutual obligations, resource sharing, and services provided between the Parties in the conduct of their intercompany operations.
2. Scope of Services
2.1 Responsibilities of Party A
Party A agrees to:
[Insert Responsibility 1].
[Insert Responsibility 2].
2.2 Responsibilities of Party B
Party B agrees to:
[Insert Responsibility 1].
[Insert Responsibility 2].
3. Financial Arrangements
The Parties agree on the following financial terms:
4. Confidentiality
Both Parties agree to maintain strict confidentiality of proprietary information shared under this Agreement, except as required by law.
5. Term and Termination
5.1 Term
This Agreement shall remain in effect from [Start Date] until [End Date], unless terminated earlier by mutual agreement or pursuant to this Section.
5.2 Termination
Either Party may terminate this Agreement by providing [Number] days’ written notice to the other Party.
6. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [State], regardless of the location of either Party.
7. Dispute Resolution
The Parties agree to resolve any disputes arising from this Agreement through good-faith negotiations. If unresolved, disputes shall be submitted to mediation or binding arbitration in the State of [State].
8. General Provisions
8.1 Entire Agreement: This Agreement constitutes the entire understanding between the Parties.
8.2 Amendments: Any amendments to this Agreement must be in writing and signed by both Parties.
8.3 Notices: Notices under this Agreement must be delivered to the addresses specified above.
9. Signatures
For [Your Company Name]:
Signature: ___________________________
Name: [Your Name]
Job Title: [Your Job Title]
Date: _______________________________
For [Other Party Name]:
Signature: ___________________________
Name: [Other Party Representative Name]
Job Title: [Other Party Job Title]
Date: _______________________________
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