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
2. Scope of Intercompany Transactions
Details on transactions: goods, services, intellectual property, and shared resources.
Any restrictions or limitations, if applicable.
3. Governing Law
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).
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]
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