A service contract is a legal agreement between a service provider and a client. It outlines the terms and conditions which will govern the relationship between the two parties, including the scope of the services to be provided, payment terms, and other important details.
The purpose of a service contract is to clearly define the rights and responsibilities of both parties. It helps to avoid misunderstandings and disputes and ensures that both parties are on the same page.
Here is an example of a service contract:
This agreement (the “Agreement”) dated ________________ is made between ABC Company (“Service Provider”) and XYZ Corporation (“Client”).
1. Services Provided
The Service Provider shall provide the following services to the Client:
– [List of services to be provided]
2. Payment
The Client shall pay the Service Provider the following fees for the services provided:
– [Fee schedule]
3. Term
This Agreement shall commence on ______________ and shall continue for a period of _________________.
4. Confidentiality
The Service Provider shall maintain confidentiality with respect to all information received from the Client during the course of providing services.
5. Liability
The Service Provider shall not be liable for any damages arising in connection with the services provided, except in cases of gross negligence or willful misconduct.
6. Termination
This Agreement may be terminated by either party upon written notice to the other party.
7. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of ________________.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
ABC COMPANY
___________________________
XYZ CORPORATION
___________________________
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