Finance Payroll Services Contract
Finance Payroll Services Contract
This Agreement is made on this [Insert Day] day of [Insert Month] , [Year] (the "Effective Date"), by and between, [Your Company Name], a company incorporated under the laws of the [Insert Country Name], having its principal place of business at [Placeholder for Client's Address] (hereinafter referred to as the "Client"), and [Service Provider's Name], a company incorporated under the laws of the [Insert Country Name], having its principal place of business at [Placeholder for Provider's Address] (hereinafter referred to as the "Provider").
1. SERVICES
The Provider agrees to perform payroll services, which include, but are not limited to the following:
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Calculation of employee wages, deductions, and net pay
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Processing of direct deposits and paycheck issuance
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Compliance with tax withholding, reporting, and remittance obligations
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Year-end reporting and W-2 distribution
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Maintenance of payroll records
2. PAYMENT
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The Client agrees to pay the Provider a fee of [Amount] per [time period/number of payrolls].
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Payment shall be due within [number of days] days of invoice receipt.
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Late payments may incur additional charges.
3. TERM AND TERMINATION
The term of this Agreement will be from the Effective Date until terminated. Either party may terminate this Agreement with 30 days prior written notice for any reason.
4. CONFIDENTIALITY
The Provider agrees to maintain the confidentiality of all Client information and records and to use such information solely for the purpose of providing the services outlined in this Contract.
5. INDEMNITY
The Provider will indemnify and hold the Client harmless from any claims, losses, or damages arising out of the Provider's performance or non-performance of the Services.
6. GOVERNING LAW AND VENUE
This Agreement shall be governed by the laws of the [Insert Country Name] and the parties agree to submit to the exclusive jurisdiction of the [Insert Country's Courts].
7. NOTICES
All notices, requests, and other communication shall be in writing, and sent to the addresses set forth in this agreement.
IN WITNESS WHEREOF, the parties have executed this Agreement by their duly authorized representatives as of the Effective Date.
CLIENT:
[Your Company Name] _________________________ Name:
Title:
PROVIDER:
[Service Provider's Name] _________________________ Name:
Title:
