Account Service Contract
Account Service Contract
This Account Service Contract (“Contract”) is entered into between [Your Company Name], with its principal place of business at [Your Company Address], (“the Provider”), and [Your Partner Company Name], with its principal place of business at [Your Partner Company Address], ("the Client"). This Agreement is effective as of [Month Day, Year] (“Effective Date”).
1. SERVICES
The Provider shall deliver account service solutions, including expert consultation and ongoing support services, tailored to the specific needs of the Client. These services shall encompass all aspects of account management and advisory functions necessary for the Client's operations.
2. TERMS OF AGREEMENT
This Contract shall take effect from the stipulated Effective Date and shall remain in force until [Month Day, Year], subject to earlier termination in accordance with the termination clauses herein detailed.
3. COMPENSATION, INVOICING, AND PAYMENT
In consideration of the services rendered, the Client shall compensate the Provider in accordance with the fee structure detailed in this contract. The Provider will issue monthly invoices, with each payment installment being due on [Month Day, Year], ensuring timely and organized financial transactions.
4. CONFIDENTIALITY
Both parties commit to maintaining the utmost confidentiality regarding any proprietary or sensitive information exchanged in the course of service provision. This obligation covers all forms of data and communication, safeguarding the integrity and confidentiality of each party’s information.
5. TERMINATION
Either party may terminate this Contract upon notice in writing if the other party breaches its obligations under this Contract, and such breach remains uncured after one (1) year following such notice.
6. LIABILITY & INDEMNITY
Each party acknowledges its responsibility for any actions or omissions under this Agreement and agrees to indemnify and hold the other party harmless from any resultant damages, losses, costs, or expenses incurred. This clause delineates the framework for liability and indemnification between the parties.
7. DISPUTE RESOLUTION
In case of any dispute, the parties will first attempt to resolve it through negotiation. If a resolution is not reached, the dispute shall be subject to arbitration in accordance with laws of [Jurisdiction/State].
8. FORCE MAJEURE
No party shall bear liability for non-performance of contractual obligations if such failure is due to unforeseeable events beyond reasonable control, such as natural disasters, war, or terrorism. This clause provides a safeguard against penalties for non-fulfillment under such extraordinary circumstances.
ENTIRE AGREEMENT
This Contract constitutes the entire agreement between the parties and supersedes all prior agreements or understandings, whether written or oral.
IN WITNESS WHEREOF, the parties hereto have executed this Contract by their duly authorized representatives as of the Effective Date.
[Your Company Name]:
[Your Name]
[Job Title]
[Month Day, Year]
[Your Partner Company Name]:
[Name]
[Job Title]
[Month Day, Year]
