Subscription Contract
Subscription Contract
This Subscription Contract ("Contract") is entered into on [Date], by and between [YOUR NAME], with its principal place of business at [YOUR COMPANY ADDRESS] ("Provider"), and [SUBSCRIBER'S NAME], with its principal place of business at [SUBSCRIBER'S ADDRESS] ("Subscriber"). Provider and Subscriber may be collectively referred to herein as the "Parties."
1. Parties Involved
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Provider:
[YOUR NAME]
[YOUR COMPANY ADDRESS]
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Subscriber:
[SUBSCRIBER'S NAME]
[SUBSCRIBER'S ADDRESS]
2. Definitions and Interpretations
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Subscription Services: Refers to the services provided by the Provider to the Subscriber under this Contract.
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Subscription Fee: The amount payable by the Subscriber to the Provider for the Subscription Services, as detailed in Section 4 (Payment).
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Term: The duration of the subscription period as outlined in Section 5 (Term and Termination).
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Confidential Information: Any proprietary or sensitive information disclosed by one Party to the other in connection with this Contract.
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Breach: Any violation of the terms and conditions of this Contract by either Party.
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Governing Law: The jurisdiction whose laws govern the interpretation and enforcement of this Contract, as specified in Section 10 (Governing Law).
3. Subscription Services
Provider agrees to provide the following Subscription Services to Subscriber:
3.1. Description of Subscription Services:
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Access to project management software for task tracking, collaboration, and reporting.
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Technical support via email during business hours.
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Regular software updates.
3.2. Limitations or Restrictions:
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Limited to [Number of Users/Seats] concurrent users.
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No sublicense, resale, or redistribution without prior consent.
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Possible downtime for maintenance.
3.3. Service Level Agreements (SLAs):
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Target availability: 99.9% uptime.
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Service credits for outages exceeding [X] hours.
4. Payment
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In consideration of the Subscription Services provided by the Provider, the Subscriber shall remit the Subscription Fee as delineated in the pricing schedule appended herein.
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Payment shall be rendered on a [MONTHLY/QUARTERLY/ANNUAL] basis in advance, unless alternative terms have been mutually ratified by the Parties in written agreement.
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Any delinquent payments shall incur interest at the rate of [X%] per annum from the stipulated due date until the total sum is settled.
5. Term and Termination
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The Term of this Contract shall commence on the Effective Date and shall continue for an initial period of [Duration].
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This Contract may be terminated: a. By either Party upon [Notice Period] prior written notice to the other Party in the event of a material breach that remains uncured after [Cure Period] following written notice. b. Automatically upon the expiration of the Term unless renewed in writing by mutual contract of the Parties.
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Upon termination or expiration of this Contract, Subscriber shall cease all use of the Subscription Services, and any outstanding fees shall become immediately due and payable.
6. Breach and Remedies
In the event of a material breach of this Contract by either Party, the non-breaching Party shall be entitled to pursue all available remedies at law or in equity, including injunctive relief and monetary damages.
7. Independent Contractor
The Parties agree that nothing in this Contract shall be construed to create an employer-employee relationship, partnership, or joint venture between them. Provider shall perform its obligations hereunder as an independent contractor.
8. Confidentiality
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Each Party agrees to maintain the confidentiality of any Confidential Information disclosed by the other Party and shall not disclose or use such information for any purpose other than as necessary to perform its obligations under this Contract.
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This confidentiality obligation shall survive the termination or expiration of this Contract.
9. Indemnification
Subscriber agrees to indemnify, defend, and hold harmless Provider from and against any claims, liabilities, damages, and expenses arising out of or related to Subscriber's use of the Subscription Services or any breach of this Contract by Subscriber.
10. Governing Law
This Contract shall be governed by and construed by the laws of [Jurisdiction]. Any disputes arising under or in connection with this Contract shall be subject to the exclusive jurisdiction of the courts of [Jurisdiction].
11. Signature
This Subscription Contract is drafted and executed in duplicate originals, each of which shall be deemed an original and all of which together shall constitute the same instrument.
IN WITNESS WHEREOF, the Parties hereto have executed this Subscription Contract as of the Effective Date first above written.
[YOUR NAME]
[DATE SIGNED]
[SUBSCRIBER'S NAME]
[DATE SIGNED]
