SERVICE CONTRACT AGREEMENT

This Service Contract Agreement (the "Agreement") is entered into on this day of [DATE] (the "Effective Date"), between [YOUR NAME] (the "Service Provider") and [CLIENT NAME] (the "Client").

1. PURPOSE

The purpose of this Agreement is to outline the services to be provided, set expectations, establish legal protection, ensure payment, and outline the termination conditions of the service being delivered by the Service Provider to the Client.

2. SCOPE OF SERVICES

The Service Provider agrees to provide the Services as described in this Section. The Service Provider's duties, responsibilities, and provision of Services shall be as detailed in the exhibit attached herein.

3. PAYMENT TERMS

The Client hereby consents and agrees to provide compensation to the Service Provider for the Services that they have rendered as specified in the details and conditions of this Agreement. The payment terms that have been agreed upon include particulars such as the billing frequency, which outlines when invoices will be issued, the rates which detail the cost of the services provided, as well as any penalties or extra charges that may be incurred in the unfortunate event of any late payments being made by the Client

4. TERM

This section outlines the duration, renewal, and termination provisions governing the contractual relationship between the Service Provider and the Client.

1. Commencement Date: The agreement shall commence on the Effective Date mentioned in the preamble of this Agreement unless otherwise specified.

2. Initial Term: The initial term of this Agreement shall begin on the Commencement Date and continue for a specific period, as agreed upon by both parties. This period may be expressed in days, months, or years.

3. Renewal: Upon expiration of the initial term, this Agreement may automatically renew for successive periods (each, a "Renewal Term") unless either party provides written notice of non-renewal to the other party within a specified notice period prior to the end of the then-current term.

4. Termination by Either Party: Either party may terminate this Agreement upon providing written notice to the other party. The notice period for termination shall be specified herein.

5. Termination for Cause: In the event of a material breach of this Agreement by either party, the non-breaching party may terminate this Agreement immediately upon written notice to the breaching party.

6. Survival: Notwithstanding any termination or expiration of this Agreement, any provisions that, by their nature, should survive termination or expiration, shall survive, including but not limited to, provisions related to payment obligations, confidentiality, and dispute resolution.

5. LEGAL PROTECTION AND DISPUTE RESOLUTION

The purpose of this Agreement is to serve as a source of legal protection for both parties involved. It functions by establishing the rights that both parties have under the defined terms of the Agreement. Furthermore, it details the obligations each party has agreed to uphold and adhere to throughout the duration of the contractual relationship.

6. TERMINATION OF THE AGREEMENT

This Agreement incorporates comprehensive provisions for termination, delineating the circumstances under which either party can terminate the Agreement and establishing the associated penalties or procedures.

1. Termination by Either Party: Either party reserves the right to terminate this Agreement upon providing written notice to the other party. The notice period for termination, specifying the duration of advance notice required, is mutually agreed upon and documented within this Agreement. Termination by either party signifies the intention to cease the contractual relationship established herein.

2. Termination for Cause: In the event of a material breach of this Agreement by either party, the non-breaching party holds the authority to terminate the Agreement immediately upon providing written notice to the breaching party. A material breach encompasses violations of significant terms or obligations outlined in this Agreement, such as failure to perform services as specified or failure to adhere to payment terms. Termination for cause serves to address and rectify breaches promptly, safeguarding the integrity and effectiveness of the contractual relationship.

3. Termination Due to Force Majeure: In circumstances beyond the reasonable control of either party, such as acts of nature, governmental actions, or unforeseen emergencies ("Force Majeure Events"), either party may elect to terminate this Agreement upon providing prompt written notice to the other party. Force Majeure Events may temporarily or permanently impede the ability of one or both parties to fulfill their obligations under the Agreement, necessitating termination to mitigate adverse consequences and allocate resources effectively.

4. Effect of Termination: Upon the effective date of termination, the parties shall cease all activities and obligations under this Agreement, except as otherwise expressly provided herein or required by law. The termination of this Agreement does not relieve either party of any obligations or liabilities incurred prior to the termination date, including but not limited to, payment obligations, confidentiality obligations, and indemnification obligations.

5. Settlement of Accounts: Following termination, the parties shall promptly settle any outstanding accounts or payments owed to each other. This includes any accrued fees or expenses incurred up to the termination date, which shall be paid in accordance with the payment terms specified herein. The parties agree to cooperate in good faith to resolve any outstanding matters and facilitate a smooth transition following termination.

6. Survival of Certain Provisions: Notwithstanding termination, certain provisions of this Agreement shall survive, including but not limited to, confidentiality obligations, indemnification provisions, and dispute resolution mechanisms. The survival of these provisions ensures the continued protection of the parties' rights and interests beyond the termination date.

SIGNATURES

By signing below, both the Service Provider and the Client acknowledge they have read, understood, and agree to the terms and conditions of this Service Contract Agreement.

Service Provider:

Name: [Your Name]
Company Name: [Your Company Name]
Date: [Date Signed]

Client:

Name: [Client's Name]
Company Name: [Client's Company Name]
Date: [Date Signed]\

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