B2B SaaS Agreement

This Business-to-Business Software as a Service (B2B SaaS) Agreement (the "Agreement") is effective as of July 21, 2056, by and between (SAAS PROVIDER NAME), a corporation incorporated and existing under the laws of the jurisdiction of its incorporation, with its principal place of business at (SaaS Provider Address) (the "SaaS Provider"), and (BUSINESS CUSTOMER NAME), a corporation incorporated and existing under the laws of the jurisdiction of its incorporation, with principal place of business at (Business Customer Address) (the "Business Customer").

1. DEFINITIONS

1.1 Software as a Service (SaaS):

1.1.1 Description: Refers to the cloud-based software services provided by the SaaS Provider under this Agreement, which are accessible via the Internet and hosted on the SaaS Provider's servers.

1.1.2 Examples: Examples of SaaS may include but are not limited to customer relationship management (CRM) systems, project management tools, and accounting software, which are provided on a subscription basis and accessed remotely by users.

1.2 Subscription Service:

1.2.1 Access: Denotes the Business Customer's access and use of the SaaS Provider's SaaS cloud-based services, as described in this Agreement, for the duration of the subscription period.

1.2.2 Scope: The Subscription Service may include access to specific features, functionalities, and support services as outlined in the Software Description attached hereto.

1.2.3 Restrictions: The Subscription Service is limited to the use by authorized users within the Business Customer's organization and may not be sublicensed, resold, or otherwise distributed without the prior written consent of the SaaS Provider.

1.2.4 Updates and Maintenance: The SaaS Provider reserves the right to update, modify, or enhance the Subscription Service, including adding or removing features, and to perform routine maintenance activities, with reasonable notice to the Business Customer.

2. SCOPE OF SERVICES

2.1 Service Provision:

The provider of Software as a Service (SaaS) agrees and accepts the responsibility to provide and uphold the service, as per the subscription agreement, to the customer who is engaged in business activities. This service provision and its maintenance are to be following the terms and conditions that have been outlined in this document.

2.2 Support and Maintenance:

The SaaS Provider shall provide technical support and maintenance for the Subscription Service during the term of this agreement. Details regarding the scope and availability of support services, as well as maintenance schedules and procedures, are outlined in the attached documentation.

3. FEES AND PAYMENTS

3.1 Subscription Fee:

The individual or entity engaging in a business capacity as a Customer shall be responsible for making a payment to the Software as a Service (SaaS) Provider. This payment constitutes a monthly subscription fee for the services provided by the SaaS Provider. The fee amount agreed upon is [AMOUNT]. The payment for the relevant monthly subscription fee should be made on the initial day of each new billing cycle.

3.2 Invoicing:

The Provider of Software as a Service (SaaS) will be responsible for issuing invoices to the Business Customer. These invoices are meant to cover the cost of the subscription fee. Each invoice will offer a detailed breakdown of the total amount that is due. To help facilitate the payment process, each invoice will also come with detailed instructions that the Business Customer can follow to make their payment.

3.3 Payment Terms:

The Business Customer is obligated to make the payment for the subscription fee. The payment must be submitted within a specified number of days, which is indicated as [DAYS] in the agreement. The countdown for these days shall commence from the date when the invoice was issued.

4. TERM AND TERMINATION

4.1 Commencement:

This Agreement shall become effective on the date first written above and shall continue for a term of [Term of Subscription] months unless terminated earlier under the provisions herein.

4.2 Termination:

If either party wishes to terminate this agreement, they are obliged to provide the other party with a written notice. This notice should be given to the respective party at least [DAYS] days before the date on which they intend to terminate the agreement.

4.3 Effects of Termination:

When this Agreement comes to an end, the Business Customer will no longer have access to the Subscription Service. In addition, any fees that have not been paid by the Business Customer will immediately become due and must be paid without delay.

5. CONFIDENTIALITY

5.1 Obligation:

Both Parties agree to treat all information received from the other Party as confidential and not to disclose such information to any third party without prior written consent, except as required by law.

5.2 Exceptions:

The confidentiality obligation shall not apply to publicly available information, rightfully obtained from a third party without confidentiality obligations, or independently developed by either Party.

6. GOVERNING LAW AND JURISDICTION

6.1 Applicable Law:

This Agreement shall be governed by and construed per the laws of [JURISDICTION], excluding any conflicts of law provisions.

6.2 Dispute Resolution:

Any disputes arising out of or relating to this Agreement shall be exclusively resolved by the courts of [JURISDICTION], and the Parties hereby submit to the jurisdiction of such courts.

7. SIGNATURE

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

[SAAS PROVIDER NAME]
[DATE SIGNED]

[BUSINESS CUSTOMER NAME]
[DATE SIGNED]