Subscription Service Contract

Subscription Service Contract

This Subscription Service Contract ("Contract") is entered into as of [Effective Date], by and between [Your Company Name], with a principal place of business at [Your Company Address] ("Provider"), and [Subscriber Name], with a principal place of business at [Subscriber Address] ("Subscriber"). This Contract governs the provision of services by Provider to Subscriber regularly, subject to the terms and conditions herein.

I. Scope of Services

1.1 Description of Services Provided: The Provider agrees to deliver access to its cloud-based project management software, including features such as task management, collaboration tools, and reporting functionalities, to the Subscriber during the term of this Contract.

1.2 Frequency of Services: Services will be provided on a 24/7 basis, accessible by the Subscriber through a secure login portal.

1.3 Limitations or Exclusions: The subscription plan does not include customization beyond standard configurations or additional consulting services. Integration with third-party applications may require separate agreements and fees.

II. Subscription Terms

The subscription term ("Term") shall commence on [Start Date] and shall continue for an initial period of one (1) year. Upon expiration of the Initial Term, this Contract shall automatically renew for successive periods of one (1) year unless either party provides written notice of non-renewal at least 30 days before the end of the then-current term.

III. Payment Terms

3.1 Subscription Fees: The Subscriber agrees to pay the Provider a monthly subscription fee of [Amount], payable in advance, for the duration of this Contract.

3.2 Billing Frequency: Subscription fees shall be billed monthly, on the first day of each month.

3.3 Payment Methods: Payment shall be made via electronic funds transfer (EFT) or credit card, with payment details provided to the Provider upon signing this Contract.

4.4 Late Payment Penalties: Late payments shall incur a penalty of 1.5% per month on the outstanding balance.

IV. Rights and Responsibilities

4.1 Provider Rights

(a) Provider reserves the right to suspend or terminate Services for non-payment or breach of contract.

(b) Provider may modify the Services or terms of this Contract upon written notice to Subscriber.

Subscriber Responsibilities

(a) Subscriber shall promptly pay all fees as outlined in the Payment Terms.

(b) Subscriber shall provide accurate and up-to-date information necessary for the provision of Services.

V. Confidentiality

Both parties agree to maintain the confidentiality of any proprietary or confidential information disclosed during this Contract. This obligation shall survive termination of the Contract.

VI. Indemnification

Subscriber agrees to indemnify, defend, and hold harmless Provider from and against any claims, damages, liabilities, costs, and expenses arising out of or related to Subscriber's use of the Services.

VII. Governing Law

This Contract shall be governed by and construed by the laws of [Jurisdiction]. Any disputes arising under or related to this Contract shall be resolved exclusively in the courts of [Jurisdiction].

VIII. Miscellaneous

8.1 This Contract constitutes the entire agreement between the parties and supersedes all prior agreements and understandings.

8.2 No modification or waiver of any provision of this Contract shall be effective unless in writing and signed by both parties.

8.3 If any provision of this Contract is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

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

[Your Company Name]

By: [Your Name]

Provider

[Date Signed]

[Subscriber Name]

Subscriber

[Date Signed]

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