Service Provision Contract
Service Provision Contract
This Service Provision Contract ("Contract") is entered into as of [Date], by and between [Your Company Name], with its principal place of business at [Your Company Address], hereinafter referred to as the ("Service Provider"), and [Client's Name], with its principal place of business at [Client's Address], hereinafter referred to as the ("Client").
1. Scope of Services
Service Provider agrees to provide the following services to Client ("Services"):
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Development and implementation of a custom e-commerce platform.
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Integration of payment gateways and inventory management systems.
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Training of Client's staff on the use and maintenance of the platform.
2. Responsibilities
2.1 Service Provider Responsibilities:
Service Provider shall:
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Assign a dedicated team of software developers and project managers to oversee the project.
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Deliver the completed platform within the agreed-upon timeline of 6 months.
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Provide regular progress reports to the Client's project manager.
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Ensure compliance with industry standards and best practices in software development.
2.2 Client Responsibilities:
Client shall:
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Provide the Service Provider with access to necessary data and systems required for integration.
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Designate a project manager to liaise with Service Provider and provide timely feedback.
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Ensure availability of staff for training sessions as scheduled.
3. Payment Terms
Client shall pay Service Provider for the Services according to the following terms:
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A total project cost of $100,000, payable in four equal installments of $25,000 at the commencement of each quarter.
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Invoices shall be issued by the Service Provider upon completion of each milestone, with payment due within 30 days of receipt.
4. Duration
This Contract shall commence on January 1, 2050, and shall continue until the completion of the Services, estimated to be June 30, 2050, unless terminated earlier by the provisions herein.
5. Termination
Either party may terminate this Contract upon 30 days written notice to the other party in the event of a material breach of the Contract by the other party.
6. Confidentiality
6.1 Confidential Information:
Each party may have access to certain confidential information of the other party, including but not limited to proprietary software code and business strategies. Confidential Information shall be kept confidential and not disclosed to any third party without the prior written consent of the disclosing party.
6.2 Exceptions:
The obligations of confidentiality shall not apply to any information that:
(a) is or becomes publicly available through no fault of the receiving party;
(b) is already in the receiving party's possession without obligation of confidentiality;
(c) is independently developed by the receiving party without the use of the disclosing party's Confidential Information.
7. Intellectual Property
7.1 Ownership:
Service Provider shall retain all intellectual property rights in the custom software code and other materials developed in the course of providing the Services.
7.2 License:
Service Provider grants Client a non-exclusive, royalty-free license to use the e-commerce platform solely for its internal business purposes.
8. Governing Law and Dispute Resolution
This Contract shall be governed by and construed by the laws of the State of California. Any dispute arising out of or in connection with this Contract shall be resolved through negotiation between the parties. If the dispute cannot be resolved informally, the parties agree to submit the dispute to mediation before resorting to litigation.
9. Entire Agreement
This Contract constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether written or oral, relating to such subject matter.
IN WITNESS WHEREOF, the parties have executed this Contract as of the date first above written.
[YOUR COMPANY NAME] (Service Provider)
[DATE SIGNED]
[CLIENT'S NAME] (Client)
[DATE SIGNED]
