Security Service Agreement
Security Service Agreement
This Security Service Agreement ("Agreement") is entered into on [Month Day, Year] by and between:
[Your Company Name], a security services company organized and existing under the laws of the state of [State], with its principal place of business located at [Your Company Address] ("Service Provider"), and [Your Partner Company Name / Second Party], a [entity type] organized and existing under the laws of [State], with its principal place of business located at [Your Partner Company Name / Second Party Address] ("Client").
Both parties, having the legal capacity to contract, hereby agree to the following terms and conditions:
1. SCOPE OF SERVICES
1.1. The Service Provider agrees to provide security services as outlined in this Agreement, including but not limited to the following ("Security Services"):
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Armed/Unarmed security personnel for property protection, surveillance, and loss prevention.
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Patrol services (foot and/or vehicle patrols).
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Monitoring and reporting suspicious activities or security breaches.
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Emergency response to threats or incidents.
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Enforcement of property rules and regulations.
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Coordination with local law enforcement, if necessary.
1.2. Additional services may be provided by mutual agreement and shall be subject to written amendments to this Agreement.
2. DURATION OF AGREEMENT
2.1. This Agreement shall commence on [Month Day, Year], and shall continue for a term of [0 years] unless terminated earlier as provided in Section 9 of this Agreement.
2.2. At the expiration of the initial term, this Agreement shall automatically renew for successive [0 year] periods unless either party provides written notice of non-renewal at least [0 days] prior to the expiration of the current term.
3. PAYMENT TERMS
3.1. Fees: In consideration for the Security Services rendered by the Service Provider, the Client agrees to pay the Service Provider the sum of $[0] per [0month], exclusive of taxes and any additional charges for extra services that may be required.
3.2. Invoicing: The Service Provider shall issue invoices on a [monthly] basis, which shall detail the services provided, number of personnel deployed, and any additional expenses incurred. All invoices are due and payable within [0 days] from receipt.
3.3. Late Payment: Any payment not made within [0 days] of the invoice due date shall bear interest at a rate of [0]% per month until paid in full.
4. DUTIES AND OBLIGATIONS OF SERVICE PROVIDER
4.1. The Service Provider shall exercise the highest degree of professionalism, skill, and care in performing the Security Services.
4.2. The Service Provider agrees to assign security personnel who are appropriately trained, licensed, and qualified under all applicable federal, state, and local laws to provide security services.
4.3. All security personnel assigned under this Agreement shall adhere to the following standards:
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Be courteous and professional at all times.
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Maintain uniforms and identification badges that clearly display the name of the Service Provider.
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Carry necessary communication devices to report any incidents or emergencies to both the Client and local authorities, as needed.
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Complete and submit incident reports to the Client within [0 days] after any security breach or other notable incident occurs.
4.4. The Service Provider shall carry out regular assessments and evaluations of its personnel to ensure compliance with performance expectations.
5. DUTIES AND OBLIGATIONS OF CLIENT
5.1. The Client shall provide all necessary information to the Service Provider to enable the effective delivery of Security Services. This includes:
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Providing access to property and premises as required.
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Supplying up-to-date emergency contact information.
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Communicating any potential threats, risks, or specific security concerns.
5.2. The Client agrees to comply with all applicable federal, state, and local laws regarding workplace safety and employee conduct.
5.3. The Client shall promptly notify the Service Provider of any issues or concerns related to the Security Services.
6. CONFIDENTIALITY
6.1. The Service Provider acknowledges that during the performance of its duties, it may have access to confidential information related to the Client's business, employees, customers, and property.
6.2. The Service Provider agrees not to disclose or use any confidential information except for the purposes of fulfilling its obligations under this Agreement. This obligation shall survive the termination of this Agreement.
7. INSURANCE REQUIREMENTS
7.1. The Service Provider agrees to maintain, at its own expense, the following minimum insurance coverage throughout the duration of this Agreement:
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General liability insurance with coverage of at least $[0].
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Workers’ compensation insurance as required by law.
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Professional liability insurance for claims arising from the performance of Security Services, with coverage of at least $[0].
7.2. The Service Provider shall provide the Client with certificates of insurance upon request, and the Client shall be named as an additional insured on all policies.
8. INDEMNIFICATION
8.1. The Service Provider agrees to indemnify, defend, and hold harmless the Client and its officers, directors, employees, and agents from and against any and all claims, damages, liabilities, losses, or expenses (including reasonable attorneys’ fees) arising out of or related to:
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The negligent or intentional acts or omissions of the Service Provider or its employees.
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Any breach of this Agreement by the Service Provider.
8.2. The Client agrees to indemnify, defend, and hold harmless the Service Provider from any claims, damages, liabilities, losses, or expenses arising from the Client’s negligence or breach of this Agreement.
9. TERMINATION
9.1. Either party may terminate this Agreement for cause by providing written notice to the other party if:
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The other party is in material breach of any term of this Agreement and such breach is not cured within [number of days] days after written notice.
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The other party becomes insolvent or files for bankruptcy.
9.2. The Client may terminate this Agreement for convenience by providing at least [0] days' written notice to the Service Provider.
9.3. In the event of termination, the Client agrees to pay the Service Provider for all services rendered up to the effective date of termination.
10. LIMITATION OF LIABILITY
10.1. Except for claims resulting from gross negligence, willful misconduct, or breach of confidentiality, neither party shall be liable for any indirect, incidental, consequential, or punitive damages, including loss of profits or revenue, arising out of or in connection with this Agreement.
11. FORCE MAJEURE
11.1. Neither party shall be liable for any delay or failure to perform its obligations under this Agreement if such delay or failure is caused by circumstances beyond its reasonable control, including but not limited to natural disasters, war, terrorism, labor strikes, or governmental actions.
11.2. The affected party shall notify the other party as soon as reasonably possible of any force majeure event and take all reasonable steps to mitigate its impact on performance.
12. DISPUTE RESOLUTION
12.1. Any disputes arising out of or related to this Agreement shall first be resolved by good faith negotiations between the parties.
12.2. If negotiations fail, the dispute shall be submitted to binding arbitration in accordance with the rules of the American Arbitration Association. The arbitration shall take place in [City, State], and the decision of the arbitrator shall be final and binding.
12.3. Each party shall bear its own costs and attorney fees associated with the arbitration, except as otherwise awarded by the arbitrator.
13. GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of the state of [State], without regard to its conflicts of law principles.
14. ENTIRE AGREEMENT
This Agreement constitutes the entire understanding between the parties and supersedes all prior agreements or understandings, whether written or oral, relating to the subject matter hereof. Any amendments or modifications to this Agreement must be in writing and signed by both parties.
15. SEVERABILITY
If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
16. NOTICES
All notices required or permitted under this Agreement shall be in writing and delivered either by hand, certified mail (return receipt requested), or by email, to the addresses specified below:
Service Provider:
[Your Company Name]
[Your Company Address]
[Your Company Email]
Client:
[Your Partner Company Name / Second Party]
[Your Partner Company Name / Second Party Address]
[Your Partner Company Name / Second Party Email]
17. SIGNATURES
IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written.
[Your Company Name]
By:
[Your Name]
[Title]
[Month Day, Year]
[Your Partner Company Name / Second Party]
By:
[Full Name]
[Title]
[Month Day, Year]
