Free Sample Contract for Professionals Template
Sample Contract for Professionals
This Professional Contract ("Contract") is made and entered into as of January 1, 2050, by and between Nextiven, a corporation duly organized and existing under the laws of the State of California, with its principal office located at Fremont, CA 94536 ("Client"), and [Your Company Name], a corporation duly organized and existing under the laws of the State of California, with its principal office located at [Your Company Address] ("Service Provider"). Collectively referred to as the "Parties."
I. Purpose of Agreement
The purpose of this Contract is to establish the terms and conditions under which [Your Company Name] will provide professional services to Nextiven. These services are intended to help Nextiven achieve its business objectives as set forth in the Statement of Work ("SOW") attached hereto and incorporated herein by reference.
1.1 Scope of Services
[Your Company Name] agrees to perform the following services for Nextiven:
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Consulting Services: Providing expert advice and strategies to support Nextiven's operational goals.
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Implementation Services: Assisting with the implementation of solutions, systems, or processes as detailed in the SOW.
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Training and Support: Offering training for Nextiven's team and ongoing support as needed.
The detailed description of the services to be provided, along with the timeline, milestones, and deliverables, is outlined in the attached SOW.
II. Term of Agreement
2.1 Duration of Agreement
This Contract shall commence on January 1, 2050, and shall continue in full force until December 31, 2050, unless terminated earlier in accordance with the provisions of this Contract.
2.2 Early Termination
Either Party may terminate this Contract without cause by providing written notice to the other Party at least 30 days prior to the desired termination date. In the event of termination, Nextiven will pay for all services rendered up until the termination date.
2.3 Termination for Cause
If either Party fails to fulfill its obligations under this Contract, the non-breaching Party may terminate this Contract immediately after providing written notice to the breaching Party and allowing a 15-day cure period. If the breach is not cured within this period, the non-breaching Party may terminate the Contract.
III. Compensation
3.1 Fees and Payment Terms
In consideration for the services provided under this Contract, Nextiven agrees to pay [Your Company Name] as follows:
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Hourly Rate: $150 per hour for consulting and implementation services.
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Project-Based Fees: As outlined in the Statement of Work, with specific milestones and payment schedules defined therein.
Invoices will be submitted monthly, and payments are due within 15 days of the invoice date. Payments shall be made by wire transfer to the account specified by [Your Company Name].
3.2 Late Payments
In the event of a late payment, a 5% late fee will be charged on the outstanding balance for each month the payment remains overdue.
IV. Confidentiality
4.1 Confidential Information
Each Party acknowledges that it may be necessary to share Confidential Information in order to fulfill the obligations of this Contract. "Confidential Information" includes, but is not limited to, business plans, customer data, trade secrets, financial information, and proprietary technology.
4.2 Obligations of Confidentiality
Each Party agrees to keep all Confidential Information strictly confidential and will not disclose such information to third parties without prior written consent, except where required by law. This obligation of confidentiality will continue indefinitely, even after the termination of this Contract.
V. Governing Law
5.1 Governing State Law
This Contract shall be governed by and construed in accordance with the laws of the State of California, without regard to its conflict of laws principles.
5.2 Dispute Resolution
In the event of a dispute arising out of or related to this Contract, the Parties agree to attempt to resolve the dispute through mediation. If mediation is unsuccessful, the dispute will be resolved through binding arbitration in Fremont, California, in accordance with the rules of the American Arbitration Association.
VI. Limitation of Liability
6.1 Limitation on Damages
Neither Party shall be liable for any indirect, consequential, special, or punitive damages arising from this Contract. The total liability of either Party shall be limited to the amount paid by Nextiven for services rendered under this Contract.
6.2 Indemnification
Each Party agrees to indemnify and hold harmless the other Party from and against any claims, losses, or damages arising out of the breach of this Contract or the negligence of the indemnifying Party.
VII. Miscellaneous Provisions
7.1 Entire Agreement
This Contract, along with the Statement of Work and any attached appendices, constitutes the entire agreement between the Parties and supersedes all prior negotiations, representations, or agreements, whether written or oral.
7.2 Amendment
This Contract may only be amended or modified by a written agreement signed by both Parties.
7.3 Force Majeure
Neither Party shall be held liable for failure to perform its obligations under this Contract if such failure is due to causes beyond its reasonable control, including but not limited to acts of God, war, strikes, or governmental regulations.
VIII. Signatures
This Contract is executed as of the date first written above by the duly authorized representatives of the Parties:
[Your Company Name]
Name: [Your Name]
Title: [Your Title]
Date: January 1, 2050
Nextiven
Name: Malvina Jones
Title: Chief Executive Officer
Date: January 1, 2050
For any inquiries or clarifications, please contact [Your Name] at [Your Email], or reach out to [Your Company Name] via email at [Your Company Email].
