Provision Of Services Agreement Template

This document establishes an agreement for one company to provide services to another company. It can be amended to reflect any type of service and contains provisions that address typical problems that may arise from service contracts. v. THE PAIEMENTS. The customer receives invoices based on the billing/payment plan included in the corresponding work account. Invoices include a description of the services provided or the delivery items. Invoices are due and payable within [number] days of the billing date. Interest can be deducted from all amounts that are not paid on the basis of [NUMBER] days, at the annual rate of 1-1/2 per cent per month or at the highest legal rate, the lowest since the amount is lower. When an invoice is not paid when it is due, the contractor may suspend the provision of services and/or delivery items without liability or penalty until the matter is finally resolved. A service contract requires at least one party to provide a service to another in exchange for financial products, services or compensation.3 min. 1.3 The parties consider it desirable to change the work statement (s). Before proceeding with work on such an amendment, a written change order contains the necessary changes to the work statement (s) and the parties agree in writing that this work constitutes an amendment to the original statement of work as amended and that they continue to approve the changes to the change order.

Each change order is serially numbered and executed by Ms. Xxxxxx and (company name). Please note that the document should not be used for non-professional customers or when selling services is done online. 5.3 Each party accepts that, in the absence of the other party`s explicit written agreement, it does not use the other party`s confidential information for any purpose or transmit it to third parties. Each party undertakes to protect the confidential information of the other party from use or disclosure that has not been authorized by or in accordance with this Agreement by measures and to exercise a degree of care at least as protective as the latter, xxxxx or (name of the entity) which, in the circumstances, exercises the confidentiality of its own information, but no less than a degree of due diligence. Each party only allows access to the other party`s confidential information by persons (a) who have entered into a written confidentiality agreement with the other party on conditions as restrictive as those set out in it and (b) who, in the course of their duties, require access to the rights of the other party in relation to the rights of the other parties under this agreement. G. If the customer orders commercial products, a separate licensing agreement is negotiated, which is part of the current factory declaration. Both parties should also be aware of the provisions of the 1977 Contract Terms and Abuse Act. In most cases, the service provider will likely require the client to make a deposit to obtain their services. It may also require that a certain number of payments be made during the services rendered, i.e.

a “balloon payment”. It is important to pay attention to the payment schedule described in the contract.