Technology Service Contract
This Technology Service Contract (“Contract”) is entered into between Company A (“Company”) and Company B (“Provider”) for the purpose of defining the terms and conditions of the technology services provided by Provider to the Company.
The Provider is a technology services company which shall supply services to the Company in accordance with the terms and conditions set forth below.
I. Services
The Provider shall provide the following technology services to the Company: consultation, design, development, testing, customization and implementation of software applications, web-based applications, technical support and maintenance of existing ones.
II. Fees
The Company shall pay to the Provider the fees specified in Schedule A. The fees shall be paid in full prior to the commencement of the services by the Provider.
III. Term and Termination
The term of this Contract shall be twelve (12) months from the effective date of the Contract. It may be terminated for convenience or for cause by either party upon thirty (30) days’ written notice.
IV. Warranties
The Provider warrants that the services provided by it shall be performed in a professional and workmanlike manner, conducted in accordance with the good industry practices and shall conform to the service specification.
V. Limitation of Liability
In no event shall either party be liable for any incidental or consequential damages arising from any breach of this Contract.
VI. Indemnification
The Provider shall defend, indemnify, and hold the Company harmless from and against any claim, suits, actions, loss, damage, liability, or expense (including reasonable attorneys’ fees) arising out of or connected with the services provided to the Company.
VII. Payment and Performance
Payment and Performance of the services shall be in accordance with the terms and conditions stated in Schedule A.
IN WITNESS WHEREOF, each of the parties has executed this agreement on the date and year written below.
Company A:
[Name], [Title]
[Date]
Company B:
[Name], [Title]
[Date]