Service Agreement Template
Service Agreement Template
This Service Agreement is made and will effective on _______ day of _______________, 20_____
BETWEEN
[Company Name] with little introduction of the company and the law under which this company is existing with its street address along with city, state and zip code
AND
[Company Name] with little introduction of the company and the law under which this company is existing with its street address along with city, state and zip code
BACKGROUND: First Company (customer) is of the opinion that the second company (service
provider) has necessary qualifications, experience and abilities to provide services that are needed by the business of the customer.
AND
The second company the service provider is agreed for providing quality services to the first company (customer) following the terms and conditions stated in the service agreement signed by both companies.
IN CONSIDERATION OF the matters stated above and in consideration of mutual benefits set forth
in this agreement, the parties to this agreement agree on the points as follows:
Engagement 1). The customer agrees to engage the second company (service Provider) to provide the
customer with services consisting of several services like seeking potential buyers and others on which the customer service provider and the customer agree upon from time to time and the service provider which is the second company agrees to provide stated services under stated terms and conditions.
Term of Agreement 2). The term of this agreement will start on the date of this agreement and will remain in full force
and effect until the termination date of this agreement that is ______/______/___________ but this term can be extended with the consent of both parties to the agreement.
Performance 3). Both parties to the agreement agree on each and every clause of the contract and to do
everything necessary to ensure that the terms and conditions of this agreement take effect.
Compensation 4). For the services provided to the first company by the service provider (second company)
under this agreement, the customer will pay to the service provider the amount of $
___________ per month as compensation and the customer is entitled to deduct from the service providers compensation any applicable deductions and remittances enforceable by law.
Return of Property 5). Once the agreement is expired, the service provider will return to the customer any property,
documentation, concerned records and confidential/proprietary information which is the property of customer.
Legal Expenses 6). If some legal action is to be brought to enforce any term of this agreement then the
concerned party will be entitled to recover all legal costs and fees associated with the action.
Notice 7). All notices, requests, demands or other communications required or permitted by the terms of
this agreement will be in writing and sent to the concerned party to the agreement in time and all the notices shall be sent to each party on this address: [Street Address],[City],[State],[Zip Code] or some other address where notices will be sent. This address must be given in the agreement and both parties have to follow this address for sending notices.
Title/Headings 8). Headings are inserted for the convenience of the parties to the agreement and are not to be
considered when interpreting this agreement.
Modifications to Agreement 9). Any amendment or modification in any clause of this agreement or additional heading can be
added to the agreement by either party in connection to this agreement but with consent of other party and he must have to get new clause or amended clause signed and approved by the other party.
Entire Agreement 10). It is agreed by both parties that there is no representation, warranty, collateral agreement or
condition affecting this agreement except what is expressed in this agreement.
Governing Law 11). It is the intention of the parties that this agreement and the performance under this
agreement all special proceedings under this agreement shall be construed in accordance with and under the laws of state [State Name] without regard to the jurisdiction in which any action or special proceeding may be instituted.
IN WITNESS WHEREOF the parties have duly executed this Service Agreement on ____ day of _________________, 20______.
CUSTOMER
SERVICE PROVIDER