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A contract for services is a written agreement between an employer and an individual to do work for a limited time period or of a limited scope. Also known as a service agreement, this type of contract is a binding, legal document that outlines the details of the job, compensation, and other terms of this agreement.
A service-level agreement is a contract that a client and service provider can use to outline the expected standard of service. This type of agreement may outline quality standards, response times, delivery times, and more. This type of agreement is most relevant in commercial agreements.
Window contract. A guaranteed investment contract purchased with deposits over some future designated time period (the "window"), usually between 3 and 12 months. All deposits made are guaranteed the same credit rating.
Example of a Forward Window Contract For example, a customer should pay an American company 60,000 Euros in 60 days, so the American company wants to hedge it with a forward exchange contract to sell 60,000 Euros to a bank in 60 days at an exchange rate of 1 Euro per 1 U.S. Dollar.
Generally speaking, a service contract template should include: Parties involved. Project end date. Services to be provided. Payment process. Termination details. Amendments. Dispute resolution. A section for parties to sign.