Connecticut Services Agreement between The Sutherland Group, LTD and Velocity, Inc The Connecticut Services Agreement is a legally binding contract entered into by The Sutherland Group, LTD (referred to as "Service Provider") and Velocity, Inc (referred to as "Client"). This agreement outlines the terms and conditions of the services to be provided by the Service Provider to the Client, all taking place within the state of Connecticut. Keywords: Connecticut Services Agreement, The Sutherland Group LTD, Velocity Inc., services, contract, terms and conditions, state of Connecticut 1. Purpose: The purpose of this Connecticut Services Agreement is to define the specific services that the Service Provider will offer to the Client, along with the rights, responsibilities, and obligations of both parties involved. 2. Service Scope: This agreement specifies the services, tasks, and deliverables to be provided. These may include but are not limited to consulting, professional advice, project management, technical assistance, software development, maintenance, and support. 3. Term and Termination: The contract establishes the duration of the agreement, typically specifying a start date and an end date. It also outlines the circumstances under which either party can terminate the agreement, such as a breach of contract, non-payment, or mutual agreement. 4. Payment and Billing: The financial aspects of the agreement are detailed, including payment terms, billing frequency, invoicing procedures, and any additional expenses such as travel costs or materials. The agreement should also include provisions for late payments, penalties, or interest charges. 5. Intellectual Property Rights: The Connecticut Services Agreement addresses the ownership and protection of intellectual property. It dictates that any intellectual property developed or provided by the Service Provider during the course of the agreement will be the exclusive property of the Client. 6. Confidentiality: Both parties agree to maintain the confidentiality of any sensitive or proprietary information exchanged during the provision of the services. This clause ensures that any confidential information shared is kept secure and not disclosed to any third parties. 7. Liability and Indemnification: The agreement sets forth the limits of liability for each party and defines the circumstances under which one party may be required to indemnify the other for damages, losses, or expenses arising out of the services provided. 8. Dispute Resolution: A section governing dispute resolution is included to guide the parties in case any conflicts arise during the agreement's enforcement. This may include negotiation, mediation, or arbitration procedures to resolve the disputes without resorting to litigation. Types of Connecticut Services Agreements between The Sutherland Group, LTD and Velocity, Inc: 1. Consulting Services Agreement: This type of agreement outlines the services to be provided by the Service Provider in the field of consulting, including professional advice, strategic planning, or market analysis. 2. Software Development and Maintenance Agreement: This agreement involves the development, customization, and maintenance of software applications as per the Client's requirements. It encompasses the development lifecycle, support, and future updates. 3. Managed IT Services Agreement: This type of agreement covers the provision of comprehensive IT services, including network management, infrastructure support, cybersecurity, and help desk support. 4. Project Management Agreement: In this agreement, the Service Provider undertakes the responsibility for managing and overseeing a specific project on behalf of the Client, from planning and coordination to execution and delivery. 5. Technical Support Agreement: This agreement focuses on providing technical assistance and support to the Client's existing systems, infrastructure, or software applications. These are some examples of the types of Connecticut Services Agreements that can be established between The Sutherland Group, LTD and Velocity, Inc., depending on the specific services required by the Client.