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A Standard Service Agreement is a legal contract between a client and a service provider. The agreement outlines important details about the business relationship and the duties owed to one another. It may include information like pricing, ownership, shipment details, and much more.
In a good service contract, it's crucial to define the roles and responsibilities of both the service provider and the client. Clear expectations help avoid misunderstandings and ensure a smooth working relationship between both parties.
These agreements can often be found on company's websites or given to customers to review before starting a project. Terms of service agreements typically outline the service being provided, how it works, what to expect as a customer, what your obligations are as a customer, how to properly use the service, and more.
A terms of service sets all user rules, restrictions, and prohibited behaviors, and outlines your company's liability limitations, property rights, and dispute resolutions. You've probably seen some alternative titles for a terms of service agreement, like: Terms of Use. Terms and Conditions.
What to include in your contract. Description of services. Lay out exactly what professional services you and your company will receive. ... Payment terms. Describe when and how the contractor will be compensated. ... Ownership rights. ... Confidentiality clause. ... Indemnification clause. ... Amendment. ... Termination. ... Dispute resolution.
A quick intro to the most essential contract clauses - Warranty, Limitation of liability, Indemnity, Publicity, Scope of work and Termination.