Outsourcing Agreement Long Form: This is a comprehensive contract between a company and a service provider specifying the terms by which services will be rendered. Key components include details on the scope of work, duration, payment terms, intellectual property rights, and confidentiality clauses. Service Provider: A company or individual that performs tasks on behalf of another business. Intellectual Property: Legal rights to inventions, designs, and artistic works. Confidential Treatment: Measures to protect sensitive information from unauthorized access or disclosure.
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