Professional Services Agreement Template India
With respect to the definition and allocation of roles to different service characteristics, the service contract must also have a plan in which the challenges of service delivery are met. More importantly, what happens if the treaty is violated? The principles of the treaty under the Contracts Act of 1872 would govern these agreements. In addition, the Consumer Protection Act 1986 also applies to all goods and services, excluding goods for resale or for commercial purposes, as well as services provided free of charge and as part of a service to the person. It protects the rights of clients such as the right to information, the right to security, etc. ALS portability is usually at stake when your service provider has merged with another entity or been sold to another company. Assuming that the company or new entity forming after the merger intends to assume the obligations of the service provider, they will of course assume responsibility and comply with the agreements reached to date. Unfortunately, this is not always the case. Any agreement made by a company as a legal entity is extinguished when the company is no longer a legal entity. Therefore, the new entity does not assume responsibility for the old one. 5.3 Each party accepts that, in the absence of the other party`s explicit written agreement, it does not use the other party`s confidential information for any purpose or transmit it to third parties.
Each party undertakes to protect the other party`s confidential information from use or disclosure that has not been authorized by or in accordance with this Agreement by measures, and to exercise a level of caution at least as protective as this, xxxxx or (company name) exercises to preserve the confidentiality of its own proprietary information. , but, in the present circumstances, no less than a level of due diligence. Each party only allows access to the other party`s confidential information by persons (a) who have entered into a written confidentiality agreement with the other party on conditions as restrictive as those set out in it and (b) who, in the course of their duties, require access to the rights of the other party in relation to the rights of the other parties under this agreement. In this model of agreement on professional services, there should also be a section dealing with all exclusions in the service agreement. This applies to all situations in which the guarantees provided in the service agreement and the sanctions that are granted if these guarantees are not met do not apply. 7.8 This agreement, all attached schedules and all other agreements covered by or to be concluded by the parties under this contract constitute the whole agreement and agreement between the parties with respect to the purpose of the agreement and merges all prior discussions between them and replaces any other agreements or agreements that could have been reached between the parties. , to the extent that such an agreement or agreement relates to the provision of services (company name). (Company name) acknowledges that it did not reasonably rely on any other insurance or statement that is not included in this Agreement or that was made by a person or organization other than xxxx.
To the extent that the terms of (company name) s or other correspondence may be inconsistent with this agreement, this contract is more controlling. It is a good practice to have an on-site reminder where you will check these three issues each year and check the terms of the service contract you have with your service providers. This service contract can be created either for an ongoing service delivery agreement or for a single project.