Standard Service Terms and Conditions with Deliverables (B2B)
“Client” refers to the party entering into this agreement for the receipt of services.
“Service Provider” refers to the party providing the services as outlined in this agreement.
“Services” refer to the services to be provided by the Service Provider to the Client as detailed in Clause 2.
“Deliverables” refer to the tangible or intangible products, results, or outcomes specified in the Scope of Work.
The Service Provider agrees to provide the Services to the Client in accordance with the terms and conditions of this agreement.
The Services shall include, but are not limited to [insert description of services], as outlined in the Scope of Work attached hereto as Appendix A.
The Service Provider shall use reasonable skill and care in the provision of the Services.
The Service Provider shall deliver the agreed-upon Deliverables in accordance with the schedule outlined in the Scope of Work.
The Client acknowledges that any delays caused by factors beyond the Service Provider’s control may affect the delivery schedule, and the Service Provider shall not be held liable for such delays.
The Client agrees to promptly review and accept the Deliverables. Any objections or concerns must be raised within [number] days of receipt. Failure to object within the specified timeframe shall be deemed acceptance.
In consideration for the Services and Deliverables provided, the Client agrees to pay the Service Provider the fees as outlined in the payment schedule attached hereto as Appendix B.
All fees are exclusive of Value Added Tax (VAT), which shall be added to the invoice at the prevailing rate.
In the event of late payment, the Service Provider reserves the right to charge interest at the rate of [X]% per annum on the outstanding amount, calculated from the due date until payment is received in full.
Both parties agree to keep confidential all non-public information obtained during the course of this agreement and not to disclose such information to any third party without the written consent of the other party.
Either party may terminate this agreement with written notice if the other party breaches a material term of this agreement.
Upon termination, the Client shall pay for all Services provided up to the termination date and any outstanding fees.
Governing Law and Jurisdiction
This agreement shall be governed by and construed in accordance with the laws of England and Wales.
Any disputes arising out of or in connection with this agreement shall be subject to the exclusive jurisdiction of the courts of England and Wales.
This agreement constitutes the entire understanding between the parties and supersedes all prior agreements, whether oral or written, relating to the subject matter herein.
Amendments to this agreement must be in writing and signed by both parties.
IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the Effective Date first above written.