Service Agreement Contract Template WORD

MASTER PROFESSIONAL SERVICES AGREEMENT

Document ID: TR-8842-SA
Effective Date: [____/____/2026]

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INSTRUCTIONS FOR USE

• Completion: This document must be completed by the Authorized Representative of the Service Provider and the Client. Ensure all bracketed fields are finalized before execution.
• Filing/Retention: Both parties must retain a fully executed digital or physical original for a minimum period of 7 years post-termination.
• Attachments: Mandatory attachments include: Exhibit A (Statement of Work), Exhibit B (Fee Schedule), and Exhibit C (Data Processing Addendum) if applicable.

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1. PARTIES

This Agreement is entered into by and between:

• Service Provider: [________________] with a principal place of business at [________________].
• Client: [________________] with a principal place of business at [________________].

2. SERVICES

The Service Provider agrees to perform the services described in the attached Exhibit A (“Services”). Any changes to the scope must be documented via a written Change Order signed by both parties.

3. TERM AND TERMINATION

• Initial Term: This agreement shall commence on the Effective Date and remain in effect for [__________] months.
• Termination for Cause: Either party may terminate this agreement upon [__________] days' written notice if the other party commits a material breach.
• Termination for Convenience: [ ] Permitted upon [__________] days' notice | [ ] Not permitted.

4. FEES AND PAYMENT

• Compensation: Client shall pay Service Provider as specified in Exhibit B.
• Invoicing: Invoices shall be issued [ ] Monthly | [ ] Upon Milestone Completion and are payable within [__________] days of receipt.
• Late Payments: Overdue balances shall incur interest at the rate of [__________]% per month or the maximum rate permitted by law.

5. CONFIDENTIALITY

"Confidential Information" includes all non-public technical and business information. Receiving party shall:

1. Maintain strict confidentiality.
2. Use information only for the purposes of this Agreement.
3. Notify the disclosing party immediately of any unauthorized disclosure.

6. INTELLECTUAL PROPERTY

• Work Product: Upon full payment of fees, all deliverable Work Product shall be deemed:
  • [ ] Work for hire owned by Client
  • [ ] Owned by Service Provider with a perpetual license granted to Client

7. LIMITATION OF LIABILITY

To the maximum extent permitted by law, neither party shall be liable for indirect, incidental, or consequential damages. Total aggregate liability for either party shall not exceed [________________].

8. GOVERNING LAW AND DISPUTE RESOLUTION

This Agreement is governed by the laws of the State/Province of [________________]. Any disputes shall be resolved through:

• [ ] Binding Arbitration
• [ ] Formal Litigation in the courts of [________________]

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EXECUTION

Service Provider Signature: __________________________ Printed Name: [________________] Title: [________________] Date: [____/____/2026]

Client Signature: __________________________ Printed Name: [________________] Title: [________________] Date: [____/____/2026]

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Disclaimer: This document is provided as a standardized framework. Consult qualified legal counsel for jurisdiction-specific statutory compliance.