In business, contracts are important because they outline expectations for both parties, protect both parties if those expectations aren’t met and lock in the price that will be paid for services or products agreed to between the parties. In the event the Project is terminated by Customer prior to completion, Contractor shall use its best efforts to conclude or transfer the Project, as directed by Customer, as expeditiously as possible. The Deliverables, if any, shall be deemed accepted by Customer upon completion of the following acceptance test: a. Do you want to provide a firm date, or estimated dates to allow the Contractor more flexibility? on this site is for informational purposes only and does not from this site. e. Except for the warranties stated in this Section, Contractor DISCLAIMS ALL OTHER WARRANTIES WITH RESPECT TO THE SERVICES AND DELIVERABLES, EXPRESS OR IMPLIED, ARISING BY OPERATION OF LAW, COURSE OF DEALING, USAGE OF TRADE OR OTHERWISE, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE AND WARRANTIES AGAINST NON-INFRINGEMENT. c. This license gives no title or ownership rights in Contractor proprietary items or related intellectual property to Customer. Customize it where you need. The Deliverables, as defined in each Statement of Work, shall be deemed accepted by Client upon completion of the following acceptance test: Any such written statement of nonconformities shall provide sufficient detail to enable Provider to remedy the failure to conform to the completion criteria contained in the applicable Statement of Work. Contractor will re-assign personnel to extend Contractor’s work schedule without liability, and Customer will pay all additional costs, if any. Unlock the power of eSignature on your website using your branding today! Only your individual attorney can provide assurances of applicable law or appropriate counsel to your particular situation. PRICE. All claims against Contractor must be brought within one (1) year after the cause of action arises and Customer waives any statute of limitations which might apply by operation of law or otherwise. No worker’s compensation insurance shall be obtained by Client concerning Provider or any of Provider’s employees. immediately upon receipt of said Deliverables, Client shall promptly, but in any event not more than 10 business days (“Acceptance Period”), perform testing of the Deliverables to confirm that the Deliverables perform in accordance with the documentation or other standards applicable thereto as set forth in the applicable Statement of Work; Within 2 business days following the end of the Acceptance Period, Client shall either provide Provider with written acceptance of the Deliverables, or deliver to Provider a detailed written statement of nonconformities to be corrected prior to Client’s acceptance of the Deliverables. As always, consult your lawyer prior to any use of a template, since circumstance may dictate different contract language. The parties agree not to copy in whole or in part, any Confidential Information nor modify the same in any way without prior written consent from the other party. A model contract is a type of service contract between a model and a photographer. Client agrees to retain or reproduce on all copies of any Provider Intellectual Property all copyright notices and other proprietary legends and all trademarks or service marks of Provider. Provider has the right and authority to enter into and perform its obligations under this Agreement. In addition to any other remedy provided under applicable law, if Client fails to pay an overdue and outstanding balance for the Services performed after 10 days, the Business may consider Client in material breach, terminate this Contract and pursue all methods to recoup any monies owed plus interest. If Client fails to provide a written acceptance or a written statement of nonconformities within two (2) business days following the last Acceptance Period, or such other mutually acceptable period, of initial receipt of said Deliverables, the Deliverables shall be deemed immediately accepted by Client. PandaTip: A detailed acceptance test is always a plus from the Contractor’s perspective since it eliminates any risk that acceptance (and therefore payment) can be delayed. Following redelivery of corrected Deliverables, a new acceptance test shall be immediately commenced by Client. Here's what you'll find in the Business Services Contract Template: At one time, transacting business was easy. The circumstances under which the contract can be terminated and how that will be handled. It is proof that a transaction occurred and can be provided to the buyer’s local Department of Motor Vehicles (DMV). Payment amounts and terms. Built on the belief that every new agreement with a customer or client should be celebrated. Interest may be charged on all amounts unpaid after [NUMBER] days at the annual rate of 1-1/2 percent per month or the highest legal rate, whichever is lower.