forked from cleveragents/cleveragents-core
70 lines
2.3 KiB
Plaintext
70 lines
2.3 KiB
Plaintext
SERVICE AGREEMENT
|
|
|
|
This Service Agreement ("Agreement") is entered into as of January 15, 2024 (the "Effective Date"), by and between:
|
|
|
|
TechCorp Solutions Inc., a Delaware corporation with its principal place of business at 123 Tech Street, San Francisco, CA 94105 ("Provider"),
|
|
|
|
and
|
|
|
|
Global Enterprises LLC, a California limited liability company with its principal place of business at 456 Business Ave, Los Angeles, CA 90001 ("Client").
|
|
|
|
RECITALS
|
|
|
|
WHEREAS, Provider is engaged in the business of providing cloud computing and data analytics services;
|
|
|
|
WHEREAS, Client desires to engage Provider to provide certain cloud infrastructure and data processing services;
|
|
|
|
NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the parties agree as follows:
|
|
|
|
1. SERVICES
|
|
|
|
1.1 Provider shall provide Client with access to its cloud computing platform, including but not limited to:
|
|
- Virtual server hosting
|
|
- Data storage and backup services
|
|
- Network infrastructure management
|
|
- 24/7 technical support
|
|
|
|
1.2 Service Level Agreement: Provider guarantees 99.9% uptime for all hosted services.
|
|
|
|
2. PAYMENT TERMS
|
|
|
|
2.1 Client shall pay Provider a monthly fee of $5,000.00 USD for the services described herein.
|
|
|
|
2.2 Payment shall be due within 30 days of invoice date.
|
|
|
|
2.3 Late payments shall incur a penalty of 1.5% per month.
|
|
|
|
3. TERM AND TERMINATION
|
|
|
|
3.1 This Agreement shall commence on the Effective Date and continue for a period of 24 months.
|
|
|
|
3.2 Either party may terminate this Agreement upon 90 days written notice.
|
|
|
|
3.3 Provider may terminate immediately for non-payment or material breach.
|
|
|
|
4. CONFIDENTIALITY
|
|
|
|
4.1 Both parties agree to maintain the confidentiality of proprietary information shared during the term of this Agreement.
|
|
|
|
5. GOVERNING LAW
|
|
|
|
5.1 This Agreement shall be governed by the laws of the State of California.
|
|
|
|
6. LIMITATION OF LIABILITY
|
|
|
|
6.1 Provider's total liability shall not exceed the amount paid by Client in the 12 months preceding the claim.
|
|
|
|
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
|
|
|
|
TechCorp Solutions Inc.
|
|
|
|
By: ___________________________
|
|
Name: John Smith
|
|
Title: Chief Technology Officer
|
|
|
|
Global Enterprises LLC
|
|
|
|
By: ___________________________
|
|
Name: Sarah Johnson
|
|
Title: Chief Executive Officer
|