Technical Services Contract

By | February 20, 2015

A technical services contract is an agreement between a company and another company that provides technical services for the former company.

Sample Template for Free Download

This Technical Service Agreement (this “Agreement“) is entered in …… (name of the place) effective from ….. and is between the following two parties:

Party A: (name of the party )

Address of  Party A :

Party B: (name of the party)

Address of Party B:

Party A agrees to be the provider of technical services to Party B for its operation of the business of value-added telecommunication services, and Party B hereby agrees to accept such technical services.

Therefore, the Parties through friendly negotiation and based on the principle of equality and mutual benefit, enter into the Agreement as follows:

Technical Services: Ownership and Exclusive Interests

  1. During the term of this Agreement, Party A agrees to provide the relevant technical services to Party B in accordance with the Agreement.
  1. Party B hereby agrees to accept the Services. Party B further agrees that, during the term of this Agreement, it shall not utilize any third party to provide such Services for such above-mentioned business without the prior written consent of Party A.

Calculation and Payment of the Fee for Technical Services (the “Fee”)

The Parties agree that the Fee under this Agreement shall be …………. $ and shall be payable by  …….. on the provision of the services.

Confidentiality

Party B agrees to use all reasonable means to protect and maintain the confidentiality of Party A’s confidential data and information acknowledged or received by Party B by accepting the Services from Party A (collectively the “Confidential Information“). Party B shall not disclose or transfer any Confidential Information to any third party without Party A’s prior written consent.

Effective Date and Term

This Agreement shall be effective upon its being signed by the Parties hereunder. The term of this Agreement is ……..years, unless earlier terminated as set forth in this Agreement or in accordance with the terms set forth in the agreement entered into by both Parties separately.

Termination

This Agreement shall expire on the date due unless this Agreement is extended as set forth in the relevant terms here under.

Governing  Law

The execution, validity, performance and interpretation of this Agreement shall be governed          by and  construed in accordance with the laws of the ……. (country).

The Parties hereto have caused this agreement to be duly executed on their behalf by a duly authorized representative as of the date first written above.

Signature of Party A:

Signature of Party B: