SERVICE AGREEMENT

SERVICE AGREEMENT

This SERVICE AGREEMENT (‘’this Agreement’’) is entered into between [NAME] of
address [ADDRESS] (“the developer/Contractor”) and [NAME] of address [ADDRESS]
(“Client”) on [DATE] (‘‘Effective Date’’)

WHEREAS, this agreement is made for the purpose of completing a software product
Now, therefore, in consideration of the foregoing premises, and of the mutual promises and
covenants herein contained, the parties, intending to be legally bound, do hereby agree as
follows:

  1. CONTRACTOR’S OBLIGATIONS
    1.1 The Client hereby appoints the Contractor to render the agreed service. The
    Contractor shall commence performance of the Services on the date first signed
    below, and shall continue until completion of the Services unless this Agreement is
    sooner terminated by the terms as set forth herein.
    1.2 The service to be provided to the client is _ [Specify the service to be given to
    the client. Give a clear description]
  2. CLIENT’S OBLIGATIONS
    2.1 In consideration for the services to be performed by the Contractor, the Client agrees
    to pay the Contractor under the terms of this Agreement.
  3. PAYMENT TERMS
    3.1 The Contractor shall be paid in the following way;
    Total payment due on the project is US$2000.00.

Payments will be made in three terms:
(i) $750 upon submission of completed milestones, One which includes completions
and testing of 50% of current bugs identified, tested and passed final testing.
(ii) $550.00 for milestone 2 for completion of 40% of all reported bugs, tested and
passed.
(iii) $700 upon completion of remaining 10% of reported bugs and any other bugs
reported, tested and completed. This will also include completion of all
remaining modules as stated in the requirement documents.

  1. TERMINATION
    4.1 Either Party to this Agreement may terminate this Agreement upon a written notice of
    termination to the other Party. Unless otherwise mutually agreed to in writing, upon the
    termination of this Agreement, any arrangement for Services then in effect will
    immediately terminate.
    4.2 Grounds for immediate termination include but not limited to;
    (i) failure to meet deadlines
    (ii) Failure to submit milestones on time
    (iii) failure to push codes weekly to required repository
    (iv) Poor performance or refusal to perform obligations under this contract.
  2. TERM
    This Agreement shall be operative from the date of execution of this Agreement and shall
    run until the completion of the Services or until the Agreement is terminated according to
    this Agreement.
  3. RELATIONSHIP OF THE PARTIES
    Nothing contained in this Contract will be construed to create an employer and employee
    relationship between the Contractor and the Client. The Client and the contractor agree that
    the Contractor is, and at all times during this Contract shall remain, an independent
    contractor.
  4. INDEMNIFICATION
    The Client shall indemnify and hold the Contractor harmless for any loss or liability arising
    from performing services under this agreement.
  5. DISPUTES
    Except as otherwise specifically agreed in writing by the Contractor and the Client, any
    dispute relating to any rights and/ or obligations arising from this Agreement which is not
    resolved by the parties shall be adjudicated by any court of competent jurisdiction.
  6. ENTIRETY
    This contract represents the entire agreement between the two parties and supersedes any
    previous written or oral agreement. This agreement may be modified at any time, provided
    there is written consent of both the Client and the Contractor.
  7. SEVERABILITY
    The parties agree that if any portion of this contract is found to be void or unenforceable, it
    shall be struck from the record and the remaining provisions will retain their full force and
    effect.
  8. JURISDICTION
    This contract shall be governed, interpreted, and construed in accordance with the laws of
    [STATE/PROVINCE]

In Witness Whereof, this Agreement is duly executed by the duly authorized representatives of
the parties as set forth below:

Developer’s Official Signature Date

Client’s Signature Date

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