Terms and Conditions
1. Scope of Services
1.1 The IT Company agrees to provide the Client with the services specified in the attached agreement (“Agreement”). The scope of services includes but is not limited to software development, IT consulting, system integration, and technical support.
1.2 Any additional services requested by the Client will be subject to mutual agreement and may require an amendment to the Agreement and additional fees.
2. Payment Terms
2.1 The Client agrees to pay the IT Company according to the payment schedule outlined in the Agreement. Payment shall be made in the currency specified and via the method agreed upon.
2.2 Late payments may incur interest charges at a rate of [X]% per month, compounded monthly, on the outstanding balance.
3. Ownership and Intellectual Property
3.1 The IT Company retains ownership of all intellectual property rights associated with any software, code, designs, or documentation developed as part of the services unless otherwise specified in the Agreement.
3.2 The Client may only use the deliverables provided by the IT Company for the purposes outlined in the Agreement and may not reproduce, distribute, or modify them without prior written consent.
4. Confidentiality
4.1 Both parties agree to maintain the confidentiality of any proprietary or sensitive information disclosed during the course of the services. This includes but is not limited to business strategies, trade secrets, and technical data.
4.2 The obligations of confidentiality shall survive the termination of the Agreement and remain in effect indefinitely.
5. Termination
5.1 Either party may terminate the Agreement with written notice if the other party breaches a material term and fails to remedy the breach within [X] days of receiving notice.
5.2 The Client agrees to pay for all services rendered up to the date of termination and any applicable termination fees specified in the Agreement.
6. Limitation of Liability
6.1 To the fullest extent permitted by law, the IT Company shall not be liable for any indirect, incidental, consequential, or punitive damages arising from the services provided under the Agreement.
6.2 The total liability of the IT Company for any claim arising out of or related to the Agreement shall not exceed the total fees paid by the Client under the Agreement.
7. Governing Law and Dispute Resolution
7.1 The Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction]. Any disputes arising under the Agreement shall be resolved through arbitration in [City], [Jurisdiction] in accordance with the rules of the [Arbitration Institution].