Project management assignment
Company Name
Contract/Service Agreement
Date
Title of Work:
This is an Agreement made as of __________ by _______________________________ (the “Seller”), and __________________________________ (the “Buyer”).
THE SELLER AND THE BUYER AGREE THAT:
1. The Work: The Seller will create the Work as set forth in Exhibit A hereto. The Buyer will provide the Seller with the format and specifications in which each element of the Work is to be submitted. The Seller agrees to conform to such format and specifications.
2. Delivery of the Work: The Seller agrees to deliver to the Buyer the Work in form and content acceptable to the Buyer on or before the dates outlined in Exhibit B of this Agreement, time being of the essence to the Buyer.
3. Right to Terminate: If the Seller materially departs from the agreed-upon schedule or if the Work is not satisfactory to the Buyer (based on reviews of drafts, market conditions, and/or other criteria as determined by the Buyer), the Buyer may at its option:
A. Allow the Seller to finish, correct, or improve the Work by a date specified by the Buyer;
B. Terminate this Agreement by giving written notice to the Seller.
4. Payments: The Buyer will pay the Seller _________________ upon accepted completion of the Work.
5. Exhibit: The following Exhibit is hereby incorporated by reference into this Agreement:
Exhibit A: Statement of Work
Exhibit B: Schedule
IN WITNESS WHEREOF, THE PARTIES HERETO HAVE EXECUTED THIS Agreement as a sealed instrument as of the date first above written.
Buyer Seller
By: ________________________ ____________________________
Date: ________________________ ____________________________