Services Agreement

A services agreement sets out the basis upon which one party will provide services to another. The most important aspects of that agreement, apart from the actual appointment of the service provider, will be the description of the services to be provided and of course the fees payable in return.

In this services agreement, you will need to specify details of the services to be provided by the service provider to the recipient of those services. You will be able to go into as much or as little detail as you wish. The agreement even leaves scope for the parties to agree to the addition of new services from time to time.

The service provider will be obliged to perform the agreed services in a good and efficient manner, using the reasonable skill and care usually employed by persons providing similar services.

The services agreement also sets out the manner in which the service fees will be payable to the service provider. If the service provider fails to perform any of the agreed services, the recipient shall be entitled to withhold payment of the service fees until such time as the services are provided. Conversely, if the recipient is late in paying the service provider, the service provider will be entitled to charge interest on the outstanding fees.

The service provider will also be entitled to be reimbursed for all expenses incurred by it in the performance of the services. This clause can, however, be deleted if desirable.

Either party will be entitled to terminate the services agreement at any time upon the giving of specific notice.

The services agreement also includes standard boiler plate clauses such as in relation to confidentiality, non-compete, notice requirements, governing laws, etc.

Detailed instructions on each of the clauses in this services agreement and on completing the services agreement are contained in the notes that accompany the agreement.

Clauses Included in this Services Agreement:

• Definition and Interpretation Clause
• Appointment Clause
• Fees Clause
• Services Clause
• Termination Clause
• Notices Clause
• Confidentiality Clause
• Costs Clause
• Non-Compete Restrictions Clause
• Assignment Clause
• Amendments Clause
• Waiver Clause
• Severability Clause
• Force Majeure Clause
• Counterparts Clause
• Entire Agreement Clause
• Governing Law and Jurisdiction Clause

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