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Professional Services Agreement

This Professional Services Agreement template is for businesses to contract with independent professionals or companies for specific services. It outlines the scope of work, payment terms, and legal obligations for both parties.

Updated 15d ago
professional servicesservice agreementindependent contractorconsulting agreementbusiness contractSouth Africa

{{company_name}}

{{company_address}}

{{phone}}

{{email}}

{{website}}

PROFESSIONAL SERVICES AGREEMENT

This Professional Services Agreement ("Agreement") is entered into on this {{day}} day of {{month}}, {{year}}, by and between:

**{{client_company_name}}**, a company duly incorporated under the laws of {{client_company_jurisdiction}}, with its principal place of business at {{client_company_address}} (hereinafter referred to as "Client"),

AND

**{{service_provider_company_name}}**, a company/individual duly incorporated/registered under the laws of {{service_provider_jurisdiction}}, with its principal place of business/residential address at {{service_provider_address}} (hereinafter referred to as "Service Provider").

Client and Service Provider are hereinafter collectively referred to as the "Parties" and individually as a "Party".

1. ENGAGEMENT AND SERVICES

1.1. The Client hereby engages the Service Provider to perform the professional services as described in **Schedule A** attached hereto (the "Services").

1.2. The Service Provider agrees to perform the Services with due care, skill, and diligence, in a professional and workmanlike manner, and in accordance with generally accepted industry standards and practices.

1.3. The Service Provider shall report to {{client_contact_person}} regarding the progress of the Services.

2. TERM AND TERMINATION

2.1. This Agreement shall commence on {{start_date}} and shall continue until {{end_date}} or until the completion of the Services, unless terminated earlier in accordance with the provisions of this Agreement.

2.2. Either Party may terminate this Agreement by providing {{notice_period}} days' written notice to the other Party.

2.3. Either Party may terminate this Agreement immediately upon written notice if the other Party commits a material breach of this Agreement and fails to remedy such breach within {{cure_period}} days of receiving written notice thereof.

3. FEES AND PAYMENT

3.1. In consideration for the Services rendered, the Client shall pay the Service Provider fees as set out in **Schedule B** attached hereto.

3.2. All invoices shall be submitted by the Service Provider on a {{billing_cycle}} basis and shall be paid by the Client within {{payment_terms}} days of the invoice date.

3.3. All payments shall be made in {{currency}} to the bank account specified by the Service Provider.

4. CONFIDENTIALITY

4.1. Both Parties agree to keep confidential all non-public information, including but not limited to business plans, financial information, client data, and proprietary software disclosed by one Party to the other Party during the term of this Agreement ("Confidential Information").

4.2. Neither Party shall disclose, directly or indirectly, any Confidential Information to any third party without the prior written consent of the other Party.

4.3. This confidentiality obligation shall survive the termination of this Agreement for a period of {{confidentiality_period}} years.

5. INTELLECTUAL PROPERTY

5.1. All intellectual property rights, including copyrights, patents, trademarks, and trade secrets, in any work product created by the Service Provider in the course of performing the Services under this Agreement shall belong to {{intellectual_property_owner}}.

5.2. The Service Provider hereby assigns to the Client all intellectual property rights in the work product created under this Agreement, effective upon creation.

6. INDEPENDENT CONTRACTOR STATUS

6.1. The Service Provider is an independent contractor and not an employee, partner, or agent of the Client.

6.2. The Service Provider shall be solely responsible for all income tax, social security contributions, and other employment-related taxes and contributions applicable to the Service Provider.

7. LIMITATION OF LIABILITY

7.1. Neither Party shall be liable to the other Party for any indirect, consequential, special, or punitive damages arising out of or in connection with this Agreement.

7.2. The total liability of the Service Provider to the Client for any claim arising out of or in connection with this Agreement shall not exceed the total fees paid by the Client to the Service Provider under this Agreement.

8. GOVERNING LAW AND DISPUTE RESOLUTION

8.1. This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_jurisdiction}}.

8.2. Any dispute, controversy, or claim arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration under the rules of the {{arbitration_institution}}.

9. ENTIRE AGREEMENT

9.1. This Agreement, together with its Schedules, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether written or oral.

IN WITNESS WHEREOF

The Parties hereto have executed this Professional Services Agreement on the date first above written.

**FOR THE CLIENT:**

______________________________

Name: {{client_signatory_name}}

Title: {{client_signatory_title}}

Date: {{client_signature_date}}

**FOR THE SERVICE PROVIDER:**

______________________________

Name: {{service_provider_signatory_name}}

Title: {{service_provider_signatory_title}}

Date: {{service_provider_signature_date}}

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