What Important Clauses Should Be Included in a Service Agreement?
What is a service agreement? A service agreement is a contract under which one party, the service provider, agrees to provide certain services to the client, and the client agrees to accept and pay for those services. Service agreements are used in many areas, including legal services, accounting, marketing, advertising, IT, design, consulting, education, repair, business support and other professional services. The main purpose of a service agreement is to clearly answer several important questions: who provides the service, what exactly must be done, when it must be done, how much it costs and what happens if one party fails to perform. Without these answers, the agreement becomes legally weak.
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