This Virtual Project Management Service Agreement, made and entered into as of [Date], by and between [Client Name], a [Client Legal Entity] with a principal place of business at [Client Address] (“Client”), and [Contractor Name], a [Contractor Legal Entity] with a principal place of business at [Contractor Address] (“Contractor”).
Witnesseth:
WHEREAS, Client desires to engage Contractor to provide virtual project management services for the project known as [Project Name] (“Project”); and
WHEREAS, Contractor desires to provide such services to Client;
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows:
1. Services
The contractor agrees to provide the following virtual project management services for the Project:
- [List specific services, e.g., project planning, task management, communication management, risk management, stakeholder management, budget management, reporting]
- [Specify deliverables, e.g., project plan, status reports, meeting minutes, risk register, budget reports]
2. Project Scope
The scope of the Project is defined as follows:
- [Describe the project objectives, deliverables, and timeline]
- [Specify any exclusions or limitations]
3. Fees and Payment
Client shall pay Contractor a fee of [Amount] for the Services, payable as follows:
- [Describe payment schedule, e.g., 50% upfront, 25% at completion of key milestones, 25% upon project completion]
- [Specify late payment penalties]
4. Term and Termination
This Agreement shall commence on the date first written above and shall continue for a period of [Duration] (the “Term”).
The Agreement may be terminated by either party upon [Number] days’ written notice to the other party in the event of a material breach of this Agreement by the other party which is not cured within such notice period.
This Agreement may be terminated by either party immediately upon written notice to the other party in the event of the other party’s insolvency, bankruptcy, or dissolution.
5. Confidential Information
Each party agrees to hold in confidence all Confidential Information of the other party disclosed hereunder. “Confidential Information” means any information disclosed by one party to the other party, whether orally, in writing, or electronically, that is designated as confidential or that, by the nature of the circumstances surrounding the disclosure, ought to be treated as confidential.
6. Intellectual Property
All intellectual property rights in and to the Services and Deliverables shall be owned by [Specify ownership, e.g., Client, Contractor, or joint ownership].
7. Warranties and Disclaimers
The contractor makes no warranties, express or implied, concerning the services or deliverables, including, without limitation, any warranties of merchantability, fitness for a particular purpose, or non-infringement.
8. Indemnification
Each party agrees to indemnify and hold harmless the other party from and against any claims, losses, damages, liabilities, costs, and expenses (including reasonable attorneys’ fees) arising out of or relating to a breach of this Agreement by such party.
9. Limitation of Liability
In no event shall either party be liable to the other party for any indirect, incidental, consequential, punitive, or special damages arising out of or relating to this agreement, even if such party has been advise of the possibility of such damages.
10. Governing Law and Dispute Resolution
This Agreement shall be govern by and construed under the laws of the State of [State]. Any dispute arising out of or relating to this Agreement shall be settle by binding arbitration following the rules of the American Arbitration Association.
11. Entire Agreement
This Agreement constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior or contemporaneous communications, representations, or agreements, whether oral or written.
12. Amendments
This Agreement may be amend only by a writing sign by both parties.
13. Notices
All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given when delivered personally, sent by certified or registered mail, return receipt requested, postage prepaid, or sent by overnight courier, addressed as follows:
If to Client:
- [Client Name]
- [Client Address]
If to Contractor:
- [Contractor Name]
- [Contractor Address]
