Party A: ABC Corporation
123 Business Ave, Suite 100
New York, NY 10001
Party B: XYZ Enterprises
456 Commerce St, Floor 5
Los Angeles, CA 90001
Date: January 15, 2024 | Effective Date: February 1, 2024
1. PURPOSE AND SCOPE
This Business Contract ("Agreement") is entered into between Party A and Party B for the provision of professional services as outlined in Schedule A attached hereto. The term of this Agreement shall commence on the Effective Date and continue for a period of twelve (12) months unless earlier terminated in accordance with the provisions herein.
| Service Item | Quantity | Unit Price | Total |
|---|
| Consulting Services | 160 hours | $150.00 | $24,000.00 |
| Implementation Support | 80 hours | $175.00 | $14,000.00 |
| Training & Documentation | 40 hours | $125.00 | $5,000.00 |
| Subtotal: | $43,000.00 |
2. PAYMENT TERMS
Party B agrees to pay Party A the total contract value of Forty-Three Thousand Dollars ($43,000.00) in accordance with the following schedule: (a) 50% upon execution of this Agreement; (b) 25% upon completion of Phase 1 deliverables; and (c) 25% upon final acceptance of all deliverables.
3. CONFIDENTIALITY
Both parties acknowledge that they may have access to confidential and proprietary information. Each party agrees to maintain the confidentiality of such information and not disclose it to any third parties without prior written consent.
4. TERMINATION
Either party may terminate this Agreement with thirty (30) days written notice. In the event of termination, Party B shall pay for all services rendered up to the termination date.
5. GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of the State of New York, without regard to its conflict of law principles.
_______________________
Party A Signature
Date: ___________
_______________________
Party B Signature
Date: ___________