A service agreement is an agreement between a company (usually referred to as the “principal”) and a service entity (usually referred to as the “service provider”).
The service provider agrees to provide a service to the principal for a fee. The service provider may agree to provide a one-off service for a set fee or continuing services to the principal for a pre-determined length of time for a fee.
As a member, you can request unlimited legal documents to be drafted or reviewed for your business,
including this Service Agreement. Our membership also provides unlimited legal advice
consultations, faster turnaround times and ongoing legal support for an affordable monthly fee.
Learn more about becoming a member today.
LegalVision’s LVDox™ Service Agreement template sets out:
the terms of the relationship;
the rights, responsibilities and obligations of the service
provider and principal; and
business processes such as payment, fees and invoicing.
The document is 7 pages long and contains 12 clauses and 1
schedule.
The LVDox™ Service Agreement is a basic consultancy agreement.
This Service Agreement template is drafted to protect the
interests of the service provider and is intended to set out a
description of the services and the commercial terms (e.g. price
and payment method) at which they will be provided. It is
recommended that the services agreement is entered prior to the
service provider providing the services. This Services Agreement
template also includes the provision of goods that may be ancillary
to the provision of the services.
If your service agreement relationship is more complex, then
it’s important that you have a lawyer assist you in drafting the
following clauses:
an unpaid invoices collection clause;
a confidentiality clause;
the ability for the service provider to be paid on
commission;
a subcontracting clause allowing the principal to restrict the
ability of the service provider to subcontract the services;
a sophisticated dispute resolution clause;
a sophisticated workplace health and safety clause;
a non-compete clause;
a provision to protect your intellectual property and to allow
the service provider to use it, if required; and
additional provisions in related to the rights,
responsibilities and obligations of the service provider and
principal, particularly if agreement has been reached on particular
issues.
Benefits of Choosing LegalVision
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choose LegalVision, you can rest assured we are always here to help you.
We are a commercial law firm with industry-leading client satisfaction scores (read our reviews!)
All of our templates are drafted by qualified lawyers and regularly reviewed.
We have assisted over 250,000 businesses.
You can email or call our team for a free consultation to discuss any legal questions.
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