Term Service Agreement Template for India

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Term Service Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Term Service Agreement

"I need a Term Service Agreement for IT support services to be provided by our company to multiple corporate clients in India, with service level commitments and penalties, starting from March 2025."

Document background
The Term Service Agreement is a fundamental commercial contract used in Indian business operations to establish long-term service arrangements between parties. This document type is essential when businesses require ongoing professional services, regular maintenance, continuous support, or recurring deliverables. The agreement, governed by Indian law including the Indian Contract Act 1872 and relevant sector-specific regulations, provides comprehensive coverage of service specifications, performance standards, payment structures, and risk allocation. It's particularly valuable for businesses establishing sustained service relationships requiring detailed service level agreements (SLAs), clear deliverables, and specific performance metrics. The Term Service Agreement includes provisions for contract renewal, service modification, and termination, making it suitable for both straightforward and complex service arrangements in the Indian market.
Suggested Sections

1. Parties: Identification and details of the service provider and service recipient, including registered addresses and company registration numbers

2. Background: Context of the agreement, brief description of the parties' business and purpose of entering into the agreement

3. Definitions: Definitions of key terms used throughout the agreement for clarity and consistency

4. Scope of Services: Detailed description of services to be provided, including deliverables and service standards

5. Term and Renewal: Duration of the agreement, commencement date, and renewal provisions

6. Payment Terms: Service fees, payment schedule, invoicing process, and late payment consequences

7. Service Provider Obligations: Key responsibilities and commitments of the service provider

8. Client Obligations: Key responsibilities and commitments of the client

9. Service Levels: Performance standards, metrics, and measurement methodology

10. Confidentiality: Protection of confidential information and trade secrets

11. Intellectual Property Rights: Ownership and usage rights of pre-existing and created IP

12. Termination: Grounds for termination, notice periods, and consequences of termination

13. Indemnification: Mutual indemnification obligations and processes

14. Limitation of Liability: Caps on liability and excluded losses

15. Force Majeure: Events beyond reasonable control and their impact on obligations

16. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction

17. Notices: Process and addresses for formal communications between parties

18. General Provisions: Standard boilerplate clauses including assignment, severability, and entire agreement

Optional Sections

1. Data Protection and Privacy: Include when personal data processing is involved, detailing compliance with applicable data protection laws

2. Regulatory Compliance: Include for regulated industries specifying compliance requirements and responsibilities

3. Insurance: Include when specific insurance coverage is required for service provision

4. Business Continuity: Include for critical services requiring disaster recovery and business continuity planning

5. Security Requirements: Include when handling sensitive information or systems access is required

6. Audit Rights: Include when client requires right to audit service provider's operations or compliance

7. Personnel Requirements: Include when specific qualifications or security clearances are required for service personnel

8. Change Control: Include for complex services requiring formal process for changes to scope or specifications

9. Exit Management: Include for complex services requiring detailed transition arrangements upon termination

Suggested Schedules

1. Schedule 1 - Service Specifications: Detailed technical and operational specifications of services

2. Schedule 2 - Service Levels and KPIs: Detailed service level agreements, performance indicators, and measurement methods

3. Schedule 3 - Charges and Payment: Detailed fee structure, rate cards, and payment terms

4. Schedule 4 - Form of Change Order: Template for documenting and approving changes to services

5. Schedule 5 - Key Personnel: List of key personnel from both parties responsible for service delivery and management

6. Schedule 6 - Security and Compliance Requirements: Detailed security protocols and compliance requirements

7. Schedule 7 - Transition Plan: Implementation and service transition methodology

8. Appendix A - Contact Details: Contact information for key stakeholders and escalation matrix

9. Appendix B - Required Reports: List and templates of required service reports and their frequency

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Information Technology

Professional Services

Healthcare

Manufacturing

Telecommunications

Financial Services

Education

Facilities Management

Consulting

Engineering

Transportation and Logistics

Real Estate

Media and Entertainment

Research and Development

Energy and Utilities

Relevant Teams

Legal

Procurement

Operations

Finance

Compliance

Risk Management

Commercial

Vendor Management

Project Management

Business Development

Service Delivery

Contract Administration

Supply Chain

Account Management

Relevant Roles

Chief Operating Officer

Procurement Manager

Legal Counsel

Contract Manager

Operations Director

Service Delivery Manager

Vendor Management Specialist

Business Development Manager

Commercial Director

Risk Manager

Compliance Officer

Project Manager

Account Manager

Chief Financial Officer

Supply Chain Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Terms & Conditions On Invoice

Standard Terms & Conditions for commercial invoices under Indian law, outlining key sales terms, payment conditions, and legal provisions.

find out more

Trading Terms Agreement

An Indian law-governed agreement establishing core trading terms and conditions between commercial partners for ongoing business transactions.

find out more

Term Service Contract

An Indian law-governed agreement establishing terms and conditions for ongoing service provision between parties, with defined duration and performance standards.

find out more

Key Man Agreement

An Indian law-governed agreement to retain and protect key employees crucial to company operations, including compensation, insurance, and protective provisions.

find out more

Hosted Services Agreement

An Indian law-governed agreement establishing terms for hosted technology services provision, including service levels, data protection, and compliance requirements.

find out more

Temporary Housing Agreement

An Indian law-governed agreement establishing terms and conditions for temporary residential accommodation, including rent, duration, and occupancy rights.

find out more

Independent Contractor Payment Terms

Indian law-governed document establishing payment terms and conditions for independent contractor engagements, including fee structures and tax compliance requirements.

find out more

Vendor Terms Contract

An Indian law-governed agreement establishing terms and conditions between a vendor and customer for the supply of goods or services.

find out more

Terms And Conditions For Proposal

An Indian law-governed document that sets forth the rules and conditions for submitting and evaluating business proposals.

find out more

Terms And Conditions Consent

An Indian law-compliant document establishing terms of service and obtaining user consent for digital products and services.

find out more

General Terms Agreement

Indian law-governed General Terms Agreement template for establishing comprehensive business relationships between commercial parties.

find out more

Cloud Service Agreement

An Indian law-governed agreement establishing terms for cloud computing services provision, including service delivery, data protection, and compliance requirements.

find out more

Merchant Agreement

An India-governed agreement establishing the commercial relationship between a service provider/platform and merchant, outlining key terms, obligations, and operational procedures.

find out more

Term Service Agreement

An Indian law-governed agreement establishing terms and conditions for ongoing service provision between parties, including service scope, standards, and obligations.

find out more

Terms And Services Agreement

A legal agreement governed by Indian law that establishes the terms and conditions between a service provider and its users, outlining service usage, rights, and obligations.

find out more

Terms And Conditions For Clients

Standard terms and conditions document under Indian law governing service provider-client relationships, outlining key rights, obligations, and operational terms.

find out more

Bill Of Sale With Payment Terms

An Indian law-compliant document that combines a property sale agreement with structured payment terms, formalizing both the transfer of ownership and payment obligations.

find out more

Terms Of Service Contract

An Indian law-governed agreement establishing terms and conditions for digital service provision, ensuring compliance with IT and consumer protection regulations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.