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Project Specific Agreement
"I need a Project Specific Agreement for a software development project with our external vendor ABC Tech, covering development of a new CRM system with delivery milestones starting March 2025, including source code ownership and data security provisions."
1. Parties: Identifies and defines the contracting parties
2. Background: Sets out the context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Project Scope: Detailed description of project deliverables and requirements
5. Timeline and Milestones: Project schedule and key delivery dates
6. Payment Terms: Payment schedule, amounts, and conditions
7. Term and Termination: Duration of agreement and termination provisions
1. Change Management: Procedures for handling project changes - recommended for complex projects likely to require modifications
2. Intellectual Property Rights: Ownership and usage rights of project deliverables - essential when project involves creation of IP
3. Service Levels: Performance metrics and standards - necessary for projects with ongoing service components
1. Schedule 1 - Project Specifications: Detailed technical requirements and specifications
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment milestones and amounts
3. Schedule 3 - Project Timeline: Detailed project schedule with milestones
4. Schedule 4 - Key Personnel: List of key team members and their roles
5. Schedule 5 - Service Level Agreement: Detailed performance metrics and remedies (optional)
Authors
Acceptance Criteria
Background IP
Business Day
Change Request
Commencement Date
Confidential Information
Contract Price
Deliverables
Delivery Date
Effective Date
Force Majeure Event
Foreground IP
Good Industry Practice
Intellectual Property Rights
Key Personnel
Milestone
Project
Project Manager
Project Plan
Project Schedule
Representatives
Services
Specifications
Subcontractor
Term
Third Party Materials
Variation
Work Product
Scope of Services
Project Timeline
Payment Terms
Deliverables
Performance Standards
Change Management
Key Personnel
Intellectual Property Rights
Confidentiality
Data Protection
Warranties and Representations
Liability and Indemnification
Insurance
Force Majeure
Termination
Dispute Resolution
Governing Law
Assignment and Subcontracting
Notices
Health and Safety
Compliance with Laws
Quality Assurance
Acceptance Testing
Progress Reporting
Record Keeping
Audit Rights
Relationship of Parties
Entire Agreement
Severability
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