Service Provider Agreement In India

– description of the work to be done – how to determine if the work is completed and if there are important steps – when the payment is released – how the contract can be terminated – what the parties must do in the event of a dispute 6. Privacy. The contractor acknowledges that, during the engagement, it has access to various trade secrets, inventions, innovations, processes, information, registrations and specifications owned or licensed by the company in connection with the operation of its activities, including, but not only, the business and product processes, methods, customer lists, accounts and procedures of the company. The contractor accepts that none of these contracts are disclosed or used in any way, directly or indirectly, either for the duration of this agreement, or at any time after, unless necessary in the context of this cooperation with the company. All files, records, documents, designs, specifications, information, letters, notes, media lists, original/creator graphics, notebooks and other related items relating to the business, whether created by the contractor or transferred in their possession, remain the exclusive property of the company. The licensee will not keep copies of the above without the company`s prior written permission. When the agreement expires or terminates or at the request of the entity, the contractor immediately makes available to the Company all files, records, documents, specifications, information and other objects in its possession or control. In addition, the contractor agrees not to disclose his withholding agreement as an independent contractor or the terms of this contract to third parties without the company`s prior written consent and to preserve at all times the confidentiality of its relationship with the company and the services provided by the company. This agreement is entered into on the date between [ABC companies headquartered in the company) and [the name of service provider XYZ] (hereafter referred to as “contractor”). A written service contract describes the terms of use, including a description of the work, the price of the service, insurance and more.

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