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Support and Maintenance Agreement means an Agreement for the provision of support and maintenance services in respect of one or more Products.
A software maintenance agreement, or SMA, is a legal contract that obligates the software vendor to provide technical support and updates for an existing software product for their customers. It may also extend the expiration date of certain features, such as new releases or upgrades.
Software maintenance as a product does NOT include the creation, design, implementation, integration, etc. of a software package. These examples are considered software maintenance as a service.
A maintenance contract ensures that, no matter what the time or what the situation, you will have an expert available to resolve the problem. This provides a safeguard that in-house staff may not be able to offer, since it is often not cost-effective to maintain round-the-clock expertise for every issue that arises.
Software maintenance is the process of changing, modifying, and updating software to keep up with customer needs. Software maintenance is done after the product has launched for several reasons including improving the software overall, correcting issues or bugs, to boost performance, and more.
Maintenance agreements provide routine maintenance, access to emergency repairs, and constant upgrades to software and your system's hardware. More importantly, the agreement make you a priority and allows you to build a relationship with your maintenance provider.
Maintenance and Support Contracts means the contracts pursuant to which, prior to the Closing Date, Seller has obligations to provide maintenance and support to its customers.
AMC is a maintenance contract or an insurance policy for your technological advancement. It is a software update service for which your company has to pay annually, to the software provider.
The Software maintenance fee is the annual cost that you pay for upgrades and support of the software. The price is typically a percentage of the initial software license fee which is usually between 16-25% of the license cost per year.
A service maintenance contract is a legal agreement between a company and a maintenance service provider. It specifies the terms and conditions of the agreement between the two parties.