Agreement for Services between Telamon-IMS, Inc. and Telocity Corporation dated October 6, 1999. 7 pages
West Virginia Services Agreement between Telamon-IMS, Inc. and Velocity Corporation is a legally binding contract that outlines the terms and conditions for the provision of services in the state of West Virginia. Telamon-IMS, Inc. and Velocity Corporation, two reputable companies in the technology industry, have entered into this agreement to define their working relationship and ensure transparency and efficiency in the services they offer in West Virginia. The key terms included in the West Virginia Services Agreement are as follows: 1. Parties: This section identifies Telamon-IMS, Inc. and Velocity Corporation as the two parties involved in the agreement. 2. Scope of Services: This clause describes the specific services that Telamon-IMS, Inc. will provide to Velocity Corporation within West Virginia. It may include software development, technical support, infrastructure management, network security, and other related services. 3. Service Level Agreement (SLA): This section outlines the performance metrics and quality standards to be adhered to during the delivery of services. It sets expectations for uptime, response times, and resolution times, ensuring that both parties have a clear understanding of the desired service levels. 4. Duration and Termination: This clause specifies the start and end dates of the agreement, along with conditions for early termination. It also includes provisions for renewal or extension of the agreement. 5. Fees and Payment Terms: Here, the agreement details the financial aspects of the services provided. It covers the pricing structure, invoicing frequency, payment methods, and any applicable taxes or additional charges. Responsible for bearing the service costs are also defined. 6. Intellectual Property Rights: This section addresses the ownership and protection of intellectual property developed during the provision of services. It clarifies whether Telamon-IMS, Inc. or Velocity Corporation will retain ownership of any software, ideas, or proprietary information created during their collaboration. 7. Confidentiality: This clause ensures that both parties maintain the confidentiality of any sensitive information shared between them during the agreement. It includes guidelines for handling confidential data, non-disclosure obligations, and limitations on sharing such information with third parties. 8. Indemnification and Liability: This section outlines the responsibilities of each party in the event of a breach of contract or any other unforeseen circumstances. It defines the limitations of liability and any indemnification provisions, protecting both parties from potential legal issues. 9. Governing Law and Jurisdiction: This clause specifies that the agreement is governed by the laws of West Virginia and any disputes arising from the agreement will be resolved within the state's courts. Different types of West Virginia Services Agreement between Telamon-IMS, Inc. and Velocity Corporation may exist depending on the specific services being provided, such as a Software Development Services Agreement, IT Infrastructure Services Agreement, Network Security Services Agreement, or Technical Support Services Agreement. These types may have slight variations in the terms and conditions, reflecting the nature of the services being delivered. By creating a detailed and comprehensive West Virginia Services Agreement, Telamon-IMS, Inc. and Velocity Corporation establish a solid foundation for their business collaboration, ensuring a mutually beneficial and professional working relationship.
West Virginia Services Agreement between Telamon-IMS, Inc. and Velocity Corporation is a legally binding contract that outlines the terms and conditions for the provision of services in the state of West Virginia. Telamon-IMS, Inc. and Velocity Corporation, two reputable companies in the technology industry, have entered into this agreement to define their working relationship and ensure transparency and efficiency in the services they offer in West Virginia. The key terms included in the West Virginia Services Agreement are as follows: 1. Parties: This section identifies Telamon-IMS, Inc. and Velocity Corporation as the two parties involved in the agreement. 2. Scope of Services: This clause describes the specific services that Telamon-IMS, Inc. will provide to Velocity Corporation within West Virginia. It may include software development, technical support, infrastructure management, network security, and other related services. 3. Service Level Agreement (SLA): This section outlines the performance metrics and quality standards to be adhered to during the delivery of services. It sets expectations for uptime, response times, and resolution times, ensuring that both parties have a clear understanding of the desired service levels. 4. Duration and Termination: This clause specifies the start and end dates of the agreement, along with conditions for early termination. It also includes provisions for renewal or extension of the agreement. 5. Fees and Payment Terms: Here, the agreement details the financial aspects of the services provided. It covers the pricing structure, invoicing frequency, payment methods, and any applicable taxes or additional charges. Responsible for bearing the service costs are also defined. 6. Intellectual Property Rights: This section addresses the ownership and protection of intellectual property developed during the provision of services. It clarifies whether Telamon-IMS, Inc. or Velocity Corporation will retain ownership of any software, ideas, or proprietary information created during their collaboration. 7. Confidentiality: This clause ensures that both parties maintain the confidentiality of any sensitive information shared between them during the agreement. It includes guidelines for handling confidential data, non-disclosure obligations, and limitations on sharing such information with third parties. 8. Indemnification and Liability: This section outlines the responsibilities of each party in the event of a breach of contract or any other unforeseen circumstances. It defines the limitations of liability and any indemnification provisions, protecting both parties from potential legal issues. 9. Governing Law and Jurisdiction: This clause specifies that the agreement is governed by the laws of West Virginia and any disputes arising from the agreement will be resolved within the state's courts. Different types of West Virginia Services Agreement between Telamon-IMS, Inc. and Velocity Corporation may exist depending on the specific services being provided, such as a Software Development Services Agreement, IT Infrastructure Services Agreement, Network Security Services Agreement, or Technical Support Services Agreement. These types may have slight variations in the terms and conditions, reflecting the nature of the services being delivered. By creating a detailed and comprehensive West Virginia Services Agreement, Telamon-IMS, Inc. and Velocity Corporation establish a solid foundation for their business collaboration, ensuring a mutually beneficial and professional working relationship.