Dallas Texas Professional Services Agreement is a legal document that outlines the terms and conditions between a client and a professional service provider for the purchase and license of consulting and development services. This agreement is vital in establishing a clear understanding of the rights and responsibilities of both parties involved. The agreement includes several exhibits that provide additional information and specifications related to maintenance, escrow, and hosting. Below are the different types of Dallas Texas Professional Services Agreement: 1. Maintenance Exhibit: This exhibit outlines the specific terms regarding maintenance services for the purchased software or solution. It includes details about the provider's responsibilities in maintaining and updating the product, as well as the client's obligations in reporting and addressing any issues that may arise. This exhibit also defines the duration and frequency of maintenance services. 2. Escrow Exhibit: The escrow exhibit is an important component of the agreement as it safeguards the client's interests in case of unforeseen circumstances such as bankruptcy or inability of the service provider to continue operations. It establishes an escrow account where the source code and related assets are securely held. This exhibit outlines the conditions under which the escrow is released to the client, ensuring they can continue using and maintaining the software. 3. Hosting Agreement Exhibit: In some cases, the client may require the provider to host the software or solution on their behalf. This exhibit specifies the terms relating to the hosting services, including the responsibilities of the provider to ensure reliable access, data security measures, and service level agreements (SLAs). It may also cover topics such as backup and disaster recovery procedures. The combination of these exhibits with the main agreement creates a comprehensive Dallas Texas Professional Services Agreement. It ensures that both parties have a clear understanding of their rights, obligations, and protections when engaging in a consulting and development services relationship.