A Nassau New York Professional Services Agreement is a legal contract entered into between a service provider and a client in Nassau County, New York, outlining the terms and conditions related to the purchase and licensing of consulting and development services. This agreement typically includes detailed exhibits covering maintenance, escrow, and hosting arrangements. The maintenance exhibit outlines the responsibilities and procedures associated with the ongoing support and maintenance of the consulting and development services provided. It includes provisions related to bug fixes, system updates, troubleshooting, and other related support activities. The terms of maintenance, including response times, service level agreements (SLAs), and escalation procedures, are clearly defined to ensure effective and efficient support. The escrow exhibit plays a crucial role in safeguarding both the service provider and the client's interests. It serves as an agreement between the parties and a third-party escrow agent to hold the source code, documentation, and other intellectual property rights related to the consulting and development services in escrow. The escrow agreement outlines the conditions under which the code can be released to the client, such as in the event of the service provider's bankruptcy, failure to meet contractual obligations, or other agreed-upon triggers. Additionally, the hosting exhibit addresses the hosting and infrastructure requirements necessary to provide the consulting and development services. It covers aspects like server specifications, security measures, data backup and recovery procedures, uptime guarantees, and any additional hosting-related responsibilities or costs. This exhibit ensures that both parties are aware of their respective obligations and expectations regarding the hosting environment. Here are some relevant keywords associated with a Nassau New York Professional Services Agreement: — Consulting service— - Development services — Purchase agreemen— - Licensing agreement — Service provide— - Client - Nassau County, New York — Maintenancexhibitbi— - Escrow exhibit - Hosting exhibit — Support anmaintenancenc— - Bug fixes - System updates — Troubleshootin— - Service level agreements — Escrow agen— - Source code - Intellectual property rights Bankruptcytc— - Failure to meet contractual obligations — Hosting requirement— - Server specifications — Security measure— - Data backup and recovery — Uptime guarantee— - Hosting costs