Oakland Michigan Professional Services Agreement is a legally binding document that outlines the terms and conditions between a client and a professional services provider for the purchase and license of consulting and development services. This agreement ensures that both parties are on the same page regarding the scope of work, payment terms, confidentiality, and other important aspects of the project. The agreement usually includes several exhibits that provide additional details and specifications. These exhibits may vary depending on the nature of the project and the specific services being provided. Some common exhibits found in Oakland Michigan Professional Services Agreement are: 1. Maintenance Agreement Exhibit: This exhibit outlines the responsibilities and terms related to ongoing maintenance and support services. It includes details regarding the frequency of maintenance, issue resolution processes, and any service-level agreements (SLAs) that the provider must adhere to. 2. Escrow Agreement Exhibit: This exhibit addresses the protection of source code and intellectual property rights. It typically states that the source code and related assets will be held in escrow, ensuring that the client retains access to these materials in the event of unforeseen circumstances such as bankruptcy or failure to meet contractual obligations by the provider. 3. Hosting Agreement Exhibit: In cases where the services require hosting, this exhibit specifies the terms and conditions related to the hosting environment. It includes details regarding server specifications, security measures, data backup procedures, and downtime allowances. Each of these exhibits is crucial in safeguarding the interests of both parties and ensuring a smooth working relationship. They help define the parameters for support, ownership, and protection of the client's investment in the consulting and development services. With these exhibits, Oakland Michigan Professional Services Agreement offers a comprehensive framework for successful engagement and collaboration between the client and the professional services' provider.