Phoenix Arizona Professional Services Agreement is a legally binding contract that outlines the terms and conditions between a client and a service provider for the purchase and license of consulting and development services. It is designed to protect the rights and interests of both parties involved in the agreement. The agreement typically consists of several exhibits that provide additional details and specifics related to maintenance, escrow, and hosting of the purchased services. These exhibits help ensure the smooth and efficient execution of the project and address any potential issues or concerns that may arise during the course of the agreement. 1. Maintenance Agreement Exhibit: This exhibit outlines the scope, responsibilities, and terms related to the maintenance and support services provided by the service provider. It generally includes details about system updates, bug fixes, troubleshooting, and response times for addressing client's maintenance requests. The exhibit may also specify any additional fees or charges associated with ongoing maintenance services. 2. Escrow Agreement Exhibit: This exhibit ensures the protection of the client's investment and intellectual property by establishing an escrow arrangement. It typically involves the appointment of a trusted third party that holds the source code, documentation, and other assets related to the consulting and development services. The exhibit outlines the conditions and circumstances under which the BS crowed materials can be accessed and provides a mechanism for resolving disputes or issues that may arise. 3. Hosting Agreement Exhibit: This exhibit governs the provision of hosting services, where the service provider may offer to host the developed software or applications on their own servers or through a third-party hosting provider. It specifies the hosting requirements, service level agreements, uptime guarantees, security measures, and any associated fees or charges. These exhibits, along with the main Professional Services Agreement, collectively form a comprehensive legal document that governs the relationship between the client and the service provider. They provide clear guidelines and expectations for the successful purchase and licensing of consulting and development services, ensuring a mutually beneficial partnership and project delivery.