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ContractAgreementforProcessingServices
ThisContractAgreement(the"Agreement")ismadeandenteredintoasof[Date],byandbetween[CompanyName]("Contractor"),acompanyorganizedandexistingunderthelawsof[Country/State],witharegisteredaddressat[Address],and[CustomerName]("Customer"),acompanyorganizedandexistingunderthelawsof[Country/State],witharegisteredaddressat[Address].
1.Services
1.1ContractoragreestoprovidethefollowingservicestoCustomer(the"Services"):
[Listthespecificservicestobeprovided,e.g.,manufacturing,assembly,etc.]
1.2TheServicesshallbeperformedinaccordancewiththespecificationsandrequirementsprovidedbyCustomerfromtimetotime.
2.Term
2.1ThisAgreementshallcommenceontheEffectiveDateandshallcontinueforaperiodof[Duration],unlessterminatedearlierinaccordancewiththetermshereof.
2.2ThePartiesmayextendtheTermofthisAgreementbymutualwrittenconsent.
3.Payment
3.1InconsiderationfortheServicesprovidedunderthisAgreement,CustomershallpayContractorthefollowingamounts:
[Listthepaymentterms,e.g.,fixedfee,hourlyrate,etc.]
3.2Paymentshallbemadewithin[Number]daysafterthereceiptofaninvoicefromContractor.
4.Confidentiality
4.1BothPartiesagreetomaintaintheconfidentialityofallConfidentialInformation(asdefinedbelow)disclosedbyeitherPartytotheotherduringthetermofthisAgreement,excepttotheextentthatsuchinformationisorbecomespubliclyknownthroughnofaultofthePartyinreceiptthereof.
4.2"ConfidentialInformation"meansallinformationdisclosedbyeitherPartytotheother,whetherorallyorinwriting,whichisidentifiedasconfidentialatthetimeofdisclosureorwhichshouldreasonablybeunderstoodtobeconfidential.
5.WarrantiesandRepresentations
5.1ContractorrepresentsandwarrantsthatithastherighttoprovidetheServicesandthattheServiceswillbeperformedinaprofessionalandworkmanlikemanner,inaccordancewiththespecificationsandrequirementsprovidedbyCustomer.
5.2CustomerrepresentsandwarrantsthatithastherighttorequesttheServicesandthatanyinformationprovidedbyCustomertoContractorisaccurateandcomplete.
6.LimitationofLiability
6.1InnoeventshalleitherPartybeliabletotheotherforanyindirect,special,incidental,consequentialorpunitivedamagesarisingoutoforrelatedtothisAgreement,whethersuchdamagesariseincontract,tort,negligence,strictliabilityorotherwise.
6.2TheaggregateliabilityofeitherPartyunderthisAgreementshallnotexceedthetotalamountofpaymentsmadebyCustomertoContractorunderthisAgreement.
7.Indemnification
7.1ContractorshallindemnifyandholdharmlessCustomerfromandagainstanyandallclaims,damages,losses,liabilities,costsandexpenses(includingreasonableattorneys'fees)arisingoutoforrelatedtoanyinjurytoordeathofanypersonordamagetoorlossofanypropertyresultingfromtheperformanceoftheServicesbyContractororitsagentsoremployees.
7.2CustomershallindemnifyandholdharmlessContractorfromandagainstanyandallclaims,damages,losses,liabilities,costsandexpenses(includingreasonableattorneys'fees)arisingoutoforrelatedtoanyinjurytoordeathofanypersonordamagetoorlossofanypropertyresultingfromtheuseoftheServicesbyCustomeroritsagentsoremployees.
8.Termination
8.1ThisAgreementmaybeterminatedbyeitherPartyuponwrittennoticetotheotherPartyiftheotherPartybreachesanymaterialprovisionofthisAgreementandfailstocuresuchbreachwithin[Number]daysafterreceiptofwrittennoticethereof.
8.2ThisAgreementmayalsobeterminatedbyeitherPartyuponwrittennoticetotheotherPartyifthePartiesmutuallyagreetoterminatethisAgreement.
9.GoverningLawandJurisdiction
9.1ThisAgreementshallbegovernedbyandconstruedinaccordancewiththelawsof[Country/State].
9.2AnylegalactionorproceedingarisingoutoforrelatedtothisAgreementshallbebroughtexclusivelyinthecourtslocatedin[Country/State],andbothPartiesherebyconsenttothejurisdictionofsuchcourts.
10.EntireAgreement
10.1ThisAgreementconstitutestheentireagreementbetweenthePartieswithrespecttothesubjectmatterhereofandsupersedesallpri
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