Technical Management Agreement


A technical management agreement is signed between two companies, where one firm takes the help of another which handles all its computer and technical processing requirements like systems management, programming and so on, in return for a sum of money.

Sample Technical Management Agreement

This technical management agreement is made between the CLIENT and the VENDOR on the effective date of August 3, 2011 in Seattle whereby the VENDOR shall be providing the CLIENT technical and management assistance for 1 year starting from the day of signing the contract.

CLIENT DETAILS:

Name: New Age Inc

Address: 832 Sandy Lane, Seattle

Contact number: 378472389

VENDOR DETAILS:

Name: Smith Management Co

Address: 83 Roaring Road, Seattle

Contact number: 384299950

DURATION OF AGREEMENT: 1 year

TERMS AND CONDITIONS:

  • The VENDOR shall provide technology consulting and management and related services with respect to the CLIENT’s business for a period of 1 year.
  • The services that the VENDOR is supposed to give shall include clearing temporary files, checking for viruses, spyware, malware or high-risk behaviour, updating the system’s anti-virus filters and software, analyse system and error logs, check if system is connected to server, updating user information, adding and removing accounts, hardware diagnosis and troubleshooting to name a few.
  • The VENDOR shall have minimum response time to address the problems of the CLIENT and give them top priority.
  • The CLIENT shall pay the VENDOR a sum of $10,000 per month for his services.
  • Any changes to the agreement shall have to agreed upon by both parties.

SIGNATURES:

CLIENT

VENDOR

Category: Management Agreements

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