Customer Software Development Agreement

Customer Software Development Agreement CUSTOMER SOFTWARE DEVELOPMENT AGREEMENT A Customer Software Development is an agreement between a company/individual and a software developer which outlines terms and conditions in which a software developer develops a piece of software for a company/individual for their use. This agreement provides for payment provisions, the developer transferring all of his/her/its rights to the software developed and a dispute resolution. 1 of 8 Customer Software Development Agreement CUSTOMER SOFTWARE DEVELOPMENT AGREEMENT THIS CUSTOMER SOFTWARE DEVELOPMENT AGREEMENT (the “Agreement”) entered into this ______ day of ________________, 20______, between _________________ (the “Client”) and __________________ (the “Developer”). WHEREAS the Client wishes to obtain the services of the Developer to provide software development services to the Client according to the following terms, provisions and conditions: 1. As requested by the Client and agreed to by the Developer, from time to time, whether in writing, by purchase order, or verbally, the Developer shall provide consulting and software development services on a time and expenses basis to the Client according to the terms of this Agreement. 2. The primary purpose of this Agreement is to continue the computer programming development of a _____________________ software application (the “Project”). 3. The total solution being developed includes: (i) (ii) a _________________ software application that will enable the Client to ______________________; a ___________________________ application server that processes _________________ transactions to and from __________ aggregators . 4. Once the Developer agrees to commence the Project for the Client, the Developer will plan its activities and staffing according to the hours required for the Project. 5. If the Client wishes to reduce the hours required for the Project after the Project has been commenced, the Client must elect that the reduction will not take effect for at least _____ (__) days from the date of notice to the Developer. 6. For the period commencing ____________, 20_____, and continuing until either party has terminated this Agreement in writing, the Client will pay to the Developer a monthly/biweekly sum of _____________ ($________) Dollars. 7. At the end of each month, the Client may request additional payments for the following month based on estimated work efforts required to meet time-sensitive deliverables. 8. The Client will potentially make continued commitments for further work and additional compensation if additional resources are required. 2 of 8 3 9. The Client will reimburse the Developer for any reasonable expenses incurred by the Developer on behalf of the Client. 10. Within _____ (__) days after services are provided by the Developer to the Client, the Client shall pay to the Developer for invoiced services rendered and reasonable expenses incurred on behalf of Client. 11. If at any time following the commencement of the Project by the Developer, should the Client desire a change in the Developer's performance under this Agreement, the Client shall submit to the Developer, a written proposal specifying the desired changes. 12. The Developer will evaluate each such proposal at its standard rates and charges. The Developer shall submit to the Client a written response to each such proposal within ____ (___) business days following receipt thereof. The Developer's written response shall include a statement of the availability of Developer's personnel and resources, as well as any impact the proposed changes will have on the payment to the Developer as set out in Section 6 above, the delivery date or warranty provisions o