Example_MSA_Global_Services.pdf v1
§ 1 Definitions
“Services” means the technology services described in each Statement of Work. “Customer Data” means all data provided by Customer or its users in connection with the Services.
§ 3 Fees & Payment
Customer shall pay all invoices within fifteen (15) days of receipt. Provider may increase fees at any time upon notice. Late payments accrue interest at 2% per month.
§ 5 Data Protection
Provider may process Customer Data as necessary to provide the Services and may engage subprocessors at its discretion. Provider may transfer Customer Data to any country in which it or its subprocessors operate.
§ 6 Confidentiality
Each party shall keep the other party’s Confidential Information confidential during the term of this Agreement.
§ 7.2 Limitation of Liability
Provider shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits, loss of data, or business interruption. Customer’s liability shall be unlimited.
§ 8 Indemnification
Customer shall indemnify, defend and hold harmless Provider from and against any and all third-party claims arising out of or relating to this Agreement.
§ 10 Term & Termination
This Agreement renews automatically for successive three-year terms unless terminated with twelve (12) months’ prior written notice.
§ 12 Governing Law
This Agreement is governed by the laws of the State of New York. The courts of New York County shall have exclusive jurisdiction.