System Ascent

Supply of Service Agreement

This Supply of Service Agreement ("Agreement") is made and entered into by and between:

System Ascent Pte. Ltd., 22 Sin Ming Lane, #06-76, Midview City, Singapore (hereinafter referred to as "Service Provider")

and

The Client, hereinafter referred to as "Client."

WHEREAS, the Service Provider is engaged in providing IT services including but not limited to IT consultancy, configuration management, infrastructure support, and software solutions (the "Services");

WHEREAS, the Client desires to procure certain services from the Service Provider under the terms and conditions stated herein;

NOW, THEREFORE, in consideration of the mutual promises and covenants contained in this Agreement, the parties agree as follows:

1. Services Provided

The Service Provider agrees to provide the following services to the Client:

  • IT Consultancy

  • Configuration Management

  • Infrastructure Support

  • Software Solutions

The specific details of the services, including any additional terms, deliverables, timelines, and milestones, will be outlined in separate Statements of Work ("SOW") to be agreed upon by both parties.

2. Term of Agreement

This Agreement will commence on the Effective Date agreed upon between both parties and will continue uninterrupted unless terminated earlier in accordance with Section 9 of this Agreement. The Agreement may be renewed or extended by mutual written consent of both parties.

3. Fees and Payment Terms

The Client agrees to pay the Service Provider fees as specified in the applicable Statement of Work. Specific payment terms shall be specified and agreed upon between both parties in the SoW or SLA.

4. Responsibilities of the Client

  • Provide all necessary access to personnel, facilities, and equipment required for the Service Provider to perform the Services.

  • Provide accurate and complete information necessary for the Service Provider to deliver the Services effectively.

  • Cooperate with the Service Provider in good faith and respond promptly to any requests for information.

5. Confidentiality

Both parties agree to keep confidential any proprietary or confidential information disclosed during the term of this Agreement. This obligation shall survive the termination of the Agreement.

6. Intellectual Property Rights

  • The Service Provider will retain all intellectual property rights in any work products, materials, or deliverables created in the performance of the Services.

  • The Client will be granted a non-exclusive, royalty-free license to use the work products solely for its internal business purposes.

7. Warranties and Disclaimers

  • The Service Provider warrants that it will perform the Services in a professional manner and in accordance with applicable industry standards.

  • Except as expressly provided herein, the Service Provider makes no representations or warranties, express or implied, concerning the Services and disclaims all other warranties, including any implied warranties of merchantability or fitness for a particular purpose.

8. Limitation of Liability

To the extent permitted by law, neither party shall be liable to the other for any indirect, incidental, special, consequential, or punitive damages arising from this Agreement, even if advised of the possibility of such damages. The total liability of either party shall not exceed the amount paid by the Client to the Service Provider under this Agreement during the twelve (12) months immediately preceding the date of the claim.

9. Termination

  • With or without cause, upon providing written notice to the other party.

  • Immediately, if either party breaches a material term or condition of this Agreement and fails to cure such breach after receiving written notice of the breach.

10. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of Singapore, without regard to its conflict of laws principles. Any disputes arising from or related to this Agreement shall be resolved in the courts of Singapore.

11. Miscellaneous

  • Entire Agreement: This Agreement constitutes the entire understanding between the parties concerning its subject matter and supersedes all prior agreements, understandings, and representations, both written and oral.

  • Amendments: No amendment or modification of this Agreement shall be valid unless made in writing and signed by both parties.

  • Severability: If any provision of this Agreement is determined to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

  • Waiver: No waiver of any term of this Agreement shall be deemed a continuing waiver or a waiver of any other term or provision.

Thank you for choosing System Ascent Pte. Ltd. We look forward to working with you.