Software development agreement—pro-customer

Published by a LexisNexis TMT expert
Precedents

Software development agreement—pro-customer

Published by a LexisNexis TMT expert

Precedents
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This agreement is made on [insert date] (the Commencement Date) between the following:

Parties

  1. 1

    [insert supplier name] a company incorporated in England and Wales whose registered number is [insert company number] and whose registered office is at [insert registered office] (Supplier); and

  1. 2

    [insert customer name] a company incorporated in England and Wales whose registered number is [insert company number] and whose registered office is at [insert registered office] (Customer),

each of the Supplier and the Customer being a party and together the Supplier and the Customer are the parties.

Background

    1. (A)

      The Supplier is [an experienced software developer and] [insert the Supplier’s background details and the background to the relevant transaction].

    1. (B)

      The Customer is [insert the Customer’s background details].

    1. (C)

      On the terms of this Agreement, the Supplier will develop software for the Customer, and licence (or procure the licensing of) certain other software applications.

The parties agree:

    1. 1

      Definitions and interpretation

      1. 1.1

        In this Agreement:

        Acceptance

        1. means the successful completion of all Acceptance Criteria for all Acceptance Tests;

        Acceptance Criteria

        1. means,

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Jurisdiction(s):
United Kingdom
Key definition:
Development Agreement definition
What does Development Agreement mean?

An agreement under which a developer agrees with another party to procure construction of works on behalf of that party. Typically, the agreement will include obligations as to cost, quality and time and will also provide for the transfer of an interest in the property.

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