This Project Completion Agreement ("Agreement") is entered into on [Date] by and between:
[Client's Full Name/Company Name] ("Client"), located at [Client's Address], and
[Your Full Name/Company Name] ("Service Provider"), located at [Your Address].
1. Project Description The project titled [Project Name] ("Project") was initiated on [Start Date] and involved the following scope of work:
[Brief Description of the Project Scope]
[Additional Details or Milestones]
2. Final Deliverables The following deliverables have been completed and provided to the Client as of the date of this Agreement:
[List of Final Deliverables]
[Any Additional Documentation Provided]
3. Acknowledgment of Completion The Client hereby acknowledges receipt of the above-listed deliverables and agrees that they meet the agreed-upon specifications and quality standards as detailed in the initial project agreement dated [Original Agreement Date].
4. Final Payment The total cost of the Project was [Total Amount], of which [Amount Paid] has been paid to date. The remaining balance of [Remaining Balance] is due upon signing this Agreement. Payment should be made via [Payment Method] to [Payment Details].
5. Support and Maintenance The Service Provider agrees to provide the following post-completion support:
[Details of Any Ongoing Support or Maintenance]
[Terms of Service Level Agreements (SLAs) if applicable]
6. Intellectual Property Rights Upon final payment, all intellectual property rights related to the Project, including but not limited to [Specific Rights], shall be transferred to the Client. The Service Provider retains the right to use the Project in their portfolio or for promotional purposes.
7. Confidentiality Both parties agree to maintain the confidentiality of all proprietary or sensitive information shared during the course of the Project, as per the original agreement dated [Original Agreement Date].
8. Termination This Agreement signifies the completion of the Project. Any further work required by the Client will be subject to a new agreement or amendment to this Agreement.
9. Governing Law This Agreement shall be governed by and construed in accordance with the laws of [State/Country].
10. Signatures By signing below, both parties agree to the terms outlined in this Project Completion Agreement.
Project Completion Agreement