Payment Schedule:
- 20% upon requirements gathering
- 20% upon completion of system design
- 20% upon completion of development
- 20% upon completion of testing & QA
- 20% upon completion of training & support
Acceptance Criteria:
The project will be considered complete when:
- All deliverables have been provided as per the agreed specifications
- Successful user acceptance testing (UAT) has been completed
- All training and documentation have been delivered
- Post-implementation support has been provided
Confidentiality:
Both parties agree to maintain the confidentiality of all proprietary information and data exchanged during the course of this project.
Termination:
This agreement may be terminated by either party with 7 days written notice if either party fails to meet their obligations as described.