Software Development Agreement
Agreement between a tech company and a development contractor covering deliverables, milestones, code ownership, and acceptance criteria.
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Defines the software development services, required deliverables, project specifications, milestone dates, dependencies, and delivery obligations.
Sets out the compensation model, payment schedule, invoice requirements, expense reimbursement rules, taxes, and consequences for late payment.
Assigns all rights, title, and interest in custom code, documentation, designs, and related work product to the company upon payment or creation, as applicable.
Establishes objective testing criteria, review periods, rejection procedures, cure rights, deemed acceptance rules, and limits on included revisions.
Requires protection of confidential information, source code, credentials, business data, customer data, and security-sensitive materials disclosed during the project.
Provides limited warranties that the work will conform to specifications, be performed professionally, and not knowingly infringe third-party rights, with post-delivery defect correction obligations.
Allows termination for cause and, if selected, convenience, while addressing final payments, handover of code, return of materials, and transition support.
Allocates risk for claims, damages, IP infringement, confidentiality breaches, and disputes, including liability limits and forum or dispute resolution procedures.
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Frequently asked questions
Who should use a software development agreement?
Does this agreement transfer ownership of the code to the company?
Why are acceptance criteria important?
What should be included in the warranty and bug-fix period?
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