An Annual Maintenance Contract (AMC) is an agreement with a service provider for repair and maintenance of a Product used by the Service User. They can cover anything that your business owns and uses as long as it is a product that can be maintained. This agreement provides that the maintenance services provider will provide regular maintenance to your company under the terms of the contract.
The effective period, services provided, charges and liability shall be specified in the Agreement, as well as how rules of termination.
This document should be carefully read by the Maintenance Contract Service Provider and the Service User.
Both the Maintenance Contract Service Provider and the Service User should sign and return a copy, and once signed, both parties should get a copy. To avoid any future disputes, both parties may wish to have their signatures witnessed.
If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.
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