Outsourcing Agreement

OUTSOURCING AGREEMENT This Agreement is executed on [effective_date] between [client_name] (hereinafter "the Client") and [vendor_name] (hereinafter "the Vendor"). 1. SCOPE The Vendor shall handle the following function on behalf of the Client: [function_description]. 2. FEES [fee_structure] 3. DATA HANDLING [data_handling_terms] 4. TERM This Agreement shall remain in force for [term_years] years from the effective date. 5. SERVICE STANDARDS The Vendor shall perform the outsourced function to a professional standard consistent with industry practice, and shall promptly notify the Client of any material issue affecting service delivery. IN WITNESS WHEREOF the parties have executed this Agreement on the date first written above. CLIENT VENDOR [client_name] [vendor_name]