Equipment Maintenance Agreement Template

This equipment maintenance agreement template has 2 pages and is a MS Word file type listed under our production & operations documents.

Sample of our equipment maintenance agreement template:

EQUIPMENT MAINTENANCE AGREEMENT This Equipment Maintenance Agreement (the "Maintenance Agreement") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Service Provider"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [EQUIPMENT OWNER] (the "Client"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, Client is desirous of availing itself of equipment maintenance services provided by the Service Provider. WHEREAS, Service Provider is a qualified provider of equipment maintenance services and is willing to provide such services to Client as per the terms herein. NOW, THEREFORE, in consideration of the mutual covenants and promises hereinafter set forth, the parties hereto agree as follows: ANNUAL RATE FOR SERVICES The annual rate for maintenance is [AMOUNT] and shall be paid in advance in installments of [Installment Amount] each month, beginning on [Date of First Payment] and on the first day of each succeeding month throughout the term hereof, at [Address for Payments], or at such other place as Service Provider may designate from time to time. Any installment payment not made by the [DAY]th day of the month shall be considered overdue and in addition to Service Provider's other remedies, Service Provider may levy a late payment charge equal to [%] per month on any overdue amount. Maintenance calls Service Provider agrees to provide maintenance service including up to [NUMBER] maintenance calls annually and interim calls as required at the installation address specified above on the equipment listed. All charges specified are those currently in effect and are subject to change only at the time of subsequent annual renewal. If the charges are increased, the Client may, as of the effective date of such increase, terminate this Agreement by written notice to the Service Provider. Otherwise, the new charges shall become effective upon the date specified in the renewal invoice. This Agreement is limited to equipment regularly operated during a single eight-hour shift per day, and all Client calls hereunder are restricted to the normal working hours of the Service Provider