Cloud Service Agreement
Add at the end of Section 5.2: “If Customer does not pay undisputed fees within the Payment Period, Customer will pay interest on the overdue amounts at the rate of 1.5% per month or the maximum rate permitted by Applicable Laws, whichever is less. In addition, Customer will reimburse Provider for all costs of collection (including attorneys’ fees).”
Written to work with the Common Paper standard Cloud Service Agreement.
A Cloud Service Agreement, or CSA, is a contract used to sell cloud software and SaaS products. The CSA specifies business terms like fees and length as well as legal terms like liability and indemnification.
Master Services Agreement, or MSA, is another name for this type of contract. The main difference between them is that an MSA might be used for the sale of all kinds of products and services, from software to catering to consulting. The term CSA is more specific and narrow, while MSA is more generic and wide-ranging.
Common Paper offers a free Cloud Service Agreement that's easy to customize with the language you need.
Customizing a Common Paper agreement is simple. Just copy the sample launguage and paste it into the Other Changes section of your Cover Page.
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Add at the end of Section 5.2: “If Customer does not pay undisputed fees within the Payment Period, Customer will pay interest on the overdue amounts at the rate of 1.5% ...