Data Science Project Proposal

DATA SCIENCE PROJECT PROPOSAL

Recitals

WHEREAS Client Name: desires to retain the services of Service Provider Name: to perform data science and analytics services in accordance with the terms set forth below.

WHEREAS Service Provider represents that it has professional experience, personnel, tools, and methodologies to deliver data engineering, statistical modeling, machine learning, data visualization, and related deliverables described in this Proposal.

NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties agree that Service Provider will provide the services described in this Proposal under the following terms.

Project Identification

Scope of Work

Service Provider shall perform the tasks described below. All work will be performed in a professional manner consistent with industry standards for data science engagements. Any changes to scope shall be documented and signed by both parties.

Project Schedule and Milestones

Effective Date:

Due Date:

Due Date:

Due Date:

Payment Terms

Total Fee: . Payment will be made in accordance with the schedule below.

Invoices shall be submitted by Service Provider upon completion of the associated milestone and are due Net days from invoice date. Late payment will accrue interest at % per month or the maximum permitted by law, whichever is lower. Client shall also be responsible for reasonable collection costs and attorneys' fees incurred to collect overdue amounts.

Term and Termination

Term Commencement Date: . Estimated Termination Date: .

Either party may terminate this Proposal for material breach by the other party if the breaching party fails to cure such breach within days after written notice. Either party may also terminate for convenience upon days' prior written notice. Upon termination, Client shall pay Service Provider for all services performed and approved deliverables completed through the effective date of termination, together with reasonable substantiated expenses.

Sections that by their nature should survive termination, including Confidentiality, Ownership of Intellectual Property for completed deliverables, Payment, and Indemnification, shall survive expiration or termination of this Proposal.

Confidentiality

"Confidential Information" means non-public information disclosed by one party to the other that is designated confidential or that reasonably should be understood to be confidential given the nature of the information. Confidential Information includes models, source code, algorithms, training data, business plans, and client data.

Receiving party will (a) use Confidential Information solely to perform obligations under this Proposal, (b) limit access to employees and contractors who have a need to know and who are bound by confidentiality obligations at least as protective as those herein, and (c) not disclose Confidential Information to any third party except as required by law, provided that receiving party gives prompt notice to disclosing party to permit a protective order. Confidential obligations will continue for a period of three (3) years from disclosure, provided that trade secrets and source code shall remain confidential for as long as such information qualifies as a trade secret under applicable law.

Governing Law

This Proposal shall be governed by and construed in accordance with the laws of the State of , without regard to conflict of law principles. The parties submit to the exclusive jurisdiction of the state and federal courts located in that State for disputes arising under this Proposal.

Entire Agreement

This Proposal, including any exhibits and executed change orders, constitutes the entire agreement between the parties with respect to the subject matter and supersedes all prior or contemporaneous oral or written agreements, proposals, and communications. No amendment is effective unless in writing and signed by authorized representatives of both parties.

Additional Provisions

Service Provider will comply with all applicable laws and industry standards in performing services. Client is responsible for providing access to data, documentation, and personnel as reasonably required. Client represents and warrants that it has the rights to provide any data supplied to Service Provider and that such provision does not violate third-party rights.

Acceptance of Proposal

Client acknowledges that by signing below Client agrees to the terms set forth in this Data Science Project Proposal and authorizes Service Provider to commence work as described herein.

Client Acceptance:

Sign Now