Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Optional Service Contract
"I need an Optional Service Contract for providing on-demand IT support services to multiple corporate clients in India, with strict data protection clauses and the ability to scale services up or down with 48 hours notice, starting from March 2025."
1. Parties: Identification and details of the service provider and service recipient
2. Background: Context of the agreement and relationship between the parties
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of the optional services being offered
5. Service Request Process: Procedure for requesting and accepting services
6. Payment Terms: Pricing, invoicing, and payment conditions for requested services
7. Service Provider Obligations: Responsibilities and commitments of the service provider when services are requested
8. Customer Obligations: Responsibilities and commitments of the customer when using services
9. Term and Termination: Duration of the agreement and termination rights
10. Confidentiality: Protection of confidential information exchanged during service provision
11. Liability and Indemnification: Limitations of liability and indemnification obligations
12. Governing Law and Jurisdiction: Applicable law and jurisdiction for dispute resolution
13. Notice Provisions: Methods and addresses for formal communications between parties
1. Service Levels: Include when specific performance standards need to be maintained
2. Intellectual Property Rights: Include when services involve creation or use of intellectual property
3. Data Protection: Include when personal data processing is involved in service delivery
4. Force Majeure: Include when specific provisions for unforeseen circumstances are needed
5. Insurance: Include when specific insurance requirements are necessary for service provision
6. Non-Competition: Include when protection against competition is required
7. Assignment and Subcontracting: Include when transfer of rights or subcontracting needs to be addressed
8. Warranty: Include when specific service quality guarantees are required
9. Change Control: Include when formal processes for changing service scope are needed
1. Schedule 1 - Service Descriptions: Detailed specifications of each optional service offered
2. Schedule 2 - Rate Card: Detailed pricing structure for different services and service levels
3. Schedule 3 - Service Level Parameters: Specific metrics and standards for service delivery
4. Schedule 4 - Contact Details: Key contacts and escalation matrix for both parties
5. Schedule 5 - Technical Requirements: Technical specifications or requirements for service delivery
6. Appendix A - Service Request Form: Standard form for requesting specific services
7. Appendix B - Report Templates: Standard templates for service reporting and documentation
Authors
Applicable Law
Business Day
Charges
Commencement Date
Confidential Information
Customer
Customer Materials
Deliverables
Effective Date
Force Majeure Event
Good Industry Practice
Intellectual Property Rights
Optional Services
Party/Parties
Personnel
Rate Card
Request for Services
Service Credits
Service Hours
Service Levels
Service Provider
Service Request Form
Services
Service Specification
Standard Rates
Term
Territory
Working Hours
Service Location
Response Time
Quality Standards
Authorized Representative
Service Acceptance
Emergency Services
Scheduled Maintenance
Service Modifications
Performance Reports
Service Materials
Service Scope
Service Requests
Optional Services
Service Levels
Performance Standards
Charges and Payment
Invoicing
Service Provider Obligations
Customer Obligations
Personnel
Subcontracting
Quality Assurance
Reporting
Data Protection
Confidentiality
Intellectual Property
Warranties
Liability
Indemnification
Insurance
Force Majeure
Term and Duration
Termination
Consequences of Termination
Assignment
Change Control
Dispute Resolution
Notices
Governing Law
Entire Agreement
Severability
Waiver
Relationship of Parties
Third Party Rights
Compliance with Laws
Anti-Corruption
Business Continuity
Health and Safety
Environmental Compliance
Information Technology
Professional Services
Consulting
Facilities Management
Healthcare
Education
Manufacturing
Telecommunications
Business Process Outsourcing
Engineering Services
Maintenance Services
Training and Development
Legal
Procurement
Operations
Commercial
Vendor Management
Compliance
Project Management
Service Delivery
Business Development
Risk Management
Finance
Technical Operations
Procurement Manager
Contract Manager
Legal Counsel
Operations Director
Service Delivery Manager
Commercial Manager
Business Development Manager
Account Manager
Vendor Manager
Compliance Officer
Project Manager
Facilities Manager
Department Head
Chief Operating Officer
Risk Manager
Find the exact document you need
Mining Option Agreement
An agreement under Indian law granting exclusive rights to explore and potentially acquire mining rights for a specific mineral property, subject to Indian mining regulations.
Forbearance Agreement Mortgage
An Indian law-compliant agreement that temporarily modifies mortgage terms for borrowers facing financial hardship, establishing revised payment arrangements while preserving the lender's security interests.
Property Options Contract
An Indian law-governed agreement granting the right to purchase specified property at predetermined terms within a set timeframe.
Options Account Agreement
An India-compliant agreement between broker and client establishing terms for options trading account operation under SEBI regulations.
Option To Renew Contract
An Indian law-compliant agreement establishing terms and procedures for contract renewal options, governed by the Indian Contract Act.
Option To Purchase In Lease Agreement
An Indian law-compliant agreement combining property lease terms with an exclusive option for the tenant to purchase the property during a specified period.
Option To Renew Commercial Lease
An Indian law-compliant agreement granting and specifying terms for a commercial tenant's right to renew their existing lease.
Option Agreement Contract
An Indian law-governed agreement granting one party the right to execute a future transaction under specified terms and conditions within a set timeframe.
Property Purchase Option Agreement
An Indian law-governed agreement granting exclusive rights to purchase specified property within a defined period at a predetermined price.
Land Purchase Option Agreement
An Indian law-governed agreement granting exclusive rights to purchase specified land within a set timeframe and price.
Buy Back Option Contract
An Indian law-governed agreement granting the seller the right to repurchase an asset from the buyer under specified terms and conditions.
Optional Service Contract
An Indian law-governed agreement establishing terms for optional, as-needed service provision between a service provider and recipient.
Option Extension Agreement
An Indian law-governed agreement that extends the duration and potentially modifies terms of an existing option agreement between parties.
Extend Lease Agreement
An Indian law-compliant agreement that extends an existing lease term while maintaining or modifying original lease conditions.
Option Cancellation Agreement
An Indian law-governed agreement that terminates an existing option agreement between parties, outlining cancellation terms and mutual releases.
Vehicle Lease Agreement With Option To Purchase
An Indian law-compliant agreement for vehicle leasing with a purchase option, covering lease terms and conditions for eventual vehicle ownership transfer.
Restricted Share Agreement
An Indian law-governed agreement for issuing company shares with restrictions and vesting conditions, ensuring compliance with Companies Act and SEBI regulations.
Option Sales Contract
An Indian law-governed agreement granting the right to buy or sell an asset at predetermined terms within a specified period.
First Refusal Agreement
An Indian law-governed agreement granting one party the priority right to enter into a transaction before third parties, with specified procedures and conditions for exercise.
Single Option Agreement
An Indian law-governed agreement granting one party the right to execute a specific transaction with another party under predetermined terms and conditions.
Repurchase Option Agreement
An Indian law-governed agreement granting the right to repurchase specific assets under predetermined conditions and timeframes.
Non Exclusive Option Agreement
An Indian law-governed agreement granting non-exclusive rights to exercise an option for future transactions or acquisitions, while preserving the grantor's freedom to offer similar options to others.
Lease And Purchase Agreement
An Indian law-governed agreement combining property lease terms with a future purchase option, detailing transition from tenant to owner status.
Equipment Lease Agreement With Option To Purchase
An Indian law-governed agreement for equipment leasing with a purchase option, defining lease terms, maintenance obligations, and purchase conditions.
Company Equity Share Agreement
An Indian law-governed agreement establishing terms and conditions for company equity share ownership, transfer, or issuance, ensuring compliance with Companies Act, 2013.
Cash Payment Agreement
An Indian law-governed agreement establishing terms and conditions for cash payment obligations, including payment schedule, compliance requirements, and regulatory considerations.
Owner Financing Lease Purchase Agreement
An Indian law-governed agreement combining property lease terms with a purchase option and owner financing arrangements.
Purchase And Lease Agreement
An Indian law-governed agreement combining property sale and immediate leaseback arrangements, typically used in commercial real estate transactions.
Owner Finance Purchase Agreement
An Indian law-compliant agreement combining property purchase and seller financing terms, enabling direct property purchase with owner-provided financing.
Lease Option Agreement Contract
An Indian law-governed agreement combining property lease terms with a future purchase option, structured under the Transfer of Property Act and Contract Act.
Short Term Investment Agreement
An Indian law-governed agreement establishing terms for temporary capital investment, including investment amount, returns, and exit provisions.
Seller Financing Purchase Agreement
An Indian law-governed agreement where the property seller provides purchase financing to the buyer, combining elements of both sale and loan agreements.
Option Agreement Intellectual Property
An Indian law-governed agreement granting the right to acquire specified intellectual property rights within a defined period.
Rental Agreement With Option To Purchase
An Indian law-governed agreement combining property rental terms with an option for the tenant to purchase the property under specified conditions.
Option To Lease Agreement
An Indian law-governed agreement granting a potential tenant the exclusive right to lease a property within a specified timeframe under predetermined terms.
Land Option Contract
An Indian law-governed agreement granting exclusive rights to purchase specified land within a set timeframe, subject to agreed terms and conditions.
Lease With Option To Buy Contract
An Indian law-compliant agreement combining property lease terms with a future purchase option, establishing rights and obligations for both leasing and potential property acquisition.
Option Agreement (Real Estate)
An Indian law-governed agreement granting exclusive rights to purchase specified real estate property at predetermined terms within a set timeframe.
Download our whitepaper on the future of AI in Legal
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.