
Adam Frankel
General Counsel · Technology & AI
15+ years as General Counsel to technology, cloud & AI companies
The Common Paper Professional Services Agreement (PSA) is a plain-language, highly structured contract for engaging professional services – for single or multi-project engagements, with or without deliverables. It is part of Common Paper’s widely trusted library of open, lawyer-vetted standard agreements.
The key business terms of this SOW are as follows:
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This is a modular professional services contract consisting of a Cover Page for business terms and an incorporated set of Standard Terms. It includes specific sections for SOW details, a dedicated Key Terms table for legal caps, and an Annex for insurance requirements. It is not a SaaS agreement, as it focuses on the performance of professional services and the creation of deliverables rather than software access.
Use this when you are engaging a consultant or developer for project-based work where you need to define deliverables, acceptance criteria, and specific liability limits. If you are instead providing a recurring software service with no custom work product, use a SaaS Agreement.
| Clause | Name | What it does |
|---|---|---|
| 1.4 | Acceptance | A Deliverable is deemed approved if the Customer does not reject it within the specified Rejection Period. |
| 2.1 | Deliverables | Provider assigns all right, title, and interest in Deliverables to the Customer at the defined Time of Assignment. |
| 4.2 | Payment | Customer must pay the Fees and itemized taxes in U.S. Dollars within the specified Payment Period. |
| 5.1 | Term | This Agreement continues until 12 months have elapsed since the end date of the latest SOW Term. |
| 5.2 | Termination | Either party may terminate immediately if a material breach is not cured within 30 days of notice. |
| 8.1 | Liability Caps | Liability for Increased Claims is limited to the Increased Cap Amount, while other claims use the General Cap Amount. |
| 10 | Insurance | Each party must maintain policies meeting Insurance Minimums for the Agreement term and six months thereafter. |
| 12.6 | Assignment | Customer may assign this Agreement upon notice during a merger or sale of substantially all assets. |
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