Statement of Work by Common Paper
This document is a template for a Statement of Work (SOW) intended to be used in conjunction with a Professional Services Agreement. It provides a structured framework to define key business terms, including the scope of services, deliverables, fee structures, payment terms, and party obligations. The template includes clear instructions and drafting notes to guide users through its customization.
How to set up an agreement
In the section titled “SOW and Agreement”, input details about the Professional Services Agreement you’re using. This SOW is designed to work with the Common Paper Professional Services Agreement.
Review each variable on the Cover Page and fill in your details. Don’t forget to enter your company’s information in the signature block at the end.
Delete any optional variables, choices, or details that do not apply to you.
Delete all [informational text].
Remove this first page.
Send to your counterparty for review and signature.
Professional Services Agreement
SOW
The key business terms of this SOW are as follows:
SOW and Agreement | This SOW [no. XX] (“SOW”) incorporates the Agreement with a Key Terms Effective Date of [ enter Effective Date of Key Terms ] between [ enter official name of Provider on Key Terms ] and [ enter official name of Customer on Key Terms ]. If there is any inconsistency between this SOW and the Agreement, this SOW will control. |
Services | [ Enter a description of the Services to be performed under this SOW. Include details such as key individuals, overall project timeline, milestones, etc. ] |
Deliverables | [Drafting note: Optional variable. If the Services include creating Deliverables, define the Deliverables here. If the SOW does not include Deliverables, delete this entire row.] |
Time of Assignment | [Drafting note: If the Services include Deliverables, pick when IP assignment happens. Delete the one that doesn't apply.] |
Third-Party Materials | [Drafting note: If the Services include Deliverables, pick whether Third-Party Materials can be included in the Deliverables. Delete the one that doesn't apply.] |
Fees | [ Describe fees, whether hourly, by project, by milestone, etc. Also include any pass-through or fractional charges such as for tooling or third-party license fees. ] |
Payment Period | [ Fill in payment terms, e.g., 30 days from Customer’s receipt of invoice ] |
Invoice Period | [ Fill in cadence of sending invoices, e.g., month, quarter, upon acceptance, after each milestone, etc. ] |
SOW Date | [ x ] Date of last signature on this Cover Page |
SOW Term | [Drafting note: Choose and customize one and delete the other.] |
Customer Obligations | [ Fill in Customer's Obligations, e.g., identifying a single point of contact, geographic limitations on use of Deliverables, etc. ] |
Other Changes to Standard Terms | [Drafting note: Optional variable. If no changes to the Standard Terms, delete this entire row.] |
By signing this Cover Page, each party agrees to enter into this SOW as of the SOW Date.
PROVIDER: [official company name] | CUSTOMER: [official company name] | |
Signature | ||
Print Name | ||
Title | ||
Notice Address | ||
Date |
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