Asset Management Services Agreement (Ontario)

Prepare an Asset Management Services Agreement with this template for the Province of Ontario, between a company which finances the acquisition and lease of computer hardware and a company which provides asset management and disposal services (supplier). Provisions of the Agreement include:

• Responsibilities of the supplier include receipt and disposition, inspection, testing, reconfiguration, storage, shipping and transportation of the computer hardware and peripherals.
• The supplier will invoice the financing company monthly.
• The financing company does not guarantee any particular volume of business.
• All products remain the property of the financing company while they are in the possession or control of the supplier. All risk of loss and responsibility for insurance lie with the supplier.
• All responsibility for complying with the terms of software licenses lies with the financing company.
• The initial term is guaranteed and neither party can terminate except for substantial breach of the terms of the agreement.

This Ontario Asset Management Services Agreement is provided in MS Word format, and can be easily edited to fit your circumstances.