Common use of Engagement and Statements of Work Clause in Contracts

Engagement and Statements of Work. 1.1 Company engages Supplier to perform services such as [INSERT GENERAL DESCRIPTION SUCH AS “ENGINEERING SERVICES”, “SOFTWARE DEVELOPMENT AND CONSULTING SERVICES”, ETC.], which may include the provision of certain deliverables (collectively, the “Services”) and which are further described in Company Purchase Order (“PO”) and/or Statement of Work (“SOW”) documents executed during the Term (defined below) of this Agreement by an authorized representative from each party. 1.2 Each SOW shall contain: (i) a detailed description of the Services to be performed, (ii) the amount, schedule and method of compensation to be paid to Supplier by Company; and (iii) the term of the SOW, if different from the term of this MSA. Each PO and/or SOW issued pursuant to this Agreement shall be deemed incorporated into and governed by the terms of this MSA, and the Supplier’s provision of Services shall be governed by this MSA as supplemented by the terms of the applicable PO and/or SOW. Where the terms of a PO or SOW conflict with the terms of the MSA, which existed prior to such PO or SOW, the terms of the pre-existing MSA shall prevail, except to the extent that the PO or SOW expressly states that the MSA is to be overridden or modified. No Company financial obligation will arise without issuance of a PO.