ParseMe reads service agreements, vendor contracts, and commercial deals — pulling out every material term without a lawyer reading end-to-end.
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Service Agreement
RECITALS & PARTIES
This Master Services Agreement ("Agreement") is
entered into as of January 1, 2026, by and between
Acme Corp, a Delaware corporation ("Client"), and
TechServ LLC, an Oregon LLC ("Provider").
SECTION 3 — TERM & FEES
3.1 Term: 24 months from the Effective Date
3.2 Monthly Fee: $10,000 ($240,000 total value)
3.3 Payment Terms: Net 30 from invoice date
3.4 Auto-Renewal: Yes, successive 12-month terms
SECTION 8 — TERMINATION / LIABILITY
8.1 Either party may terminate with 30 days written notice
8.2 Non-compete: 12 months post-termination
8.3 Limitation of Liability: $500,000 aggregate cap
8.4 Governing Law: State of Delaware
Extracted Data
Every field ParseMe can pull from contracts & agreements.
| Field | Type | Description |
|---|---|---|
| parties | array | All parties with roles (client, vendor, etc.) |
| effective_date | date | Contract start date |
| expiration_date | date | Contract end or expiry date |
| contract_value | number | Total contract value |
| termination_notice_days | number | Days of notice required to terminate |
| non_compete_months | number | Non-compete duration in months |
| liability_cap | number | Liability limitation amount |
| governing_law | string | Governing jurisdiction |
| key_obligations | array | Main obligations of each party |
| auto_renew | boolean | Does the contract auto-renew? |
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