PRODUCT DEVELOPMENT AGREEMENT
A product development agreement between a provider and a client, ready to customize, send, and e-sign.
PREPARED FOR
Acme Co
PREPARED BY
Northwind Studio
DATE
August 18, 2026
PRODUCT DEVELOPMENT AGREEMENT
An engineering build agreement between Northwind Studio and Acme Co covering software product development, delivery, and IP assignment.
PREPARED FOR
Acme Co
PREPARED BY
Northwind Studio
DATE
August 18, 2026
Northwind Studio
PRODUCT DEVELOPMENT AGREEMENT
This agreement is entered into by Northwind Studio (the "Developer") and Acme Co (the "Client") for the design and development of the software product defined in the attached specification. All source code, technical documentation, and deployment artifacts are assigned to the Client upon final payment.
TEAM
4 FTE
Cross-functional pod dedicated to the build.
SPRINTS
8 × 2wk
Sixteen weeks with demo at every sprint close.
DELIVERY
V1 launch
Production-ready product with 30 days of hypercare.
The Client wishes to engage the Developer to build a software product that meets the requirements captured in discovery. The Developer holds the engineering capacity, tooling, and delivery process to build and ship that product to production. This agreement supersedes any prior verbal or written understanding on the same subject.
Northwind Studio
PRODUCT DEVELOPMENT AGREEMENT
The build runs across three phases. Each closes with a working deployment, a written summary, and a review meeting with the Client's product owner.
PHASE 1 · TECHNICAL DISCOVERY
Requirements refinement, architecture design, data model, third-party integration plan, and a signed-off technical specification with acceptance criteria per user story.
PHASE 2 · BUILD SPRINTS
Eight two-week sprints delivering the agreed user stories. Each sprint closes with a stakeholder demo, a deployment to staging, and a signed acceptance log before the next sprint plan is committed.
PHASE 3 · LAUNCH AND HYPERCARE
Production deployment, monitoring and alerting setup, runbook handoff, and 30 days of hypercare covering defect fixes, performance tuning, and support for the Client's engineering team.
Not included:ongoing hosting and third-party service fees, marketing site build, mobile native app, and post-hypercare maintenance retainer. New scope can be added in writing at any time.
Northwind Studio
PRODUCT DEVELOPMENT AGREEMENT
The build is a fixed-fee engagement billed against the three phases. Line items below map to the phases in the scope of work.
| Item | Rate | Qty | Amount |
|---|---|---|---|
| Technical discovery and architecture | $18,000 | 1 | $18,000 |
| Build sprints (8 × 2 weeks) | $128,000 | 1 | $128,000 |
| Launch and 30-day hypercare | $14,000 | 1 | $14,000 |
| Total | $160,000 | ||
| Milestone | Share | Amount |
|---|---|---|
| On signature | 25% | $40,000 |
| End of Sprint 4 | 35% | $56,000 |
| Production launch | 30% | $48,000 |
| End of hypercare | 10% | $16,000 |
Invoices are due within 15 days. The engagement runs approximately 20 weeks from kickoff, subject to the start month you provide on the acceptance page.
Northwind Studio
PRODUCT DEVELOPMENT AGREEMENT
To proceed, complete the fields below and sign. This agreement is valid for 30 days from the date on the cover.
PRODUCT WORKING TITLE
TARGET LAUNCH WINDOW
CLIENT
Acme Co
DEVELOPER
Northwind Studio
The Product Development Agreement Template is a five-page document for putting your engagement on paper before it starts. It carries a cover, an overview with stat cards, a three-phase scope of work, an investment table with a computed total, and an acceptance page with inputs and signatures.
It is intentionally simple: rename what needs renaming in Bonsai, list your actual deliverables, and set the price. Merge fields handle the client details and date, and the last page collects the acceptance inputs and both signatures.
Everything below comes pre-configured. Turn sections on or off, edit the copy, or add your own — Bonsai remembers your choices for next time.
Can I edit every section? Yes — every heading, paragraph, stat, table row, and signature block is fully editable in Bonsai.
Can I add more pages? Yes — add, reorder, or duplicate pages once the template is open.
Do merge fields auto-fill? Yes — Sender, Receiver, and Date pull from your client contact and the current date automatically.