Service/Maintenance Contract
The Service/Maintenance Contract documents the details of entitlement provided to a customer for the products bought. Usually shipped/delivered products are covered for a predefined period through a basic warranty. If customers wish to get coverage for repairs beyond the normal warranty period, they normally purchase extended Service Contracts. Service contract is interchangeably referred to as a service agreement as well. Service/Maintenance Contract is also referred to as Service Contract in ServiceMax.