Annual Maintenance Contract

The contract is usually for the period of 1 year and can be extended up to three years or five years as per the mutual understanding of both the parties. Usually the service providers give only service support and would charge separately for every part under AMC.
Service Contracts are agreements between a customer or client and a person or company who will be providing services. For example, a Service Contract might be used to define a work-agreement between a contractor and a homeowner. ... Most often Service Contracts include details such as deadlines and payment agreements.

Contractual Maintenance Agreement Law and Legal Definition. A contractual maintenance agreement is a contract under which a service provider agrees to perform maintenance services. Contracts vary, and may include the costs or servicing and/or materials.