A Custom Software Development Agreement is a legally binding contract between a software development company and the customer. The agreement outlines the work-product to be completed and agreed-upon timeline, as well as payment terms and conditions. It also defines any intellectual property (IP) rights associated with the project, including any proprietary code or software. This agreement ensures that both parties have a clear understanding of what will be delivered, and when it will be delivered – in order to ensure a successful project outcome!