Master Service Agreement (MSA) in India – Fast, Hassle-Free & Expert-Backed
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Master Service Agreement (MSA)– Know Before You File
An MSA is an overarching agreement that outlines the terms for future transactions or services between two parties.
Documents Required
Scope of services to be performed
Payment terms
Intellectual property rights
Confidentiality clauses
Liability limitations
Process
Define Relationship Parameters
Clarify the relationship between parties and the services to be offered.
Negotiate Terms
Discuss key provisions such as payment, confidentiality, and liabilities.
Establish Framework
Create a long-term framework for future transactions.
Frequently Asked Questions (FAQs)
An MSA is a framework contract that outlines the general terms and conditions governing the future services or transactions between parties.
MSAs are typically used when entering into long-term business relationships where multiple transactions or services are expected to be provided.
Drafting an MSA typically takes 2-4 weeks, depending on the negotiation process and complexity of terms.
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