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Master Service Agreement

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Prepared for:
[Client Name]

Prepared by:
[Company]

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Master Service Agreement

This Master Service Agreement (hereinafter referred to as the “Agreement”), is made on the effective date [Date]

By and Between

The Company [Company Name], (hereinafter referred to as the “Company”), having its principal place of business at [Address], and;

The Client [Client Name], (hereinafter referred to as the “Customer”), having its principal place of business at [Address]

The Company and the Customer are collectively referred to as “Parties” and “Party” individually

WHEREAS, the Company is undergoing the business of [Business Description]

AND WHEREAS, the Client wishes to avail the services from the Company

NOW, THEREFORE, in consideration to the mutual promises and covenants contained herein the Parties hereby agree as follows:

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Terms and Conditions

1. Services

The Company shall provide the necessary services [List of Services] to the Customer and shall perform them in a prompt manner to have the final product delivered.

2. Pricing

For the performance of the services, the Customer shall pay the Company an amount of [Amount] after the services are rendered.

3. Term

The project will start on the effective date [Date] and will continue for a period of [Number of years/months]. The Company agrees to fulfill the following milestones during the Agreement period:

[Mention the milestones]

4. Termination

Either Party may terminate/cancel this Agreement by written notice to the other Party. In case of breach of the terms and conditions herein by any Party, the Party in breach shall remedy it within [Number of Days] days upon receiving such notice of the breach. Failure to remedy the breach will lead to the termination of this Agreement without prior notice.

5. Representations and Warranty

The Company represents and warrants to enter into this Agreement and provide the services. The Company further agrees and represents that the services rendered are not owned by anyone else without the Company’s knowledge. If the Company does not have any authority, the Company shall have to repay the damages with respect to the project. 

6. Confidentiality

It is agreed upon by both the Parties that any materials and information provided to each other shall be strictly confidential. Both the Parties further agree that any business secrets or confidential information shall not be disclosed to any third parties without written consent.

7. Indeminification

The Customer agrees to indemnify the Company against any claim, damages, cost, loss, expense, or any kind of liability arising by the indemnities in connection with any claims, demands, arising out of this Agreement.

8. Limitation of Liability

Neither Party shall be liable to the other for indirect, special, or consequential damages arising out of this Agreement hereunder, including but not limited to loss of profits or equipment, or other costs.

9. Arbitration

In the event of any dispute arising in and out of this Agreement between the Parties, it shall be resolved by Arbitration. There shall be [Number of Arbitrators] Arbitrators which shall be appointed by [Party Name]. The venue of Arbitration shall be [Venue/Location of Arbitration] and the seat shall be [State]. The Arbitrators' decision shall be final and will be binding on both the Parties.

10. Miscellaneous

Notice: All the approvals notices required hereto by either of the Parties shall be deemed to be given and delivered by international courier or registered email respectively. 
Severability: In the event, any provision of this Agreement is deemed to be invalid or unenforceable, in whole or part, that part shall be severed from the remainder of this Agreement, and all other provisions shall remain in full force and effect as valid and enforceable.
Governing Law: The Parties agree that this Agreement shall be governed by the laws of [State]. In the event the Parties do business in different states, this Agreement shall be governed by the laws of [State].
Entire Agreement: The Parties acknowledge that this Agreement sets forth and represents the entire agreement between both the Parties. If the Parties are willing to change/add/modify any terms, they shall be in writing and signed by both Parties.

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Acceptance and Signature

IN WITNESS THEREOF, the Parties agree to the terms and conditions set forth above as demonstrated by their signatures as follows:

Customer                                                                                                                     Company

Signature

Assign signer 1

Name

Assign signer 1

Date

Assign signer 1

Signature

Assign signer 2

Name

Assign signer 2

Date

Assign signer 2

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