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Master Service Agreement

What is a Master Service Agreement?

Master Service Agreement is a contract between two or more parties, in which the parties agree to the terms that will govern future agreements and future transactions. It helps the parties to make future agreements and transactions more quickly because they can rely on the strong foundation of the master agreement.

Process Flow

Step 1

Share your requirements

Share your requirements and the list of documents mentioned below.
Step 2

Discussion with the professionals

You can discuss with our professionals and clear your doubts
Step 3

Drafting and sharing of first draft

Our Lawyers would draft co-founders agreement and share the draft with you
Step 4

Review and feedback

The draft would be reviewed for receving feedback
Step 5

Iterations and Final Documents

After receiving feedback draft would be iterated to draft final document
Step 6

Sharing deliverables

We will share First Draft (Soft Copy) and Final Draft (Soft Copy) as deliverables

 

Documents and Information Required

    • Required information
    • Documents required if any

Deliverables

  • First Draft (Soft Copy)
  • Final Draft (Soft Copy)

Why choose Wazzeer?

  • One platform for all your requirements

    Incorporation is just the first step. Wazzeer supports you throughout your journey as an entrepreneur. Log in to get things done efficiently. A dedicated Account Manager offers the required human touch and acts as an advisor to you.

  • Experienced professionals

    Our professionals have at least 5 years of experience and have incorporated thousands of companies among them. The rich experience ensures that the process is smooth and right in the first go.

  • Defined process

    Over the last few years, doing over 500 incorporations, we have defined every step of the process. A virtual process is in place enabling us to deliver hassle free experience for you.

  • Cost Effective

    You pay what you see in the proposal. No surprises or hidden charges.

Frequently Asked Questions

Not really, as once the MSA is signed agreeing to all the terms and condition, then there’s no need of renewing or renegotiate. With the legal terms established, the parties can quickly negotiate individual SOWs that focus on project-specific services and payment terms.

  • Manages Risks.
  • Defined Legal Terms and Conditions.
  • Can Cover Multiple Projects.
  • Clears Future Contract Negotiations.

Service agreements are contracts between 2 parties, it lays foundation of the manner in which services would be provided so that there’s no confusion. This would not only  avoid any confusion but also lead to smooth flow of business.

In India, the Master Service Agreement (MSA) is typically provided by the party that is contracting for services to be performed by another party. This is usually the client or customer who is engaging the services of a vendor or service provider. However, in some cases, the service provider may also provide the MSA for review and negotiation by the client or customer. Ultimately, it is important for both parties to carefully review and negotiate the terms of the MSA to ensure that their respective interests are protected.

A Master Service Agreement contains elements like product warranties, dispute resolution system, the liability of parties, payment terms, and intellectual property.