Maine Master Development Agreement

State:
Multi-State
Control #:
US-ET0320AM
Format:
Word; 
Rich Text
Instant download

Description

This form is a model adaptable for use in internet, technology and computer business. Adapt the form to your specific needs and fill in the information. Don't reinvent the wheel, save time and money.
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FAQ

What to include in an MSA. Scope of work. Set some general expectations for the type of work that will be performed. Payment terms. ... Allocation of risk. ... Intellectual property rights. ... Nondisclosure agreement. ... Dispute resolution. ... Termination clause. ... Representations and warranties.

The master services agreement should state the party that will assume the risk. Out Clauses/Causes for Termination of the Agreement: Businesses do split up, so the MSA should detail how the parties would handle this. Project Management: State who is in charge.

What should be included in an MSA? Definition of the parties' respective roles and responsibilities. ... Description of the services to be provided. ... Detailed pricing structure. ... Termination clause. ... Confidentiality provision. ... Indemnification clause. ... Dispute-resolution clause.

Overall, a checklist for a standard master service agreement includes the following provisions: #1 Deliverables. The parties determine who will deliver what, when, where, and how. #2 Geography. ... #3 Commercials. ... #4 Quality control. ... #5 Intellectual property use. ... #6 Confidentiality. ... #7 Warranty. ... #8 Limitation of liability.

An example of a master agreement is a master services agreement, which governs the terms between a service provider and client. Typically, clients will use Statements of Work that point back to the master agreement so they don't have to recreate a new contract with new terms each time there is a new project.

Master Agreement (MA means a document that establishes a price agreement for use by state agencies with a vendor for supplying specific goods and services at specific unit prices during a specified time period.

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Maine Master Development Agreement