Master Service Agreement

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Master Service Agreement

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A Master Service Agreement (MSA) is a contract that sets out the general terms and conditions that will govern all future transactions or projects between two parties over a specified period. Instead of negotiating new terms for every subsequent engagement, an MSA streamlines the process by establishing overarching legal provisions such as payment terms, intellectual property rights, confidentiality clauses, and dispute resolution mechanisms. This foundational agreement enhances efficiency by eliminating the need to re-draft common clauses for each new statement of work or project order. By creating a standardized framework, MSAs reduce legal complexity, accelerate project initiation, and foster long-term, stable business relationships between companies and their service providers.

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