Master Service Agreement Templates

Guidelines for Utilizing Master Service Agreement Templates

• 1. Define Terms Clearly: Clearly outline the scope of services, deliverables, timelines, and payment terms to avoid misunderstandings. Use straightforward language to ensure both parties fully understand their obligations.
• 2. Specify Termination and Modification Procedures: Include clauses for terminating the agreement and outline the process for making any modifications. This prepares both parties for potential changes in circumstances or requirements.
• 3. Establish Dispute Resolution Mechanisms: Determine in advance how disputes will be resolved. Whether through mediation, arbitration, or litigation, having a plan in place can save time and preserve relationships.