The MSA will define the scope of the work, payment terms, change orders, dispute resolution, and termination,usually accompanied by a series of Statements of Works or “SOWs” that outline the actual details of each phase of the project. 

MSA is nothing but an Agreement between two or more parties, in which the parties agree to the terms that will govern future transactions or future agreements. A master service agreement allows the involved parties to more quickly negotiate future transactions or agreements, because they can rely on the strong foundation of the master agreement for future business, so that the same terms need not be repetitively negotiated, and you only need to negotiate terms specific to the required deal.

The professional team of Lex Line Legal LLP is determined to minimize your risk and liability by drafting or reviewing MSA/SOWs by maintaining required standards. Although the requirements  may be different in each case, any MSA you/your company will be negotiating  by availing our professional services  may have any or all of the following sections within it:

1.A section on what the MSA’s general terms cover/don’t cover in relation to project-specific agreements such as statements of work

2. Confidentiality Terms
3. Intellectual Property Rights
4. Terms on how, if, and when the relationship can be discussed or disclosed
5. Conditions for how the work will be performed:

• How deliverables will be reviewed, rejected or approved by the client.
• What each party will be responsible for providing and/or maintaining throughout the life of the services relationship
• Consequences/implications of either party not complying to elements of the agreement
• Agreement about non-solicitation of each other’s employees or clients

6. Steps for how legal disputes will be handled
7. Indemnification clauses in case either organization is sued by a third party
8. Warranty/support information for work the firm delivers to the client
9. Insurance and/or security requirements for the service provider (and perhaps even the client) to maintain
10. Expectations for how the money, fees, expenses, payment will work
11. How either party can terminate a given statement of work and  how either party can terminate the MSA, if needed.