What to Include in a Master Service Agreements
Details that need to be included on a Master Service Agreement To obtain a well-drafted master service agreement, there are a few details that need to be mentioned in the agreement. Here is a list of the details that has to be mentioned. Confidentiality The service provider has to ensure that all the data provided by the customer is kept confidential. If the court requests the seller to uncover private data, the service provider will inform the customer and allow the customer to provide a defensive statement to the court. Payment terms The service providers and the customers usually negotiate on the terms related to payment. The instalment completely relies on the dealing power of the customer. Some customers can even prolong this for a span of 6 months. The term mentioned in the master service agreement This demonstrates a term during which both the parties will be in contract with each other. In most cases, both the parties forget about the term of agreement and only concentrat...
Great Article Really, I like This Post—
ReplyDeleteAccounting Services in India
Thank You………