Master Service Agreement (MSA)

What is a Master Service Agreement (MSA)?

MSA or Master Service Agreement is a contract made between two or more parties in which they both agree to most of the terms used to govern any future agreements or future transactions.
When do I need this?
A master agreement delineates a schedule of lower-level service agreements, permitting the parties to quickly enact future transactions or agreements, negotiating only the points specific to the new transactions and relying on the provisions in the master agreement for common terms
Do I need a legal expert to assist?
Master Service Agreements can be technical and is usually drawn up by legal experts in the specific field that relates to the Services that will be provided.
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