Master Agreement - coming soon
A Master Agreement is a comprehensive contract that sets the general terms and conditions for a long-term business relationship between two parties. It serves as a foundational agreement under which future transactions or specific projects (often called “Statements of Work” or “Work Orders”) can be carried out without renegotiating the core terms each time.
Key elements typically include:
Scope of the overall relationship
General payment terms and invoicing procedures
Intellectual property rights and confidentiality obligations
Liability, indemnity, and dispute resolution clauses
Termination conditions and governing law
A Master Agreement streamlines future dealings, reduces repetitive paperwork, and helps manage risk by ensuring consistent legal terms across all projects.
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