A contractual agreement in which two parties, a client and service provider, agree to terms and conditions that are to govern all transactions between them for the long-term.
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A Memorandum of Understanding (MoU) is a record in which more than two parties acknowledge that they comply on a set of general path of direction or function for the business. This is the basic stage of the building of an MoU. However, an MoU is commonly identified as requisite though it has no authority and responsibility in itself. To be lawfully functional, an MoU should recognise the consenting groups, define the business objectives of the contract, outline the important conditions and get it autographed by the consenting parties.
The Master Service Agreement envelops the complete liaison between the business giver and client, covering all facets of the agreement that is likely to emerge. Such a contract is an advantage for anyone entering a long-standing affiliation with a dealer or client.
A Master Service Agreement facilitates a structure to discuss and work out terms and conditions. So, the same conditions don’t have to be continuously bargained for deals that are identical or related to one and other.
Upon contact, your request to create an MoU will be received and our representative will be in touch with you to take your request forward. If we need more information from your end, we will call you as and when required. After we receive all your details, our in-house lawyers and legal experts, will create the MoU and send it across for your view within 2- 4 business days.
Your original price includes two rounds of iterations. Therefore, if you need any changes done to the MoU, our lawyers will do the needful and send it across to you for your view once again.
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