1. Description of Services:
A detailed description of the services to be provided should be included in the Master Service Agreement Checklist, including any related tasks and activities. This should include the scope of work, duration, frequency, and expectations for each service.
2. Pricing Structure:
It is important to include a clear pricing structure in the Master Service Agreement Checklist that details how the services are priced and when payment is expected. This should include any applicable discounts, fees, or other charges associated with the work.
3. Intellectual Property Rights:
The checklist should address any intellectual property rights related to the services provided, including trademarks, patents, and copyrights. It should also specify who has ownership rights and what the terms are for using or licensing the work.
4. Confidentiality:
The Master Service Agreement Checklist should include a clause that ensures both parties maintain the confidentiality of any documents and information exchanged during the service agreement. It should also state how and when confidential materials can be used outside the scope of the agreement.
5. Termination:
The checklist should include a clause detailing when and how either party can terminate the service agreement, as well as any applicable fees or penalties that may be incurred during the termination process.
6. Dispute Resolution:
A Master Service Agreement Checklist should include an agreement on how to resolve any disputes that may arise between parties during or after the service agreement. This should include methods such as mediation and arbitration, as well as any applicable laws or regulations.
7. Indemnification:
A Master Service Agreement Checklist should also include an indemnification clause that details which party is responsible for covering any costs related to damages or losses incurred as a result of the services provided.
8. Force Majeure:
Finally, the checklist should include a clause that outlines what will happen in case of an unavoidable event or circumstance beyond either party's control that affects their ability to fulfill the agreement. This could include natural disasters, economic downturns, and pandemics.
