A master service agreement (MSA) is a legally binding contract that dictates the terms and conditions used to govern current and future agreements and dealings between one or more parties. Parties involved in corporate and commercial transactions can benefit greatly from master service agreements because they provide the stability needed for businesses and business relationships to thrive.
To explore MSAs further, contact the experienced Denver Master Service Agreement Lawyers at Sequoia Legal for help.
At Sequoia Legal, we go the extra mile to ensure that our business clients' needs are met promptly. Our business law attorneys understand the burdens and commitments of the business world and work very hard to meet our clients' needs.
Our years of experience in the Denver and Colorado communities make us an optimal choice for businesses as well as entrepreneurs looking to do business or expand their operations in Colorado. If you need to develop, review, or discuss an MSA, reach out to a Denver business law firm with an unparalleled track record in the Denver community and throughout the state.
Various types of MSAs and MSA services exist. Which one is right for your business depends on your goals and business dealings. Regardless of the type you need, our attorneys can provide the airtight service you need.
The MSA is a type of umbrella document that governs future contracts and relations between parties. As such, businesses and entrepreneurs must ensure their MSAs contain terms and conditions that reflect their interests and needs.
At Sequoia Legal, we negotiate fiercely on behalf of our clients when dealing with MSAs. Our process begins with understanding our clients' needs and ends with hard-line negotiations until we get a document that suits those needs.
Our attorneys have the experience necessary to create effective MSAs that adequately reflect our clients' interests. Every line of text in the MSAs they work on is well thought out and fully reflective of the wants and needs of our clients.
Our MSA attorneys are also quite adept at reviewing pre-existing MSAs and evaluating them in light of our clients' current business goals. They can effectively identify potential problems and provide efficient solutions.
MSAs are great at keeping parties in line with contractual provisions. But any master services agreement that cannot be enforced is useless. At Sequoia Legal, we take MSA breaches seriously and work vigorously to ensure their provisions are enforced promptly. Additionally, we also craft MSAs in a way that makes them difficult to breach but not so difficult to enforce.
For help with issues with master services agreements, reach out to Sequoia Legal. Our attorneys are ready to discuss your case and explore your options for moving forward.
MSAs are agreements that provide a binding framework for the future business dealings of two or more parties. They are best suited for parties who contemplate engaging in business with one another on an ongoing basis.
Some of the distinct advantages they offer include:
In other words, MSAs provide a powerful dimension of stability to the business relationship of parties who plan on working together in the future.
When creating a master services agreement, it is important to include specific provisions for the document to be an effective business tool for future service provider agreements. For this reason, it is important to use the services of a skilled business law attorney who understands how to craft MSAs to the benefit of their client.
Well-crafted MSAs should include:
The terms of your MSA should include language dictating who is responsible for the delivery, storage, and receiving of products. It should also stipulate which party is in charge of managing specific projects.
Financial guidelines refer to the money exchanged between two parties. Every successful MSA details precisely how and when payment for goods and services is to take place and in which currency.
Insurance coverage is vital in business dealings and should be dealt with in your MSA. Terms dictating who pays the premiums and the extent of coverage should be added, as well as terms dealing with penalties for nonpayment of premiums.
Smart businesses contemplate errors, accidents, and other things that can go wrong during the course of business. Hence, well-thought-out MSAs should have provisions for backup funding, escrow accounts, and other types of contingency funding. It should also contain provisions for the protection of intellectual property rights as well.
Placing terms that dictate the scope of work in your MSA is a good way to define the roles and responsibilities of the parties involved. Because it is in the MSA, it will apply to future contracts between the parties and thus provide stability and predictability.
Sometimes, parties to a contract need to bring in third parties for various reasons. The guidelines for dealing with these third parties should appear in your MSA, including how to choose the right third party, how much they are paid, and the scope of their duties.
Indemnification clauses are agreements between two parties where one party agrees to pay the other party damages for losses that occur. In an MSA, an indemnification clause can help avoid costly disputes and business litigation.
Adding a noncompete clause to an MSA is a good idea because it prevents parties with ongoing business relationships from becoming competitors against one another. They are especially useful when businesses have long-term relationships with each other.
Non-solicitation clauses are important to prevent one business from poaching employees or partners from another. They are especially important when businesses have long-term arrangements with one another and regularly interact.
Sometimes, unavoidable events occur that cause a party to fail in their contractual duties. A force majeure clause removes liability when this occurs. As such, parties should include one in their MSA to protect themselves from unforeseen circumstances.
Disputes regularly arise in business. For parties with ongoing relationships, a dispute resolution clause in the MSA is a good way to prevent disputes from destroying time, resources, and the underlying business relationship itself.
Change orders occur when some material aspect of a project or agreement must change. They can cause turmoil, but including language in an MSA relating to how to go about implementing change orders can help parties avoid this turmoil.
Termination clauses provide guidance on which actions or events can lead to termination and how termination must take place. They are important so that all parties are treated fairly when an issue of termination comes up.
Let the commercial and corporate attorneys at Sequoia Legal use their years of business law experience to handle your MSA needs. Call our office today for a free consultation.
Our extensive history and experience with all manner of business contracts give our clients peace of mind. When dealing with MSAs and other important business agreements, you can expect every business lawyer on our team to work meticulously to ensure that your business goals and needs are protected in the terms of the MSA we draft or review for you.
What sets Sequoia Legal apart is our:
We also take a long-term interest in our clients' success. Whereas other firms may end their concern for your success after completing an MSA for you, our team remains vested in your future success and growth.
Look no further for a business lawyer master service agreement. Sequoia Legal is the optimal choice for your needs.
Nothing can take the place of seasoned business law attorneys when it's time to deal with MSA issues. Our Denver master service agreement lawyers are ready to explore your case. Take a quick look at who they are.Meet Your Attorneys
Our Denver export compliance law firm has extensive experience with export administration regulations, the FCPA and international trade and can assist clients with developing export control and FCPA compliance programs. We ensure each client follows appropriate FCPA, export control compliance and foreign trade regulations for their industry, and our clients hail from nearly every industry sector. The attorneys at Sequoia Legal have successfully assisted and provided continued guidance for several international companies regarding the internal implementation of FCPA and export compliance plans. These companies employ and engage in various transactions with individuals and companies around the world. To ensure continued compliance with US sanctions laws and regulations following the implementation of the FCPA and export compliance programs, Sequoia Legal has conducted company audits, interviews and internal FCPA training programs. Due to the diligence of the Sequoia Legal team, zero issues or enforcement actions have been taken by the US government against Sequoia's clients for any FCPA or export related matter. An investment in a Sequoia Legal compliance plan has saved our clients time, focus and money.
Companies routinely face complex situations when exporting or doing business internationally. There is a complex set of laws and regulations applicable to the persons, places and products involved in international business. Businesses sometimes end up violating or running afoul of these highly technical and complicated rules. Sequoia Legal has represented various US and foreign companies in conducting internal investigations relating to suspected violations of US sanctions and export controls. Following completion of these internal investigations, where necessary, we have assisted clients in voluntarily disclosing suspected violations to US authorities and have obtained favorable outcomes, including reduced penalties or no penalties. This has allowed our clients to sleep at night and continue to expand and do business internationally in compliance with applicable US law.
Our team at Sequoia Legal regularly helps sellers and buyers of businesses navigate the intricacies of the purchase and sale process to help them achieve their dreams. In this case, Sequoia Legal was brought on by the owners of a local technology company in a sale to a strategic acquirer with a total transaction value in the multiple millions. We successfully negotiated transaction agreements, including due diligence with the buyer and post-closing employment agreements, and closed the transaction within an expedited 30 days period. As part of this process, we helped educate the sellers through their first transaction and work through the emotional roller coaster of selling your business.
And Finding It! Sequoia Legal regularly helps search funds and individuals find, acquire and successfully build new businesses. Our client was a search funder focused on acquiring a company in the professional services industry. We assisted in negotiating several LOI's that fell through, but as a result of that process, we found the right acquisition fit and assisted our client in executing an LOI, conducting due diligence, structuring the deal, negotiating the purchase agreement, working with the SBA and completing a deal that included a cash payment, SBA loan and seller financing with a variable note that reduced if certain revenue metrics were not achieved. We then assisted our client with several "tuck-in" acquisitions to further augment and accelerate the client's goals and exponentially grow revenue.
Andrew Lopez is always there to help. He is professional, responsive and understanding. Thank you Sequoia Legal!
I can't say enough great things about Hunter and Andrew and the Sequoia team. We purchased a small business, and they were efficient, knowledgeable, and direct with their feedback about the deal and its structure and available when we needed them. We hope to do many more transactions with Hunter and Andrew, and the team. If you're looking for great counsel for a business transaction (and I'm sure any other matter they'd represent) - you'll be in great hands working with Sequoia. Bravo!
We trust completely the expert advice and care we receive from Sequoia Legal as they provide their invaluable services to our growing businesses.
When it comes to master service agreements, don't throw caution to the wind, and don't skimp out on the business protection you deserve. If you need help writing, reviewing, or enforcing an MSA, contact the MSA lawyers at Sequoia Legal today to get quality legal assistance that you can depend on.
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The cost to hire an attorney to write a master service agreement varies from case to case and depends heavily on what needs to be done. Generally speaking, a straightforward master services agreement typically cost less. Of course, more complex MSAs will cost more.
Yes. Master service agreements are legally binding if drafted and signed correctly. Hence, failure to abide by the terms of a valid master service agreement can result in significant contractual liabilities, including damages and attorney's fees. For this reason, having an attorney handle your MSA needs is important.
In reality, a master service agreement is a type of contract itself. But an MSA differs from a standard contract in that an MSA typically provides a foundation for the development of future contracts only. On the other hand, standard contracts provide for the exchange of goods and/or services.