Company Letterhead
{{company_name}} {{company_address}} Phone: {{phone}} Email: {{email}} Website: {{website}}
MASTER PROFESSIONAL SERVICES AGREEMENT
This Master Professional Services Agreement ("Agreement") is made and entered into on this {{Day}} day of {{Month}}, {{Year}} ("Effective Date"), By and Between:
{{client_company_name}}, a company duly incorporated under the laws of {{client_jurisdiction}}, with its principal place of business at {{client_company_address}} (hereinafter referred to as "Client");
AND
{{service_provider_company_name}}, a company duly incorporated under the laws of {{service_provider_jurisdiction}}, with its principal place of business at {{service_provider_company_address}} (hereinafter referred to as "Service Provider").
Client and Service Provider are hereinafter collectively referred to as the “Parties” and individually as a “Party”.
1. PURPOSE
This Agreement sets forth the general terms and conditions under which the Service Provider will provide various professional services to the Client. Specific services, deliverables, timelines, and fees shall be detailed in separate Statements of Work ("SOWs") or Work Orders, which shall be incorporated by reference into this Agreement.
2. SCOPE OF SERVICES
The Service Provider agrees to perform the professional services as described in individual SOWs or Work Orders issued under this Agreement. Each SOW or Work Order shall specify, at a minimum, the services to be performed, deliverables, completion dates, and applicable fees.
Any changes or additions to the scope of services must be agreed upon in writing by both Parties through an amendment to the respective SOW or Work Order.
3. FEES AND PAYMENT
Client agrees to pay Service Provider fees as set forth in each SOW or Work Order. Unless otherwise specified, all invoices shall be due and payable within {{payment_terms_days}} days of the invoice date.
Late payments may be subject to interest at a rate of {{late_payment_interest_rate}}% per month or the maximum rate permitted by law, whichever is lower.
All fees are exclusive of any applicable taxes, duties, or levies, which shall be borne by the Client.
4. TERM AND TERMINATION
This Agreement shall commence on the Effective Date and shall continue until terminated by either Party in accordance with the provisions herein.
Either Party may terminate this Agreement for convenience by providing {{notice_period_days}} days' written notice to the other Party.
Either Party may terminate this Agreement immediately upon written notice if the other Party materially breaches any provision of this Agreement and fails to cure such breach within {{cure_period_days}} days after receiving written notice thereof.
5. CONFIDENTIALITY
Both Parties acknowledge that during the course of this Agreement, they may have access to confidential information of the other Party. Confidential information shall include, but not be limited to, business plans, financial information, client lists, trade secrets, and proprietary technology.
Each Party agrees to maintain the confidentiality of all such information and not to disclose it to any third party without the prior written consent of the disclosing Party, nor to use it for any purpose other than the performance of obligations under this Agreement. This obligation shall survive the termination of this Agreement for a period of {{confidentiality_survival_years}} years.
6. INTELLECTUAL PROPERTY
Unless otherwise specified in an SOW, all intellectual property rights arising from the services performed by the Service Provider under this Agreement shall belong to the Client upon full payment of the applicable fees. The Service Provider agrees to assign all such rights to the Client.
The Service Provider warrants that the services and deliverables provided will not infringe upon the intellectual property rights of any third party.
7. INDEMNIFICATION
Each Party agrees to indemnify, defend, and hold harmless the other Party, its officers, directors, employees, and agents from and against any and all claims, liabilities, damages, losses, and expenses, including reasonable attorneys' fees, arising out of or in connection with its breach of this Agreement, gross negligence, or willful misconduct.
8. GOVERNING LAW AND DISPUTE RESOLUTION
This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_jurisdiction}}.
Any dispute, controversy, or claim arising out of or relating to this Agreement, or the breach, termination, or invalidity thereof, shall be settled by negotiation between the Parties. If the dispute cannot be settled through negotiation within {{negotiation_period_days}} days, the Parties agree to first attempt to settle the dispute by mediation. If mediation fails, the dispute shall be submitted to arbitration in accordance with the rules of {{arbitration_body}}.
9. ENTIRE AGREEMENT
This Agreement, together with any SOWs or Work Orders incorporated herein by reference, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether written or oral.
Signature Block
IN WITNESS WHEREOF, the Parties hereto have executed this Master Professional Services Agreement as of the Effective Date.
____________________________ {{client_company_name}} By: ________________________ Name: {{client_signatory_name}} Title: {{client_signatory_title}}
____________________________ {{service_provider_company_name}} By: ________________________ Name: {{service_provider_signatory_name}} Title: {{service_provider_signatory_title}}
Related templates
Preliminary Acceptance of Product for Resale
This template is used by a reseller to formally acknowledge the preliminary acceptance of a product from a supplier, prior to final acceptance and payment. It outlines the terms of acceptance, inspection, and any initial discrepancies.
Diligence Confidentiality Protocol
Protocol governing handling, distribution, and destruction of confidential diligence materials.
Diligence Findings Memo
Internal diligence findings memo with material issues and recommended deal adjustments.
Non-Disclosure Agreement (Mutual M&A)
Mutual NDA tailored for M&A discussions with non-solicit and standstill optional.