Tag: Contracts

Resources
May 19, 2022
When two businesses enter into a service transaction, they sometimes execute a Master Services Agreement (“MSA”). You can think of an MSA as a “master” contract that establishes the foundations of the parties’ current and future contractual activities. MSAs provide terms that govern each subsequent transaction between the parties—such as payment terms, warranties, dispute resolution, and termination provisions.
Resources
March 24, 2022
Many businesses contract with Information Technology Service companies (“ITS”) to help manage their business internally and to also help manage the business with their external customers. ITS companies assist with the design, build, delivery, operation, and control of information technology. Unfortunately, we have found it is often the case that businesses will contract with an ITS company without carefully reviewing the terms and conditions of their service agreements. Further, businesses do not know what they should be looking for or how to redline (revise) such agreements before they execute them. And if these business relationships go sour, businesses are stuck