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Managed Services Master Service Agreement
"I need a Managed Services Master Service Agreement for an IT services company providing cloud infrastructure management and cybersecurity services to a banking client in India, with specific emphasis on data protection and regulatory compliance with RBI guidelines."
1. Parties: Identifies the contracting parties with their full legal names, addresses, and registration details
2. Background: Provides context for the agreement, including the purpose and high-level business relationship
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Scope of Services: Outlines the general scope of managed services to be provided under the agreement
5. Term and Renewal: Specifies the initial term of the agreement and renewal provisions
6. Service Levels and Performance Standards: Establishes the required service levels and performance metrics
7. Charges and Payment Terms: Details the fee structure, payment schedule, and related financial terms
8. Service Provider Obligations: Lists the key responsibilities and obligations of the service provider
9. Customer Obligations: Specifies the responsibilities and obligations of the customer
10. Governance and Change Management: Establishes procedures for contract governance and managing changes
11. Data Protection and Security: Sets out data protection requirements and security standards
12. Intellectual Property Rights: Addresses ownership and usage rights of IP created or used during service delivery
13. Confidentiality: Defines confidential information and establishes protection requirements
14. Limitation of Liability: Specifies liability caps and exclusions
15. Force Majeure: Addresses circumstances beyond parties' control affecting performance
16. Termination: Details grounds for termination and the termination process
17. Exit Management: Specifies procedures for service transition upon contract end
18. Dispute Resolution: Establishes procedures for resolving disputes
19. General Provisions: Contains standard boilerplate clauses including notices, assignment, and governing law
1. Regulatory Compliance: Required when services are subject to specific regulatory requirements (e.g., financial services, healthcare)
2. Business Continuity and Disaster Recovery: Important for critical services requiring specific continuity arrangements
3. Personnel and Key Personnel: Needed when specific personnel commitments or qualifications are crucial
4. Insurance Requirements: Required when specific insurance coverage needs to be maintained
5. Environmental Compliance: Important for services with environmental impact
6. Subcontracting: Necessary when subcontractors may be used in service delivery
7. Asset Management: Required when physical or IT assets are part of the service delivery
8. Innovation and Continuous Improvement: Useful for long-term relationships requiring service evolution
9. Anti-Bribery and Corruption: Important for compliance with specific anti-corruption requirements
10. Information Security Management: Required for services involving sensitive data processing
1. Schedule 1 - Service Descriptions: Detailed descriptions of each service to be provided
2. Schedule 2 - Service Levels: Detailed SLA metrics, measurement methods, and remedies
3. Schedule 3 - Charges: Detailed pricing, rate cards, and charging mechanisms
4. Schedule 4 - Governance Procedures: Detailed governance framework including meeting schedules and escalation procedures
5. Schedule 5 - Change Control Procedure: Detailed process for managing changes to services or agreement
6. Schedule 6 - Security Requirements: Detailed security policies and procedures
7. Schedule 7 - Exit Plan: Detailed transition out procedures and requirements
8. Schedule 8 - Form of Work Order: Template for individual work orders under the master agreement
9. Appendix A - Technical Requirements: Technical specifications and requirements
10. Appendix B - Key Personnel: Details of key personnel assigned to the services
11. Appendix C - Approved Subcontractors: List of approved subcontractors if applicable
12. Appendix D - Reports: Templates and requirements for service reporting
Authors
Information Technology
Telecommunications
Financial Services
Healthcare
Manufacturing
Retail
Professional Services
Energy and Utilities
Education
Transportation and Logistics
Real Estate
Media and Entertainment
Legal
Procurement
Information Technology
Operations
Finance
Risk and Compliance
Commercial
Vendor Management
Service Delivery
Project Management
Chief Information Officer
Chief Technology Officer
Head of Procurement
Legal Counsel
Contract Manager
Service Delivery Manager
Operations Director
Commercial Director
Chief Financial Officer
IT Director
Procurement Manager
Vendor Manager
Risk Manager
Compliance Officer
Project Manager
Account Manager
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