Service Agreement Template India

MASTER SERVICE AGREEMENT

Document ID: TR-2026-MSA-001
Effective Date: [//2026]

Instructions for Use

• Completion: This form must be completed by the authorized representatives of the Service Provider and the Client. Ensure all Annexures are fully populated prior to execution.
• Filing & Retention: Both parties shall retain a fully executed digital or physical copy in a secure archive for a minimum of 7 (seven) years post-termination.
• Mandatory Attachments: Ensure a detailed "Statement of Work" (SOW) is attached as Annexure A and that Non-Disclosure Agreements (NDA) are cross-referenced if applicable.

1. PARTIES

This Agreement is entered into between: Service Provider: [] with its principal office at []. Client: [] with its principal office at [].

2. SCOPE OF SERVICES

The Service Provider agrees to perform the services detailed in Annexure A (the "Services"). Any modifications to the scope must be documented in a written Change Order signed by both parties.

3. TERM AND TERMINATION

• Term: This Agreement shall commence on the Effective Date and continue for a period of [__________] months.
• Termination for Cause: Either party may terminate this agreement with [__________] days' written notice in the event of a material breach by the other party.
• Termination for Convenience: The Client may terminate this agreement with [__________] days' written notice, subject to payment for services rendered up to the date of termination.

4. FEES AND PAYMENT TERMS

• Total Contract Value: INR [________________] (exclusive of applicable GST).
• Payment Cycle: [ ] Monthly [ ] Milestone-based [ ] One-time.
• Late Payments: Invoices not settled within [] days of receipt shall incur interest at []% per annum.

5. CONFIDENTIALITY

Each party agrees to maintain the confidentiality of all proprietary information disclosed during the term of this Agreement and for a period of [__________] years following termination.

6. INTELLECTUAL PROPERTY

• Work Product: All deliverables created specifically for the Client shall be considered "work for hire" and shall vest in the Client upon full payment of fees.
• Pre-existing IP: The Service Provider retains ownership of all tools, methodologies, and IP developed prior to or independent of this Agreement.

7. LIMITATION OF LIABILITY

Except for cases of gross negligence or willful misconduct, the total liability of the Service Provider under this Agreement shall not exceed the fees paid by the Client in the [__________] months preceding the claim.

8. GOVERNING LAW AND DISPUTE RESOLUTION

This Agreement shall be governed by the laws of India. Any disputes arising hereunder shall be subject to the exclusive jurisdiction of the courts in [________________].

EXECUTION

For the Service Provider:
Signature: __________________________
Printed Name: []
Title: []
Date: [//2026]

For the Client:
Signature: __________________________
Printed Name: []
Title: []
Date: [//2026]

Disclaimer: This document is provided as a standardized framework. Consult qualified legal counsel for jurisdiction-specific statutory compliance.