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Templates/Acme_MSA_2026.pdf
Normal text

Master Service Agreement

This Master Service Agreement (“Agreement”) is entered into as of the Effective Date by and between Acme Corp and Global Tech Inc. The parties agree to the following terms and conditions:

7. Limitation of Liability

7.1 IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR ANY INDIRECT, INCIDENTAL, OR CONSEQUENTIAL DAMAGES.

7.2 The total cumulative liability of either party arising out of this Agreementshall not exceed the sum of $10,000 USD.

8. Term and Termination. This Agreement shall commence on the Effective Date and continue for a period of one (1) year. Either party may terminate this agreement with 30 days written notice.

9. Confidentiality. Receiving Party shall not disclose the Disclosing Party's Confidential Information to any third party without prior written consent.

Comments (1)
Playbook
Summary

“...shall not exceed the sum of $10,000 USD.”

Legal AIJust now

This fixed cap deviates from the standard playbook. We typically cap liability at fees paid in the prior 12 months.

Suggested Change

...total fees paid by Customer in the 12 months preceding the claim.

SJ
Trusted by modern legal teams
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JD
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Wayne Ent.

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@Sarah can we accept Net 60?
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Sarah (Legal)
Yes, updated the term.

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Acme_MSA_Draft.docx
Liability cap deviates by $500k.
Wayne_NDA.pdf
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