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Master Repurchase Agreement

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    Master Repurchase Agreement

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    Global Master Repurchase Agreement Definition image/

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Describe your obligations, including the service you must perform to fulfill your obligations under the contract and be as detailed as possible. For example, if you are writing a marketing brochure for a customer, describe the length of the brochure, the purpose of the brochure and establish that you are only responsible for providing the text, and not the layout or design, for the brochure.

Write a termination clause that explains the steps that one or both parties need to take in order to terminate the contract. For example, you may say that either party can terminate the agreement with a written 15-day prior notice to the other party. Also, include payment terms for any work completed to date that the customer is responsible for paying for this portion of the work. Write a dispute clause to establish the handling of a dispute between the two parties. For example, arbitration is one method the parties can agree to in the case where a dispute arises between them.

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