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APPENDIX A MODEL MASTER AGREEMENTMASTER AGREEMENT BY AND BETWEEN COUNTY OF LOS ANGELES AND (CONTRACTOR) FOR ARCHITECTURAL, ENGINEERING, AND RELATED SERVICESAppendix A Model Master Agreement RECITALS
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The term of master agreement refers to the duration or validity period of the contractual agreement made between parties, outlining the terms and conditions of their relationship.
Typically, both parties involved in the agreement are required to file the term of master agreement, often including the parties that are bound by the contract.
To fill out a term of master agreement, parties must provide specific details such as the names of the parties, duration of the agreement, obligations of each party, terms and conditions, and signatures to validate the agreement.
The purpose of the term of master agreement is to establish a clear and legally binding framework for the relationship between the parties, detailing their rights and responsibilities throughout the agreement's duration.
The information that must be reported includes the parties' names, duration of the agreement, specific terms and conditions, financial agreements, and other relevant details necessary for enforcement of the agreement.
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