by 
The Curious Bag
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Commonly used in a wide variety of situations, a master service agreement is a legal contract detailing the duties and responsibilities of one party to another.
Common Uses
Whenever one party enters into a relationship with another, they may enter into a master service agreement. These can be used in anything from government contractors to website terms of use agreements.
Terms of Use
Websites and web hosting companies commonly include terms of use or limitations of use with their services. These kinds of contracts determine, for example, what the website can do with user gathered info and what rights the user's have when on the site.
Credit Cards
Credit card offers detail what the credit card issuer's responsibilities are to the holder, and what the holder's are to the issuer. Terms of payment on the holder's part, issuer notification procedures and other terms are common.
Government Contractors
Local state and federal government bodies often use master service agreements when hiring private contractors to work for them.
Othe Aspects
Companies that form temporary joint ventures will often use these agreements to detail limitations of liability and financial responsibilities between partners.
Source:
AbleCommerce: Master Service Agreement
Contracts.onecle.com: Sample Master Service Agreement Contact
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