Master Services Agreement for AR/VR Studios: What to Include (Customizable Template)

Introduction

In the dynamic world of AR/VR Studios, having a clear Master Services Agreement (MSA) is essential for managing multi-phase projects. It helps in defining the terms of work, approvals, and handoffs between creative teams and clients. This ensures everyone is on the same page, reducing confusion and keeping projects on track. Customize your Master Services Agreement now to suit your needs.

Legal Terms: What Matters Most for AR/VR Studios

IP Ownership

• Ensure that IP ownership transfers only after payment is received. This protects your work and encourages prompt payment.
• Avoid allowing clients to feed your work into AI models without consent. This maintains control over how your creations are used.
• Specify attribution rights. Default to retaining source files and set clear guidelines on when and how attribution should be claimed.

Revision Limits and Acceptance Criteria

• Set limits on the number of revision rounds permitted. This helps manage your time and resources effectively.
• Define clear acceptance criteria for your deliverables. This allows both parties to have a shared understanding of expectations.
• Implement payment milestones based on project phases. This structure ensures funds are released in alignment with project progression.

Scope Creep and Change Orders

• Clearly define triggers for what constitutes a change in scope. This can help prevent misunderstandings about project size and complexity.
• Provide guidance on pricing for additional work. Transparency here avoids surprises for both you and your client.
• Include language on how changes impact the project schedule. Clear timelines can prevent delays and frustration.

Other Helpful Clauses for AR/VR Studios

• Include portfolio rights. Allow yourself to showcase the work done for clients, as it can be vital for future business.
• Consider adding a limitation of liability clause. This protects you from excessive claims that could arise from unforeseen issues.
• Incorporate confidentiality terms to protect sensitive client information.

How Counsel Club Helps

Counsel Club re-imagines legal for startups, freelancers, and creative entrepreneurs. Our platform allows you to search for lawyer-drafted forms for startups, freelancers, content creators, and other creative entrepreneurs. Our platform guides you through modifications, both to the contract and the scope of work. Counsel Club has the most sophisticated drafting tool on the market, and it was designed and developed by lawyers. If you want more help, reach out to a Counsel Club lawyer through our Concierge program. Our legal agent, Amicus, was trained on proprietary legal data to be your best legal assistant. Finally, legal for today, that is fast, protective, and cost effective.

Questions to Ask Amicus

• How can I protect my IP rights in the project?
• What should I include in my revision limits?
• How can I effectively manage changes in project scope?

Closing CTA

Ready to create your Master Services Agreement? Make sure to pair it with detailed SOWs to give you and your clients peace of mind throughout the project. Customize your Master Services Agreement now.