For a pair (algebra, module) with equidimensional and isolated singularity we establish the existence of a versal henselian deformation. Obstruction theory in terms of an André-Quillen cohomology for pairs is a central ingredient in the Artin theory used. In particular we give a long exact sequence relating the algebra cohomology and the module cohomology with the cohomology of the pair and define a Kodaira-Spencer class for pairs.