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Non Refundable Retainer Agreement
"I need a Non-Refundable Retainer Agreement for my consulting firm based in Melbourne, providing strategic business advisory services to corporate clients, with a minimum 6-month commitment starting March 2025 and monthly retainer payments of $10,000."
1. Parties: Identifies and defines the service provider and the client, including full legal names, addresses, and any relevant business/company details
2. Background: Outlines the context of the agreement, including the client's desire to retain the service provider's services and the provider's willingness to provide them
3. Definitions: Defines key terms used throughout the agreement, including 'Retainer Fee', 'Services', 'Term', and other relevant terminology
4. Services: Detailed description of the services to be provided under the retainer arrangement
5. Retainer Fee and Payment Terms: Specifies the non-refundable retainer amount, payment schedule, and explicit acknowledgment of the non-refundable nature
6. Term and Termination: Defines the duration of the agreement and circumstances under which it may be terminated
7. Non-Refundable Nature: Explicit clause detailing the non-refundable nature of the retainer and the reasoning behind it
8. Service Provider's Obligations: Details the obligations and commitments of the service provider under the retainer
9. Client's Obligations: Outlines the responsibilities and commitments of the client
10. Intellectual Property: Addresses ownership and rights to any intellectual property created during the service provision
11. Confidentiality: Provisions regarding the handling of confidential information shared between parties
12. General Provisions: Standard legal provisions including governing law, notices, entire agreement, and amendment procedures
1. Service Level Agreement: Include when specific performance metrics or service levels need to be guaranteed
2. Additional Services: Include when there's a need to specify services available beyond the basic retainer scope and associated fees
3. Conflict Resolution: Include when parties want to specify particular dispute resolution procedures
4. Insurance Requirements: Include when specific insurance coverage needs to be maintained by either party
5. Non-Solicitation: Include when there's a need to prevent either party from soliciting employees or clients
6. Force Majeure: Include when parties want to address circumstances beyond their control that might affect service delivery
7. Assignment Rights: Include when transfer of rights under the agreement needs to be specifically addressed
8. Minimum Commitment: Include when there's a minimum time commitment or minimum service usage requirement
1. Schedule A - Scope of Services: Detailed breakdown of services covered under the retainer
2. Schedule B - Fee Schedule: Detailed breakdown of the retainer fee structure and any additional charges
3. Schedule C - Service Level Metrics: Specific performance metrics and service standards if applicable
4. Schedule D - Key Personnel: List of key personnel assigned to provide the services
5. Appendix 1 - Communication Protocol: Procedures for routine communications and escalation paths
6. Appendix 2 - Required Documentation: List of documents or reports to be maintained or provided during the service
Authors
Business Day
Client
Commencement Date
Confidential Information
Deliverables
Force Majeure Event
GST
Initial Term
Intellectual Property Rights
Key Personnel
Loss
Material Breach
Non-Refundable Retainer Fee
Notice
Parties
Professional Standards
Related Bodies Corporate
Renewal Term
Representatives
Retainer Period
Services
Service Hours
Service Level Requirements
Service Provider
Special Conditions
Term
Territory
Working Hours
Services Scope
Retainer Payment
Non-Refundable Nature
Service Delivery
Payment Terms
GST
Term and Duration
Termination
Service Provider Obligations
Client Obligations
Performance Standards
Intellectual Property
Confidentiality
Data Protection
Liability and Indemnity
Insurance
Force Majeure
Dispute Resolution
Governing Law
Assignment
Variation
Notices
Entire Agreement
Severability
Waiver
Relationship of Parties
Survival
Counterparts
Time of Essence
Legal Services
Management Consulting
Financial Advisory
Professional Services
Creative Services
Information Technology
Business Consulting
Marketing and Public Relations
Executive Coaching
Architecture and Design
Engineering Services
Healthcare Services
Entertainment Industry
Real Estate Services
Legal
Compliance
Business Development
Operations
Finance
Risk Management
Commercial
Professional Services
Client Relations
Contracts Administration
Executive Leadership
Project Management
Chief Executive Officer
Managing Director
Legal Counsel
General Counsel
Contract Manager
Business Development Manager
Professional Service Provider
Consultant
Attorney
Financial Advisor
Creative Director
Project Manager
Account Executive
Operations Manager
Partnership Director
Senior Associate
Principal Consultant
Managing Partner
Chief Financial Officer
Risk Manager
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