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Non Refundable Retainer Agreement
"I need a Non-Refundable Retainer Agreement for my management consulting firm to secure a 12-month engagement with a tech startup, starting January 2025, with quarterly payments and specific provisions for urgent response times within 24 hours."
1. Parties: Identifies and provides full details of the service provider and the client
2. Background: Explains the context and purpose of the retainer arrangement
3. Definitions: Defines key terms used throughout the agreement
4. Retainer Terms: Specifies the retainer amount, payment terms, and explicitly states the non-refundable nature
5. Scope of Services: Clearly outlines the services covered under the retainer arrangement
6. Duration and Renewal: Specifies the term of the agreement and any renewal provisions
7. Payment Terms: Details the payment schedule, methods, and handling of additional charges beyond the retainer
8. Non-Refundable Nature: Explicit section detailing the non-refundable nature of the retainer and associated terms
9. Obligations of the Service Provider: Lists the responsibilities and commitments of the service provider
10. Obligations of the Client: Details the client's responsibilities and commitments
11. Termination: Specifies conditions and process for terminating the agreement
12. General Provisions: Includes standard legal provisions such as governing law, notices, and entire agreement
1. Confidentiality: Required when sensitive information will be shared during the service provision
2. Intellectual Property: Needed when the services may involve creation or use of intellectual property
3. Service Level Agreement: Used when specific performance metrics need to be established
4. Insurance and Liability: Important when high-risk or high-value services are being provided
5. Dispute Resolution: Optional detailed procedure for handling disputes, beyond standard court jurisdiction
6. Force Majeure: Important when external factors could significantly impact service delivery
7. Assignment and Subcontracting: Needed when there's possibility of involving third parties in service delivery
1. Schedule 1 - Detailed Service Description: Comprehensive breakdown of services covered under the retainer
2. Schedule 2 - Fee Structure: Detailed breakdown of the retainer fee and any additional charges
3. Schedule 3 - Service Provider's Team: List of key personnel assigned to provide the services
4. Schedule 4 - Service Levels: Specific metrics and standards for service delivery
5. Appendix A - Communication Protocol: Procedures for regular communications and reporting
6. Appendix B - Additional Terms and Conditions: Any supplementary terms specific to the services being provided
Authors
Business Day
Commencement Date
Confidential Information
Retainer Fee
Additional Fees
Services
Service Provider
Client
Initial Term
Renewal Term
Key Personnel
Intellectual Property
Deliverables
Force Majeure Event
Professional Standards
Service Hours
Response Time
Territory
Authorized Representative
Working Hours
Billing Period
Contract Year
Material Breach
Service Level Requirements
Term
Non-Refundable Payment
Scope of Work
GST
Payment Terms
Non-Refundable Retainer
Service Delivery
Scope of Services
Term and Renewal
Termination
Confidentiality
Intellectual Property
Liability and Indemnity
Force Majeure
Assignment
Dispute Resolution
Governing Law
Entire Agreement
Variation
Notices
Severability
Relationship of Parties
Service Provider Obligations
Client Obligations
Insurance
Warranties
Record Keeping
GST and Taxation
Conflicts of Interest
Legal Services
Management Consulting
Financial Services
Information Technology
Creative Services
Professional Services
Business Advisory
Healthcare Consulting
Engineering Consulting
Marketing Services
Public Relations
Architecture
Environmental Consulting
Human Resources
Legal
Finance
Operations
Business Development
Professional Services
Procurement
Contracts Administration
Risk Management
Compliance
Client Services
Managing Director
Chief Executive Officer
Legal Counsel
Contract Manager
Business Development Manager
Consultant
Professional Services Director
Finance Manager
Operations Manager
Project Manager
Account Executive
Senior Partner
Business Manager
Procurement Manager
Department Head
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