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Retainer For Services Agreement
"I need a Retainer For Services Agreement under Singapore law for my IT consulting firm to provide ongoing technical support and maintenance services to a multinational client, with monthly retainer fees of SGD 15,000 and specific service level agreements for response times, starting from March 2025."
1. Parties: Identification and details of the service provider and client
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of services to be provided
5. Term and Renewal: Duration of the agreement and renewal provisions
6. Fees and Payment Terms: Retainer amount, payment schedule, and billing procedures
7. Obligations of the Parties: Rights and responsibilities of both parties
8. Confidentiality: Protection of confidential information and trade secrets
9. Termination: Conditions and procedures for ending the agreement
10. Governing Law and Jurisdiction: Specification of Singapore law and jurisdiction
1. Non-Compete: Restrictions on competitive activities when protecting business interests is crucial
2. Service Levels: Specific performance metrics and standards for technical or measurable services
3. Intellectual Property: Ownership and rights to created works when creative or technical outputs are involved
4. Data Protection: PDPA compliance requirements when personal data processing is involved
5. Force Majeure: Provisions for unforeseeable circumstances preventing contract performance
6. Insurance: Insurance requirements and coverage specifications when specific risks need to be managed
1. Schedule 1 - Scope of Services: Detailed breakdown of services to be provided under the retainer
2. Schedule 2 - Fee Schedule: Detailed breakdown of retainer fees, payment structure, and additional charges
3. Schedule 3 - Service Level Agreement: Specific performance metrics, response times, and service requirements
4. Schedule 4 - Key Personnel: List of key team members, their roles, and contact information
5. Schedule 5 - Reporting Requirements: Format and frequency of progress reports and performance metrics
Authors
Applicable Law
Business Day
Charges
Commencement Date
Confidential Information
Deliverables
Effective Date
Force Majeure Event
Initial Term
Intellectual Property Rights
Key Personnel
Monthly Retainer Fee
Personnel
Representatives
Renewal Term
Services
Service Hours
Service Levels
Service Location
Service Provider Materials
Singapore Dollars
Term
Termination Date
Working Hours
Term and Duration
Retainer Fees
Payment Terms
Service Levels
Performance Standards
Obligations of Service Provider
Client Obligations
Key Personnel
Confidentiality
Data Protection
Intellectual Property
Warranties
Indemnification
Limitation of Liability
Force Majeure
Termination
Consequences of Termination
Assignment and Subcontracting
Non-Solicitation
Non-Competition
Record Keeping
Audit Rights
Insurance
Notices
Governing Law
Dispute Resolution
Entire Agreement
Variation
Severability
Third Party Rights
Relationship of Parties
Costs
Counterparts
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