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Consultant Retainer Agreement
"I need a Consultant Retainer Agreement for hiring an IT security consultant who will provide ongoing cybersecurity services to our Lagos-based fintech company starting March 2025, with specific provisions for data protection and confidentiality."
1. Parties: Identification of the client and consultant, including full legal names, addresses, and registration details if applicable
2. Background: Context of the agreement and brief description of the parties' intention to enter into a consultancy arrangement
3. Definitions: Key terms used throughout the agreement defined for clarity and consistency
4. Appointment and Scope of Services: Terms of consultant's appointment and detailed description of services to be provided
5. Term and Termination: Duration of the agreement, renewal terms, and circumstances for termination
6. Fees and Payment Terms: Retainer amount, payment schedule, expenses, and invoicing procedures
7. Consultant's Obligations: Key responsibilities, service standards, and performance expectations
8. Client's Obligations: Client's responsibilities including provision of information and resources
9. Independent Contractor Status: Clear statement of consultant's status as independent contractor, not an employee
10. Confidentiality: Protection of confidential information and trade secrets
11. Intellectual Property Rights: Ownership and usage rights of materials created during the engagement
12. Liability and Indemnification: Limitation of liability and mutual indemnification provisions
13. General Provisions: Standard clauses including notices, assignment, entire agreement, and governing law
1. Non-Compete: Restrictions on consultant's ability to work with competitors, used when consultant will have access to sensitive competitive information
2. Non-Solicitation: Prevents consultant from soliciting client's employees or customers, included when consultant will have significant contact with these stakeholders
3. Insurance: Requirements for professional indemnity or other insurance coverage, important for high-risk consultancy services
4. Performance Metrics: Specific KPIs or performance standards, used when consultancy services can be objectively measured
5. Compliance with Specific Regulations: Added when consultancy involves regulated industries or activities
6. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term retainers
7. Data Protection: Specific provisions for handling personal data, required when consultant will process personal information
8. Anti-Corruption: Compliance with anti-corruption laws, important for consultancies involving government or public sector work
1. Schedule A - Scope of Services: Detailed description of specific services, deliverables, and timelines
2. Schedule B - Fee Schedule: Detailed breakdown of fees, rates, and payment terms
3. Schedule C - Key Personnel: List of key consultant personnel assigned to provide services
4. Schedule D - Service Levels: Specific performance standards and metrics if applicable
5. Schedule E - Client Materials and Resources: List of materials, information, and resources to be provided by client
6. Appendix 1 - Confidentiality Agreement: Detailed confidentiality terms and requirements
7. Appendix 2 - Compliance Policies: Relevant client policies consultant must comply with
Authors
Services
Commencement Date
Confidential Information
Client
Consultant
Deliverables
Fee
Force Majeure Event
Initial Term
Intellectual Property Rights
Key Personnel
Client Materials
Professional Standards
Renewal Term
Representatives
Service Levels
Term
Working Day
Affiliate
Applicable Laws
Business Hours
Change Request
Dispute
Good Industry Practice
Invoice
Payment Terms
Project
Reports
Scope of Work
Territory
VAT
Work Product
Consultant Personnel
Milestones
Performance Metrics
Retainer Fee
Termination Date
Client Group
Consultant's Equipment
Expenses
Services
Term
Fees and Payment
Expenses
Invoicing
Independent Contractor Status
Consultant Obligations
Client Obligations
Performance Standards
Key Personnel
Confidentiality
Data Protection
Intellectual Property
Non-Competition
Non-Solicitation
Warranties
Indemnification
Limitation of Liability
Insurance
Force Majeure
Termination
Consequences of Termination
Assignment
Subcontracting
Notice
Amendment
Waiver
Severability
Entire Agreement
Third Party Rights
Governing Law
Dispute Resolution
Compliance with Laws
Anti-Corruption
Tax Compliance
Record Keeping
Audit Rights
Relationship Management
Force Majeure
Variation
Professional Services
Information Technology
Financial Services
Management Consulting
Healthcare
Energy and Oil & Gas
Manufacturing
Real Estate
Education
Telecommunications
Agriculture
Construction
Mining
Retail
Entertainment
Legal
Procurement
Human Resources
Finance
Operations
Compliance
Risk Management
Business Development
Administration
Contract Management
Legal Counsel
Procurement Manager
Human Resources Director
Chief Financial Officer
Operations Manager
Project Manager
Compliance Officer
Business Development Manager
Chief Executive Officer
Contract Administrator
Risk Manager
Department Head
General Counsel
Finance Director
Managing Director
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