Consultant Retainer Agreement Template for Nigeria

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Key Requirements PROMPT example:

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."

Document background
The Consultant Retainer Agreement is essential for businesses operating in Nigeria that require ongoing professional services from independent consultants or consulting firms. This document is particularly important in the Nigerian business context, where clear distinction between employment and consultancy relationships is crucial for legal and tax purposes. The agreement typically includes comprehensive terms covering service scope, payment structures, confidentiality, intellectual property rights, and dispute resolution mechanisms, all aligned with Nigerian federal and state laws. It's commonly used when a business needs regular access to specialized expertise without creating an employer-employee relationship, and can be customized for various industries and service types while maintaining compliance with Nigerian legal requirements.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Professional Services

Information Technology

Financial Services

Management Consulting

Healthcare

Energy and Oil & Gas

Manufacturing

Real Estate

Education

Telecommunications

Agriculture

Construction

Mining

Retail

Entertainment

Relevant Teams

Legal

Procurement

Human Resources

Finance

Operations

Compliance

Risk Management

Business Development

Administration

Contract Management

Relevant Roles

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

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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