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Retainer Model Contract
"I need a Retainer Model Contract for my IT consulting firm based in Manila to provide ongoing technical support services to a multinational corporation, including monthly maintenance, emergency support, and quarterly system audits, with the agreement starting March 1, 2025."
1. Parties: Identification of the service provider and the client, including full legal names, addresses, and business registration details
2. Background: Context of the agreement and brief description of the parties' business relationship
3. Definitions: Key terms used throughout the agreement defined for clarity and legal certainty
4. Scope of Services: Detailed description of the services to be provided under the retainer arrangement
5. Term and Renewal: Duration of the retainer agreement and conditions for renewal
6. Retainer Fees and Payment Terms: Monthly/periodic retainer amount, payment schedule, and invoicing procedures
7. Rights and Obligations: Specific responsibilities and obligations of both parties under the agreement
8. Service Standards: Expected quality and standards of service delivery
9. Confidentiality: Provisions for handling confidential information and trade secrets
10. Termination: Conditions and procedures for ending the agreement
11. Governing Law: Specification of Philippine law as governing law and jurisdiction
12. Entire Agreement: Integration clause confirming the contract as the complete agreement between parties
1. Additional Services: Terms for services beyond the retainer scope, used when the agreement may require occasional extra work
2. Performance Metrics: Specific KPIs and performance standards, included when measurable outcomes are part of the agreement
3. Intellectual Property Rights: IP ownership and licensing terms, needed when services involve creative or technical works
4. Data Protection: Specific data handling and privacy requirements, required when personal data processing is involved
5. Non-Compete: Restrictions on competitive activities, included when protecting business interests is crucial
6. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term retainers
7. Insurance Requirements: Specific insurance coverage requirements, important for high-risk services
8. Dispute Resolution: Alternative dispute resolution procedures, recommended for high-value contracts
1. Schedule A - Detailed Service Specifications: Comprehensive list and description of services covered under the retainer
2. Schedule B - Fee Structure: Detailed breakdown of retainer fees, additional service rates, and payment terms
3. Schedule C - Key Personnel: List of key team members assigned to provide the services
4. Schedule D - Service Level Agreement: Specific performance metrics, response times, and service standards
5. Schedule E - Compliance Requirements: Specific regulatory or industry compliance requirements applicable to the services
6. Appendix 1 - Communication Protocol: Procedures for regular communications, reporting, and escalation
7. Appendix 2 - Change Request Form: Standard form for requesting changes to services or terms
Authors
Applicable Law
Additional Services
Business Day
Client
Confidential Information
Deliverables
Effective Date
Fees
Force Majeure Event
Initial Term
Intellectual Property Rights
Key Personnel
Material Breach
Notice
Personal Data
Professional Standards
Renewal Term
Retainer Fee
Retainer Period
Services
Service Hours
Service Location
Service Provider
Service Standards
Scope of Work
Term
Termination Date
Working Hours
Recitals
Definitions
Scope of Services
Term and Duration
Retainer Fees
Payment Terms
Service Provider Obligations
Client Obligations
Service Standards
Performance Metrics
Additional Services
Key Personnel
Confidentiality
Data Protection
Intellectual Property
Warranties and Representations
Limitation of Liability
Indemnification
Insurance
Force Majeure
Termination
Notice Requirements
Assignment
Non-Compete
Non-Solicitation
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendment
Waiver
Relationship of Parties
Compliance with Laws
Counterparts
Survival
Legal Services
Professional Services
Management Consulting
Information Technology
Marketing and Advertising
Accounting and Finance
Business Process Outsourcing
Healthcare Services
Engineering Services
Creative Services
Human Resources
Environmental Consulting
Real Estate Services
Technical Support Services
Legal
Procurement
Finance
Human Resources
Operations
Compliance
Project Management
Administration
Risk Management
Commercial
Business Development
Contract Administration
Legal Counsel
Contract Manager
Procurement Manager
Business Development Manager
Chief Financial Officer
Human Resources Director
Operations Manager
Compliance Officer
Project Manager
Professional Service Provider
Managing Partner
Chief Executive Officer
Administrative Director
Risk Manager
Commercial Director
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