{{company_name}}
{{company_address}}
Phone: {{phone}} | Email: {{email}} | Web: {{website}}
Retainer Consulting Agreement
Retainer Consulting Agreement
PARTIES
This Retainer Consulting Agreement ("Agreement") is entered into on this {{day}} day of {{month}}, {{year}}, by and between:
{{client_company_name}}, a company duly incorporated under the laws of {{client_company_jurisdiction}}, with its principal place of business at {{client_company_address}} (hereinafter referred to as "the Client"),
AND
{{consultant_company_name}}, a company duly incorporated under the laws of {{consultant_company_jurisdiction}}, with its principal place of business at {{consultant_company_address}} (hereinafter referred to as "the Consultant").
Alternatively, if the Consultant is an individual:
{{consultant_name}}, an individual residing at {{consultant_address}} (hereinafter referred to as "the Consultant").
RECITALS
WHEREAS, the Client is in need of consulting services in the area of {{area_of_consultancy}};
WHEREAS, the Consultant possesses the necessary qualifications, experience, and expertise to provide such consulting services;
WHEREAS, the Client desires to retain the services of the Consultant on a retainer basis, and the Consultant is willing to provide such services on the terms and conditions hereinafter set forth.
NOW, THEREFORE, in consideration of the mutual covenants and promises herein contained, the parties agree as follows:
SCOPE OF SERVICES
The Client hereby retains the Consultant to provide the following consulting services (hereinafter referred to as "the Services") in the field of {{field_of_consultancy}}:
1. {{service_1_description}}
2. {{service_2_description}}
3. {{service_3_description}}
(Add more as required. Be specific about deliverables and expectations.)
The Consultant shall perform the Services diligently, professionally, and in accordance with generally accepted industry standards and practices.
TERM OF AGREEMENT
This Agreement shall commence on {{start_date}} and shall continue for an initial period of {{initial_term_duration}} (e.g., six months, one year), unless terminated earlier in accordance with the provisions of this Agreement.
This Agreement shall automatically renew for successive periods of {{renewal_period_duration}} unless either party provides written notice of non-renewal at least {{notice_period_days}} days prior to the end of the then-current term.
RETAINER FEES AND PAYMENT
In consideration for the Services provided by the Consultant, the Client shall pay the Consultant a monthly retainer fee of {{currency_symbol}}{{monthly_retainer_fee}} ({{monthly_retainer_fee_words}}) on the {{payment_day_of_month}} day of each calendar month, in advance.
The first retainer payment shall be due on {{first_payment_due_date}}.
In addition to the retainer fee, any agreed-upon out-of-pocket expenses incurred by the Consultant in performing the Services shall be reimbursed by the Client, provided such expenses are pre-approved in writing by the Client and supported by valid receipts.
Payment shall be made via {{payment_method}} to the Consultant's designated bank account: {{bank_account_details}}.
Late payments shall incur interest at a rate of {{interest_rate_percent}}% per annum, calculated daily, from the due date until the date of actual payment.
CONFIDENTIALITY
The Consultant acknowledges that during the course of providing the Services, they may have access to confidential and proprietary information belonging to the Client, including but not limited to {{examples_of_confidential_info}} (e.g., trade secrets, business plans, financial data, client lists, marketing strategies).
The Consultant agrees to keep all such confidential information strictly confidential and not to disclose it to any third party or use it for any purpose other than for the performance of the Services, both during and after the term of this Agreement.
This obligation of confidentiality shall not apply to information that is: (a) publicly available through no fault of the Consultant; (b) rightfully obtained by the Consultant from a third party without restriction on disclosure; or (c) required to be disclosed by law or court order.
INTELLECTUAL PROPERTY
All intellectual property rights, including copyrights, patents, trademarks, and trade secrets, arising from the Services performed by the Consultant under this Agreement shall be the sole and exclusive property of the Client.
The Consultant agrees to assign, and does hereby assign, to the Client all rights, title, and interest in and to any intellectual property created or developed in the course of performing the Services.
TERMINATION
Either party may terminate this Agreement by providing {{notice_period_days_termination}} days' written notice to the other party.
The Client may terminate this Agreement immediately upon written notice if the Consultant breaches any material provision of this Agreement and fails to cure such breach within {{cure_period_days}} days of receiving written notice thereof.
Upon termination of this Agreement, the Consultant shall promptly return to the Client all client property, including all confidential information, documents, and materials.
The Client shall pay the Consultant for all Services rendered and approved expenses incurred up to the effective date of termination.
GOVERNING LAW AND DISPUTE RESOLUTION
This Agreement shall be governed by and construed in accordance with the laws of {{governing_jurisdiction}}.
Any dispute, controversy, or claim arising out of or relating to this Agreement, or the breach, termination, or invalidity thereof, shall be resolved through good faith negotiations between the parties.
If the parties are unable to resolve the dispute amicably, they agree to first attempt to resolve the dispute through mediation facilitated by {{mediation_service}} in {{mediation_location}}.
If mediation is unsuccessful, the dispute shall be finally settled by arbitration in accordance with the rules of {{arbitration_institution}} by one arbitrator appointed in accordance with the said rules. The seat of arbitration shall be {{arbitration_seat}}.
Alternatively, disputes may be submitted to the exclusive jurisdiction of the courts of {{governing_jurisdiction}}.
ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements, whether oral or written, relating to the same.
No modification, amendment, or waiver of any provision of this Agreement shall be effective unless in writing and signed by both parties.
SIGNATURES
IN WITNESS WHEREOF, the parties have executed this Retainer Consulting Agreement as of the date first above written.
FOR THE CLIENT:
_____________________________
By: {{client_authorised_signatory_name}}
Title: {{client_authorised_signatory_title}}
Date: {{client_signature_date}}
FOR THE CONSULTANT:
_____________________________
By: {{consultant_authorised_signatory_name}}
Title: {{consultant_authorised_signatory_title}}
Date: {{consultant_signature_date}}
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