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Monthly Retainer Fee Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Monthly Retainer Fee Agreement

"I need a Monthly Retainer Fee Agreement for my Dubai-based digital marketing agency to provide social media management services to a UAE retail chain, with a monthly fee of AED 25,000 and specific KPIs for engagement rates."

Document background
The Monthly Retainer Fee Agreement is essential for businesses operating in the UAE that require ongoing professional services on a regular basis. This document is commonly used when establishing long-term professional relationships where services are provided continuously rather than on a project-by-project basis. It encompasses key elements required under UAE law, including clear service scope definitions, payment structures, and compliance with local commercial regulations. The agreement is particularly valuable for professional service providers who offer regular, recurring services to clients in the UAE market, providing a stable framework for ongoing business relationships while ensuring legal compliance with UAE Civil Code and Commercial Transactions Law.
Suggested Sections

1. Parties: Identification and details of the service provider and client, including their legal status and registered addresses

2. Background: Context of the agreement and brief description of the parties' intention to enter into a retainer arrangement

3. Definitions: Key terms used throughout the agreement, including 'Services', 'Retainer Fee', 'Term', and other relevant definitions

4. Scope of Services: Detailed description of the services to be provided under the retainer arrangement

5. Term and Renewal: Duration of the agreement and provisions for renewal or extension

6. Retainer Fee and Payment Terms: Monthly fee amount, payment schedule, invoicing process, and late payment consequences

7. Service Provider's Obligations: Key responsibilities and commitments of the service provider

8. Client's Obligations: Key responsibilities and commitments of the client

9. Confidentiality: Provisions regarding the protection and non-disclosure of confidential information

10. Termination: Grounds for termination, notice periods, and consequences of termination

11. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for dispute resolution

Optional Sections

1. Intellectual Property Rights: Include when services involve creation of intellectual property or use of existing IP

2. Non-Competition and Non-Solicitation: Include when protecting business interests requires restrictions on competitive activities

3. Force Majeure: Include when specific provisions for unforeseen circumstances are needed

4. Insurance: Include when specific insurance requirements need to be maintained by either party

5. Data Protection: Include when services involve handling of personal or sensitive data

6. Additional Services: Include when there's a need to specify how services beyond the retainer scope will be handled

7. Service Levels: Include when specific performance metrics or service standards need to be maintained

Suggested Schedules

1. Schedule 1 - Scope of Services: Detailed breakdown of services covered under the retainer

2. Schedule 2 - Fee Schedule: Detailed breakdown of the retainer fee, payment terms, and any additional charges

3. Schedule 3 - Service Level Agreement: Specific metrics and standards for service delivery, if applicable

4. Appendix A - Key Personnel: List of key personnel assigned to provide the services

5. Appendix B - Reporting Requirements: Format and frequency of progress reports or other required documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 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

Legal Services

Financial Services

Consulting

Information Technology

Marketing and Advertising

Business Advisory

Healthcare

Real Estate

Education

Relevant Teams

Legal

Finance

Operations

Business Development

Procurement

Commercial

Account Management

Professional Services

Administration

Compliance

Relevant Roles

Legal Counsel

Contract Manager

Business Development Manager

Finance Director

Operations Manager

Managing Partner

Chief Executive Officer

Chief Financial Officer

Procurement Manager

Commercial Director

Project Manager

Account Manager

Business Manager

Professional Services 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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