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Retainer Agreement For Consulting Services
"I need a Retainer Agreement for Consulting Services for my IT consulting firm based in Dublin, providing cybersecurity advisory services to financial institutions, with a minimum 12-month commitment starting March 2025 and monthly reporting requirements."
1. Parties: Identifies and provides full details of the consultant and the client
2. Background: Sets out the context of the agreement and the parties' intentions
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules
4. Appointment and Term: Establishes the consultant's appointment, commencement date, and duration of the agreement
5. Scope of Services: Defines the consulting services to be provided under the retainer
6. Consultant's Obligations: Details the consultant's duties, responsibilities, and standard of service
7. Client's Obligations: Outlines the client's responsibilities and commitments
8. Fees and Payment Terms: Specifies retainer fee, payment schedule, expenses, and invoicing procedures
9. Intellectual Property Rights: Addresses ownership and usage rights of any IP created during the engagement
10. Confidentiality: Details confidentiality obligations and handling of sensitive information
11. Data Protection: Addresses GDPR compliance and data handling requirements
12. Liability and Indemnity: Sets out liability limitations and indemnification provisions
13. Termination: Specifies termination rights and procedures
14. Post-Termination: Outlines obligations and rights after agreement termination
15. General Provisions: Contains standard boilerplate clauses including notices, entire agreement, and governing law
1. Service Levels: Include when specific performance metrics or standards need to be met
2. Non-Compete: Include when restricting consultant's ability to work with competitors
3. Insurance: Include when specific insurance requirements need to be maintained
4. Key Personnel: Include when specific individuals are critical to service delivery
5. Change Control: Include when formal processes for changing scope or services are needed
6. Force Majeure: Include when specific provisions for unforeseen circumstances are required
7. Anti-Bribery and Corruption: Include for international engagements or when required by client policy
8. Dispute Resolution: Include when specific dispute resolution procedures are preferred
1. Schedule 1 - Services Description: Detailed description of consulting services to be provided
2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, rates, and payment terms
3. Schedule 3 - Service Levels: Specific performance metrics and standards if applicable
4. Schedule 4 - Key Personnel: Details of key team members and their roles if applicable
5. Appendix A - Data Processing Agreement: Required when personal data processing is involved
6. Appendix B - Acceptable Use Policy: If consultant requires access to client systems or data
Authors
Professional Services
Information Technology
Management Consulting
Financial Services
Healthcare
Education
Manufacturing
Retail
Energy
Telecommunications
Legal Services
Business Services
Engineering
Environmental Services
Human Resources
Legal
Procurement
Finance
Human Resources
Operations
Compliance
Risk Management
Commercial
Business Development
Strategy
Information Technology
Professional Services
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Procurement Manager
Operations Director
Human Resources Director
Project Manager
Management Consultant
Business Analyst
Strategy Consultant
IT Consultant
Financial Consultant
Compliance Officer
Contract Manager
Business Development Manager
Department Head
Managing Director
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