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Monthly Retainer Consulting Agreement Template for India

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Key Requirements PROMPT example:

Monthly Retainer Consulting Agreement

"I need a Monthly Retainer Consulting Agreement for my IT consulting firm providing cybersecurity services to an e-commerce company in Bangalore, with strict data protection clauses and the ability to add multiple consultants starting March 2025."

Document background
This Monthly Retainer Consulting Agreement is designed for use in the Indian business context where organizations require ongoing professional consulting services on a regular monthly basis. The document is particularly relevant when establishing long-term consulting relationships that require consistent service delivery and regular payment arrangements. It includes comprehensive provisions addressing scope of services, payment terms, intellectual property rights, and confidentiality obligations, all structured in compliance with Indian contract law and business practices. This agreement type is commonly used when businesses need regular access to specialized expertise without the commitment of full-time employment, offering flexibility while maintaining legal clarity and protection for both parties.
Suggested Sections

1. Parties: Identifies and provides full details of the consulting party and the client, including registered addresses and company registration numbers if applicable

2. Background: Provides context for the agreement and brief description of why the parties are entering into this arrangement

3. Definitions: Defines key terms used throughout the agreement for clarity and consistency

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

5. Term and Renewal: Specifies the initial term of the agreement and conditions for renewal

6. Fees and Payment Terms: Details of the monthly retainer fee, payment schedule, and any additional charges

7. Obligations of the Consultant: Lists the key responsibilities and commitments of the consultant

8. Obligations of the Client: Specifies the client's responsibilities including providing necessary information and access

9. Intellectual Property Rights: Addresses ownership and usage rights of work products created during the engagement

10. Confidentiality: Provisions for protecting confidential information shared during the engagement

11. Termination: Conditions and process for terminating the agreement

12. Limitation of Liability: Defines the extent and limitations of consultant's liability

13. Governing Law and Jurisdiction: Specifies that Indian law governs the agreement and defines jurisdiction for dispute resolution

14. Notices: Specifies how formal communications between parties should be made and delivered

15. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments

Optional Sections

1. Non-Compete: Restrictions on consultant's ability to work with competitors, used when sensitive industry knowledge is involved

2. Non-Solicitation: Prevents consultant from soliciting client's employees or customers, used in client-facing roles

3. Insurance: Requirements for professional indemnity insurance, relevant for high-risk consulting services

4. Force Majeure: Provisions for unforeseen circumstances, particularly relevant post-COVID

5. Data Protection: Specific provisions for handling personal data, required if personal data processing is involved

6. Expenses: Details of reimbursable expenses, needed if travel or other expenses are expected

7. Key Personnel: Identifies specific individuals who will provide the services, useful for specialized consulting

8. Service Levels: Specific performance metrics and standards, relevant for technical or operational consulting

Suggested Schedules

1. Schedule A - Scope of Services: Detailed breakdown of services to be provided, including any deliverables

2. Schedule B - Fee Schedule: Detailed breakdown of fees, including any variable components or additional services charges

3. Schedule C - Key Personnel: Details of main consultant(s) and their qualifications/experience

4. Schedule D - Service Levels: Specific metrics and standards for service delivery if applicable

5. Appendix 1 - Confidentiality Agreement: Detailed confidentiality terms if required beyond main agreement provisions

6. Appendix 2 - Compliance Requirements: Specific regulatory or industry compliance requirements if applicable

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

Information Technology

Management Consulting

Financial Services

Healthcare

Education

Manufacturing

Real Estate

E-commerce

Telecommunications

Professional Services

Digital Marketing

Legal Services

Engineering Services

Business Process Outsourcing

Research and Development

Relevant Teams

Legal

Procurement

Finance

Human Resources

Operations

Compliance

Business Development

Project Management Office

Strategy

Administration

Risk Management

Vendor Management

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Procurement Manager

Business Development Manager

Project Manager

HR Director

Operations Manager

Compliance Officer

Contract Manager

Management Consultant

Independent Consultant

Strategy Consultant

Technical Consultant

Business Analyst

Department Head

General Manager

Company Secretary

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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