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Monthly Retainer Agreement for Philippines

Monthly Retainer Agreement Template for Philippines

A Monthly Retainer Agreement governed by Philippine law establishes a continuous professional service relationship where one party agrees to provide regular services to another for a fixed monthly fee. This agreement, compliant with Philippine Civil Code requirements, defines the scope of services, payment terms, obligations of both parties, and service delivery standards. It includes provisions for confidentiality, intellectual property rights, and termination conditions, while incorporating specific requirements under Philippine business and professional services regulations. The document serves as a comprehensive framework for ongoing professional relationships while ensuring compliance with local legal requirements.

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What is a Monthly Retainer Agreement?

The Monthly Retainer Agreement is a crucial legal document used in the Philippines for establishing long-term professional service relationships. It is particularly valuable when clients require regular, ongoing access to professional services without the need to negotiate terms for each engagement. This agreement type, governed by Philippine law, typically includes detailed specifications of services, retainer fees, payment schedules, and service delivery standards. It's commonly used by professional service providers, consultants, and advisors who provide recurring services to businesses. The document ensures compliance with Philippine Civil Code requirements while providing flexibility to accommodate various professional service arrangements. The agreement is structured to protect both parties' interests while maintaining clarity about service expectations, confidentiality obligations, and intellectual property rights.

What sections should be included in a Monthly Retainer Agreement?

1. Parties: Identifies and provides full details of the service provider and the client, including their legal names, addresses, and registration details if applicable

2. Background: Explains the context of the agreement and the parties' intention to enter into a retainer arrangement

3. Definitions: Defines key terms used throughout the agreement to ensure clarity and prevent misinterpretation

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

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

6. Retainer Fee and Payment Terms: Details the monthly retainer amount, payment schedule, and method of payment

7. Obligations of the Service Provider: Lists the specific duties, responsibilities, and service standards expected from the service provider

8. Obligations of the Client: Outlines the client's responsibilities, including providing necessary information and cooperation

9. Confidentiality: Provisions protecting confidential information exchanged during the service relationship

10. Intellectual Property: Addresses ownership and usage rights of any intellectual property created or used during service delivery

11. Termination: Specifies conditions and procedures for ending the agreement

12. Governing Law and Jurisdiction: Establishes Philippine law as governing law and specifies jurisdiction for dispute resolution

13. General Provisions: Standard contractual provisions including entire agreement, amendments, and severability

What sections are optional to include in a Monthly Retainer Agreement?

1. Non-Compete: Restrictions on competitive activities, used when service provider will have access to sensitive business information

2. Data Protection: Specific provisions for handling personal data, required when services involve data processing

3. Force Majeure: Provisions for unforeseen circumstances preventing performance, particularly relevant in long-term arrangements

4. Insurance: Requirements for professional liability insurance, relevant for high-risk or regulated services

5. Additional Services: Framework for engaging services beyond the retainer scope, useful for flexible arrangements

6. Key Personnel: Identifies specific individuals responsible for service delivery, important for specialized services

7. Service Levels: Detailed performance metrics and standards, necessary for technical or measurable services

What schedules should be included in a Monthly Retainer Agreement?

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

2. Schedule B - Fee Schedule: Detailed fee structure, including retainer amount and any additional charging rates

3. Schedule C - Service Levels: Specific performance metrics and service standards if applicable

4. Schedule D - Key Personnel: List of key team members and their roles if specific personnel are essential

5. Appendix 1 - Communication Protocol: Procedures for regular communications and reporting

6. Appendix 2 - Additional Services Rate Card: Pricing for services beyond the retainer scope

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Ƶ

Document Type

Fee Agreement

Cost

Free to use
Relevant legal definitions

























Clauses
































Relevant Industries

Legal Services

Business Consulting

Information Technology

Marketing and Advertising

Accounting and Finance

Human Resources

Public Relations

Creative Services

Digital Marketing

Management Consulting

Business Process Outsourcing

Professional Services

Relevant Teams

Legal

Finance

Procurement

Operations

Human Resources

Business Development

Marketing

Administration

Compliance

Corporate Services

Project Management Office

Contracts Administration

Relevant Roles

Chief Executive Officer

Managing Director

Legal Counsel

Chief Financial Officer

Operations Manager

Procurement Manager

Business Development Manager

HR Director

Marketing Director

Consultant

Professional Service Provider

Account Manager

Project Manager

Department Head

Company Secretary

Finance Manager

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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