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Employee Retainer Agreement
"I need an Employee Retainer Agreement for a senior software consultant based in Bangalore, who will work remotely for 20 hours per week starting March 1, 2025, with special emphasis on intellectual property protection and the ability to work with multiple clients."
1. Parties: Identifies and defines the employer and employee with their full legal names, addresses, and other relevant contact details
2. Background: Explains the context of the retainer arrangement and the parties' intention to enter into this agreement
3. Definitions: Defines key terms used throughout the agreement for clarity and precise interpretation
4. Scope of Services: Details the specific services, roles, and responsibilities the employee will provide under the retainer arrangement
5. Term and Engagement: Specifies the duration of the agreement, including start date, term length, and any renewal provisions
6. Retainer Fee and Payment Terms: Outlines the compensation structure, payment schedule, and any variable components of remuneration
7. Working Hours and Availability: Specifies expected working hours, minimum availability requirements, and scheduling arrangements
8. Confidentiality: Details obligations regarding confidential information, trade secrets, and client data protection
9. Intellectual Property Rights: Establishes ownership of work product and intellectual property created during the engagement
10. Non-Competition and Non-Solicitation: Outlines restrictions on competitive activities and client/employee solicitation during and after the engagement
11. Termination: Specifies conditions and procedures for terminating the agreement by either party
12. General Provisions: Includes standard clauses like governing law, notices, amendments, and dispute resolution
1. Employee Benefits: Include when offering specific benefits like health insurance, provident fund, or other perks beyond the basic retainer fee
2. Travel and Expenses: Include when the role requires travel or reimbursable expenses
3. Performance Metrics: Include when specific performance targets or KPIs are part of the arrangement
4. Remote Work Provisions: Include when the employee will work remotely, partially or fully
5. Training and Development: Include when specific training requirements or professional development opportunities are part of the arrangement
6. Client Interaction Guidelines: Include when the role involves direct client contact or representation
7. Equipment and Resources: Include when the employer provides specific tools, equipment, or resources for work
8. Compliance with Specific Industry Regulations: Include when the role is in a regulated industry requiring specific compliance measures
1. Schedule A - Compensation Details: Detailed breakdown of retainer fee, payment structure, and any variable components
2. Schedule B - Service Level Requirements: Specific metrics, deliverables, and quality standards expected from the employee
3. Schedule C - Approved External Activities: List of pre-approved external professional activities or commitments
4. Schedule D - Company Policies: Key company policies that form part of the agreement
5. Appendix 1 - Confidential Information: Detailed list of what constitutes confidential information
6. Appendix 2 - Benefits Package: Detailed description of any benefits provided under the agreement
7. Appendix 3 - Reporting Structure: Organization chart or reporting hierarchy relevant to the position
Authors
Information Technology
Professional Services
Management Consulting
Legal Services
Financial Services
Healthcare
Education
Media and Entertainment
Engineering Services
Real Estate
Architecture
Research and Development
Business Process Outsourcing
Digital Marketing
Creative Industries
Human Resources
Legal
Finance
Operations
Project Management Office
Research and Development
Strategic Planning
Corporate Affairs
Business Development
Training and Development
Consultant
Legal Advisor
Technical Specialist
Management Advisor
Financial Analyst
Creative Director
Project Manager
Research Specialist
Strategic Advisor
Technical Architect
Subject Matter Expert
Business Analyst
Marketing Consultant
Professional Trainer
Executive Coach
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