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Monthly Retainer Agreement
"I need a Monthly Retainer Agreement for my digital marketing agency based in Kuala Lumpur to provide social media management and content creation services to a retail client, with a 12-month initial term starting January 2025."
1. Parties: Identification and details of the service provider and client, including registration numbers and 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 defined for clarity and consistency
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 for handling confidential information exchanged during the service relationship
10. Intellectual Property: Ownership and rights related to any IP created during the service provision
11. Termination: Grounds and process for terminating the agreement
12. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes
13. General Provisions: Standard clauses including notices, entire agreement, and severability
1. Additional Services: Terms for services beyond the standard retainer scope, used when the agreement allows for ad-hoc additional work
2. Service Levels: Specific performance metrics and standards, included when service quality measurements are required
3. Personnel: Details about key personnel assigned to the client, used when specific team members are crucial to the arrangement
4. Insurance: Insurance requirements and coverage details, included for high-risk or regulated services
5. Data Protection: Specific data handling and protection requirements, needed when personal data processing is involved
6. Non-Competition: Restrictions on competing activities, included when protecting business interests is crucial
7. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term arrangements
8. Dispute Resolution: Detailed process for handling disputes, including mediation or arbitration procedures
1. Schedule 1 - Scope of Services: Detailed breakdown of services included in the monthly retainer
2. Schedule 2 - Fee Structure: Detailed breakdown of the monthly retainer fee and any additional charges
3. Schedule 3 - Service Levels: Specific metrics and standards for service delivery
4. Schedule 4 - Key Personnel: Details of key team members assigned to the client
5. Appendix A - Required Reports: Templates and examples of required regular reports
6. Appendix B - Communication Protocol: Procedures for routine communications and escalations
Authors
Legal Services
Consulting
Professional Services
Marketing and Advertising
IT Services
Financial Advisory
Business Advisory
Public Relations
Human Resources
Management Consulting
Technical Services
Creative Services
Legal
Finance
Operations
Procurement
Business Development
Account Management
Service Delivery
Commercial
Contracts Administration
Professional Services
Chief Executive Officer
Managing Director
Legal Counsel
Contract Manager
Business Development Manager
Finance Director
Operations Manager
Procurement Manager
Project Manager
Account Director
Service Delivery Manager
Commercial Manager
Chief Financial Officer
Chief Operating Officer
Professional Services Director
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