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Consultant Retainer Agreement
"I need a Consultant Retainer Agreement for a cybersecurity consultant who will be providing ongoing IT security services starting March 2025, with strict confidentiality provisions and access to sensitive client data."
1. Parties: Identifies and provides full legal details of the consultant and the client company
2. Background: Sets out the context of the agreement, including the client's need for consulting services and the consultant's expertise
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Term and Appointment: Specifies the duration of the retainer agreement and formally establishes the consulting relationship
5. Services: Outlines the general nature of consulting services to be provided under the retainer
6. Consultant's Obligations: Details the consultant's key responsibilities, standards of service, and professional conduct requirements
7. Client's Obligations: Specifies the client's responsibilities, including providing necessary information and access
8. Fees and Payment: Details the retainer fee structure, payment terms, and additional charging mechanisms
9. Intellectual Property: Addresses ownership and usage rights of intellectual property created during the engagement
10. Confidentiality: Sets out obligations regarding confidential information handling and protection
11. Liability and Indemnity: Defines the extent of consultant's liability and any indemnification provisions
12. Termination: Specifies how either party can end the agreement and the consequences of termination
13. General Provisions: Contains standard legal clauses including governing law, notices, and entire agreement
1. Non-Compete: Restricts consultant from working with competitors, used when consultant has access to sensitive competitive information
2. Insurance: Specifies required insurance coverage, particularly relevant for high-risk or regulated industries
3. Data Protection: Detailed data handling requirements, essential when personal or sensitive data processing is involved
4. Service Levels: Specific performance metrics and standards, used when quantifiable service levels are required
5. Force Majeure: Addresses unforeseeable circumstances preventing performance, important in long-term or critical service arrangements
6. Dispute Resolution: Detailed dispute resolution procedures, recommended for high-value or complex engagements
7. Assignment and Subcontracting: Controls on transferring rights or subcontracting work, important when personal service is essential
8. Change Control: Procedures for modifying services or terms, useful in complex or evolving engagements
1. Schedule 1 - Scope of Services: Detailed description of specific services to be provided under the retainer
2. Schedule 2 - Fee Schedule: Detailed breakdown of retainer fees, hourly rates, and additional charges
3. Schedule 3 - Key Personnel: Lists key consultant personnel assigned to the client, their roles and qualifications
4. Schedule 4 - Service Levels and KPIs: Specific performance metrics and measurement criteria
5. Schedule 5 - Client Policies: Relevant client policies the consultant must comply with
6. Appendix A - Contact Details: Contact information for key representatives from both parties
7. Appendix B - Reporting Templates: Standard templates for regular reporting and documentation
Authors
Technology
Management Consulting
Financial Services
Healthcare
Legal Services
Engineering
Marketing and Advertising
Education and Training
Human Resources
Business Strategy
Environmental Services
Construction
Creative Industries
Research and Development
Professional Services
Legal
Procurement
Human Resources
Finance
Operations
Risk and Compliance
Commercial
Business Development
Strategy
Administration
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Procurement Manager
HR Director
Project Manager
Operations Director
Business Development Manager
Department Head
Risk Manager
Compliance Officer
Managing Director
Commercial Manager
Finance Manager
Strategy Director
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