A Retainer Agreement is a contract between a client and a service provider where the client agrees to pay a fee in advance for services to be rendered over a specified period. Here’s a basic template for a Retainer Agreement:

RETAINER AGREEMENT

This Retainer Agreement (the “Agreement”) is made and entered into as of [Date], by and between:

1. Client: [Name], with a principal place of business at [Address] (“Client”).
2. Service Provider: [Name], with a principal place of business at [Address] (“Service Provider”).

RECITALS

WHEREAS, Client desires to retain the services of Service Provider, and Service Provider agrees to provide such services under the terms and conditions set forth in this Agreement.

AGREEMENT

1. Services The Service Provider agrees to provide the following services to the Client: [Describe services to be provided].

2. Retainer Fee a. Amount: Client agrees to pay Service Provider a retainer fee of [Amount] USD. b. Payment Schedule: The retainer fee will be paid [specify timing, e.g., upfront, monthly].

3. Scope of Work a. Details: The retainer covers [describe scope of work, e.g., a set number of hours, specific tasks]. b. Additional Work: Any work beyond the scope covered by the retainer will be billed at a rate of [Rate] USD per hour or as otherwise agreed.

4. Term and Termination a. Term: This Agreement will commence on [Start Date] and will continue until [End Date] unless terminated earlier in accordance with this section. b. Termination: Either Party may terminate this Agreement with [number] days’ written notice. In the event of termination, Client will be liable for any outstanding fees for services rendered up to the termination date.

5. Confidentiality Both Parties agree to keep confidential any proprietary or confidential information disclosed during the term of this Agreement.

6. Dispute Resolution Any disputes arising from this Agreement shall be resolved through [describe method, e.g., mediation/arbitration] in accordance with the rules of [jurisdiction].

7. Governing Law This Agreement shall be governed by and construed in accordance with the laws of [jurisdiction].

8. Miscellaneous a. Amendments: Any amendments to this Agreement must be made in writing and signed by both Parties. b. Entire Agreement: This Agreement constitutes the entire agreement between the Parties and supersedes all prior agreements and understandings.

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written.

Client:
Signature: _________________________
Name: [Name]
Title: [Title]
Date: __________________________

Service Provider:
Signature: _________________________
Name: [Name]
Title: [Title]
Date: __________________________