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Retainer Contract
"I need a Retainer Contract for my IT consulting firm based in Vienna, providing ongoing technical support and maintenance services to a medium-sized software company, starting March 1, 2025, with monthly reporting requirements and specific service level agreements."
1. Parties: Identification and details of the service provider and the client
2. Background: Context of the retainer arrangement and brief description of the parties' business relationship
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of the services to be provided under the retainer
5. Term and Termination: Duration of the retainer agreement, renewal terms, and termination provisions
6. Fees and Payment Terms: Monthly/periodic retainer fee, payment schedule, and invoicing procedures
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. Communication and Reporting: Methods and frequency of communication and reporting requirements
10. Liability and Insurance: Limitation of liability provisions and required insurance coverage
11. Force Majeure: Provisions for unforeseen circumstances preventing performance
12. Governing Law and Jurisdiction: Specification of Austrian law as governing law and jurisdiction for disputes
13. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments
1. Intellectual Property Rights: Include when the services involve creation of intellectual property or use of existing IP
2. Confidentiality: Include when sensitive information will be exchanged during the service provision
3. Data Protection: Include when personal data processing is involved, ensuring GDPR compliance
4. Non-Competition: Include when restricting the service provider from working with competitors
5. Service Levels: Include when specific performance metrics need to be maintained
6. Substitution Rights: Include when the service provider may need to delegate tasks to others
7. Quality Assurance: Include when specific quality standards must be maintained
8. Emergency Services: Include when services might be required outside normal business hours
1. Schedule 1 - Detailed Service Description: Comprehensive list and description of all services covered under the retainer
2. Schedule 2 - Fee Schedule: Detailed breakdown of retainer fees, additional charges, and payment terms
3. Schedule 3 - Service Level Agreement: Specific metrics and standards for service delivery, if applicable
4. Schedule 4 - Key Personnel: List of key team members and their roles in service delivery
5. Schedule 5 - Reporting Templates: Standard formats for regular reporting and communication
6. Appendix A - Contact Details: Contact information for key personnel on both sides
7. Appendix B - Compliance Requirements: Any specific regulatory or industry compliance requirements
Authors
Legal Services
Management Consulting
IT Services
Marketing and Advertising
Financial Services
Business Advisory
Professional Services
Creative Services
Technical Consulting
Healthcare Services
Environmental Consulting
Human Resources Services
Legal
Finance
Operations
Procurement
Business Development
Account Management
Compliance
Administration
Contract Management
Project Management
Legal Counsel
Contract Manager
Business Development Manager
Chief Financial Officer
Operations Director
Managing Partner
Procurement Manager
Account Manager
Project Manager
Compliance Officer
Finance Director
General Counsel
Chief Executive Officer
Business Manager
Service Delivery Manager
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