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Retainership Contract
"I need a Retainership Contract for our IT consulting firm to provide ongoing technical support services to a Swiss manufacturing company, including monthly reporting requirements and service level agreements, starting from January 2025."
1. Parties: Identification and details of the service provider and the client
2. Background: Context of the retainership arrangement and general purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of services to be provided under the retainership
5. Term and Renewal: Duration of the retainership and renewal provisions
6. Fees and Payment Terms: Monthly/periodic retainer fee, payment schedule, and invoicing details
7. Obligations of the Service Provider: Key responsibilities and commitments of the service provider
8. Obligations of the Client: Key responsibilities and commitments of the client
9. Confidentiality: Provisions for handling confidential information
10. Intellectual Property: Ownership and rights related to work products
11. Liability and Indemnification: Extent of liability and indemnification obligations
12. Termination: Grounds and procedures for termination of the agreement
13. Governing Law and Jurisdiction: Specification of Swiss law application and jurisdiction
14. General Provisions: Standard contractual provisions including notices, amendments, and severability
1. Non-Competition: Restrictions on competing activities, used when exclusivity is required
2. Insurance: Insurance requirements, typically included for high-risk services
3. Data Protection: Specific data handling provisions, required when personal data is processed
4. Force Majeure: Provisions for unforeseen circumstances, recommended for long-term arrangements
5. Assignment and Subcontracting: Rules for transferring rights or engaging subcontractors
6. Service Levels: Specific performance metrics, used for technical or measurable services
7. Dispute Resolution: Alternative dispute resolution procedures, useful for international arrangements
1. Schedule of Services: Detailed breakdown of services covered under the retainership
2. Fee Schedule: Detailed fee structure, rates, and payment terms
3. Service Level Agreement: Specific performance metrics and standards
4. Key Personnel: List of key team members and their roles
5. Client Policies: Relevant client policies that the service provider must comply with
6. Reporting Requirements: Templates and schedules for required reports
7. Contact Details: List of key contacts and communication protocols
Authors
Legal Services
Management Consulting
IT Services
Financial Services
Business Advisory
Marketing and Communications
Engineering Services
Healthcare Services
Architecture and Design
Human Resources
Environmental Consulting
Professional Training and Education
Legal
Procurement
Finance
Compliance
Risk Management
Operations
Human Resources
Commercial
Business Development
Professional Services
Project Management
Chief Legal Officer
General Counsel
Contract Manager
Procurement Manager
Chief Financial Officer
Business Development Manager
Professional Services Director
Compliance Officer
Risk Manager
Operations Director
Human Resources Director
Legal Counsel
Commercial Director
Project Manager
Professional Service Provider
Consultant
Managing Partner
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