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Monthly Retainer Contract
"I need a Monthly Retainer Contract for my marketing agency to provide social media management services to a tech startup, with a monthly fee of £5,000 and specific performance metrics for engagement rates, starting from March 2025."
1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the retainer arrangement
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of services to be provided under the retainer
5. Payment Terms: Monthly fee, payment schedule, and invoicing details
6. Term and Termination: Duration of agreement and termination provisions
7. Obligations of the Parties: Key responsibilities of both service provider and client
1. Service Levels: Specific performance metrics, use when quantifiable deliverables exist
2. Intellectual Property: IP ownership and licenses, include when creative work is involved
3. Data Protection: Include when personal data processing is involved
4. Non-Compete: Include when protecting against competition is crucial
1. Schedule of Services: Detailed breakdown of services covered by the retainer
2. Fee Schedule: Detailed breakdown of fees and payment structure
3. Service Level Agreement: Specific metrics and performance standards if applicable
4. Key Personnel: List of key team members if specific individuals are critical to service delivery
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