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Monthly Retainer Consulting Agreement
"I need a Monthly Retainer Consulting Agreement for an IT security consultant based in Jakarta who will provide 20 hours of cybersecurity services per month to our financial services company, starting March 1, 2025, with specific provisions for data protection and confidentiality."
1. Parties: Identification of the consultant and the client, including full legal names, addresses, and company registration details as required by Indonesian law
2. Background: Context of the agreement, brief description of the client's business, consultant's expertise, and the parties' intention to enter into a retainer arrangement
3. Definitions: Key terms used throughout the agreement, including 'Services', 'Retainer Fee', 'Deliverables', and other relevant terminology
4. Scope of Services: Detailed description of the consulting services to be provided under the retainer arrangement
5. Term and Renewal: Duration of the agreement, commencement date, and provisions for renewal or extension
6. Retainer Fee and Payment Terms: Monthly fee amount, payment schedule, invoicing process, and any additional expense arrangements
7. Service Delivery and Performance Standards: Expected quality standards, delivery timeframes, and performance metrics
8. Reporting and Communication: Regular reporting requirements, meeting schedules, and communication protocols
9. Intellectual Property Rights: Ownership and usage rights of materials and deliverables created during the engagement
10. Confidentiality: Protection of confidential information and trade secrets of both parties
11. Representations and Warranties: Standard warranties regarding capacity, authority, and quality of services
12. Limitation of Liability: Boundaries of consultant's liability and any indemnification provisions
13. Termination: Conditions and process for early termination, notice periods, and consequences
14. General Provisions: Standard boilerplate clauses including governing law, dispute resolution, and notices
1. Non-Competition: Restrictions on consultant's ability to work with competitors, used when sensitive industry knowledge is involved
2. Force Majeure: Provisions for unforeseen circumstances preventing performance, particularly relevant in uncertain times
3. Insurance: Requirements for professional liability insurance, relevant for high-risk or regulated industries
4. Data Protection: Specific provisions for handling personal or sensitive data, necessary when data processing is involved
5. Compliance with Anti-Corruption Laws: Additional provisions for compliance with anti-corruption laws, important for international or government-related work
6. Currency and Exchange Rate: Specific provisions for handling foreign currency payments, needed for international consulting arrangements
7. Travel and Additional Expenses: Detailed provisions for handling travel and extra expenses, relevant when regular travel is expected
8. Key Personnel: Identification of specific consultants and replacement procedures, important for larger consulting arrangements
1. Schedule A - Scope of Services: Detailed breakdown of services, deliverables, and performance metrics
2. Schedule B - Fee Schedule: Detailed breakdown of retainer fee, payment structure, and any variable components
3. Schedule C - Service Levels: Specific performance standards, response times, and quality metrics
4. Schedule D - Reporting Template: Standard format for regular progress reports and documentation
5. Appendix 1 - Key Personnel: List of key consultant personnel assigned to the project, their roles and qualifications
6. Appendix 2 - Communication Protocol: Detailed procedures for regular communications, meetings, and escalation processes
Authors
Management Consulting
Information Technology
Financial Services
Healthcare
Education
Manufacturing
Professional Services
Energy
Telecommunications
Real Estate
Retail
Environmental Services
Marketing and Advertising
Legal Services
Human Resources
Legal
Procurement
Finance
Operations
Human Resources
Compliance
Business Development
Project Management
Strategy
Administration
Risk Management
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Procurement Manager
Project Manager
Business Development Manager
Operations Director
Human Resources Director
Department Head
Finance Manager
Contract Administrator
Compliance Officer
Managing Director
Consultant
Independent Contractor
Business Analyst
Strategy Consultant
Technical Advisor
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