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Contractor Retainer Agreement
"I need a Contractor Retainer Agreement for engaging an IT security consultant who will provide 20 hours of cybersecurity services per month starting March 2025, with strict confidentiality provisions and data protection requirements."
1. Parties: Identification of the principal company and the contractor, including ABN/ACN details
2. Background: Context of the agreement, nature of the business relationship, and confirmation of contractor status
3. Definitions and Interpretation: Key terms used throughout the agreement and rules for interpretation
4. Term and Engagement: Duration of the retainer arrangement, including commencement date and renewal provisions
5. Services: Overview of services to be provided under the retainer arrangement
6. Contractor's Obligations: Key responsibilities, quality standards, and performance requirements
7. Principal's Obligations: Support, access, and information to be provided by the principal
8. Fees and Payment Terms: Retainer fee structure, payment schedule, and expenses policy
9. GST and Taxation: GST treatment and tax responsibilities of both parties
10. Relationship of Parties: Clear statement of independent contractor status and not employment
11. Insurance and Liability: Required insurance coverage and limitation of liability provisions
12. Confidentiality: Protection of confidential information and trade secrets
13. Intellectual Property: Ownership and rights regarding IP created during the engagement
14. Termination: Grounds for termination and notice requirements
15. Post-Termination Obligations: Continuing obligations after agreement ends
16. General Provisions: Standard boilerplate clauses including notices, governing law, and dispute resolution
1. Non-Compete and Restraints: Restrictions on competing activities - include when contractor will have access to sensitive information or client relationships
2. Work Health and Safety: Specific WHS obligations - include when services involve on-site work or physical activities
3. Equipment and Resources: Provisions regarding tools and equipment - include when specific equipment or resources are required for service delivery
4. Key Personnel: Requirements for specific individuals - include when service quality depends on particular staff members
5. Data Protection and Privacy: Specific data handling requirements - include when personal or sensitive data processing is involved
6. Force Majeure: Provisions for unforeseen events - include when service continuity is critical
7. Performance Reviews: Review and reporting requirements - include when regular performance assessment is needed
8. Subcontracting: Rules for engaging subcontractors - include when subcontracting might be necessary
9. Professional Accreditation: Requirements for maintaining professional credentials - include for regulated professions
1. Schedule 1 - Services Description: Detailed specification of services to be provided under the retainer
2. Schedule 2 - Fee Schedule: Detailed breakdown of retainer fees, hourly rates, and payment terms
3. Schedule 3 - Service Levels: Specific performance metrics and service level requirements
4. Schedule 4 - Insurance Requirements: Detailed insurance types and coverage levels required
5. Schedule 5 - Key Personnel: Details of approved contractor personnel and their qualifications
6. Appendix A - Confidential Information: List of specific confidential information and handling requirements
7. Appendix B - Approved Subcontractors: List of pre-approved subcontractors if applicable
8. Appendix C - Equipment Register: List of any equipment provided by either party
Authors
Professional Services
Information Technology
Construction
Management Consulting
Creative Industries
Engineering
Healthcare
Education and Training
Financial Services
Marketing and Advertising
Legal Services
Environmental Services
Manufacturing
Mining and Resources
Real Estate and Property
Legal
Human Resources
Procurement
Finance
Operations
Risk and Compliance
Project Management Office
Business Development
Administration
Contract Management
Chief Executive Officer
Chief Operating Officer
Legal Counsel
HR Director
Procurement Manager
Project Manager
Operations Manager
Department Head
Finance Manager
Contract Administrator
Business Development Manager
Risk Manager
Compliance Officer
Professional Contractor
Consultant
Independent Service Provider
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