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Expert Retainer Agreement
"I need an Expert Retainer Agreement for a cybersecurity consultant who will provide services to our fintech company in Manila, with strict confidentiality provisions and the ability to engage the expert's services on-demand starting March 2025."
1. Parties: Identifies and provides full details of the contracting parties - the Client and the Expert
2. Background: Explains the context of the agreement and the parties' intentions
3. Definitions: Defines key terms used throughout the agreement
4. Appointment and Scope of Services: Details the expert's appointment and clearly defines the scope of professional services to be provided
5. Term and Termination: Specifies the duration of the agreement and conditions for termination
6. Fees and Payment Terms: Outlines the retainer fee structure, payment schedule, and reimbursement policies
7. Obligations of the Expert: Lists the expert's duties, responsibilities, and standard of service
8. Obligations of the Client: Specifies client's responsibilities including provision of information and cooperation
9. Confidentiality: Details confidentiality obligations and handling of sensitive information
10. Intellectual Property Rights: Addresses ownership and rights to work products created during the engagement
11. Liability and Indemnification: Sets out liability limitations and indemnification obligations
12. General Provisions: Includes standard clauses like notices, amendments, governing law, and dispute resolution
1. Exclusivity: Include when the expert is required to work exclusively for the client
2. International Services: Include when services will be provided across international borders
3. Force Majeure: Include when specific provisions for unforeseen circumstances are needed
4. Non-Competition: Include when the expert is restricted from competing activities
5. Insurance: Include when specific insurance requirements are needed
6. Data Protection: Include when the engagement involves significant data processing
7. Compliance with Specific Regulations: Include when the services relate to regulated industries
8. Key Personnel: Include when specific individuals are crucial to the service delivery
1. Schedule A - Scope of Services: Detailed description of services to be provided
2. Schedule B - Fee Schedule: Detailed breakdown of fees, rates, and payment terms
3. Schedule C - Service Levels: Specific performance metrics and service standards
4. Schedule D - Contact Details: Key contact information for both parties
5. Appendix 1 - Required Qualifications: List of required qualifications and certifications
6. Appendix 2 - Reporting Requirements: Format and frequency of progress reports
7. Appendix 3 - Approved Expenses: List of approved expenses eligible for reimbursement
Authors
Legal Services
Management Consulting
Information Technology
Healthcare
Engineering
Financial Services
Education and Training
Research and Development
Environmental Consulting
Construction
Manufacturing
Telecommunications
Legal
Procurement
Human Resources
Finance
Operations
Project Management
Compliance
Risk Management
Professional Services
Business Development
Administration
Legal Counsel
Procurement Manager
Human Resources Director
Chief Financial Officer
Operations Manager
Project Manager
Compliance Officer
Risk Manager
Department Head
Managing Director
Chief Executive Officer
Technical Director
Professional Services Manager
Consulting Director
Business Development Manager
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