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Monthly Retainer Contract
"I need a Monthly Retainer Contract for my digital marketing agency to provide social media management services to a Singapore-based fintech startup, with a monthly fee of SGD 5,000 starting from March 2025, including specific provisions for content approval processes and performance metrics."
1. Parties: Details of the service provider and client, including registered addresses and company registration numbers
2. Background: Context of the agreement and brief description of why the parties are entering into this retainer arrangement
3. Definitions: Key terms used throughout the agreement and their meanings
4. Scope of Services: Detailed description of services to be provided under the retainer
5. Fees and Payment Terms: Monthly retainer amount, payment schedule, and billing procedures
6. Term and Termination: Duration of the agreement and circumstances for termination
7. Obligations of the Parties: Key responsibilities of both service provider and client
8. Confidentiality: Protection of confidential information exchanged during the engagement
9. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Intellectual Property Rights: Ownership and usage rights of IP created during the engagement - include when services involve creation of intellectual property
2. Data Protection: Compliance with PDPA and data handling procedures - include when personal data processing is involved
3. Non-Competition: Restrictions on competing activities - include when protecting against competitive activities is crucial
4. Force Majeure: Provisions for unforeseen circumstances preventing performance - include when long-term commitment needs protection against external events
5. Insurance: Required insurance coverage - include when services involve significant risks or regulatory requirements
1. Schedule of Services: Detailed breakdown of services included in the retainer
2. Fee Schedule: Detailed breakdown of fees, including any additional charges
3. Service Level Agreement: Performance metrics and service standards
4. Key Personnel: List of key team members assigned to the engagement
5. Compliance Requirements: Any specific regulatory or industry compliance requirements
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