An indemnification clause allows the consultant to work and provide their services while providing indemnification to the client for any consequences as a result of their work. Indemnification – Sample Clauseĭescription. For further clarity, this Section is to be geographically limited to areas and locations that the Customer operates and conducts its business activity. During the term of this Agreement, and for 12 months following its termination, the Consultant shall not engage in any activity that would compete in any way whatsoever with the activities of the Client in which the Consultant was or is involved, or where the Consultant gained confidential or sensitive information of the Customer, directly or indirectly through the delivery of the Services. There are State laws that restrict the use of a non-compete and its time-frame, but it is generally recommended no matter the laws in the State. Non-Compete – Sample Clauseĭescription: A non-compete clause is a statement that ensures none of the parties will compete in each other’s business during or after the agreement. Accordingly, the Consultant will not disclose or use, either during or after the term of this Agreement, any proprietary or confidential information of the Client without the Client’s prior written permission except to the extent necessary to perform the Services on the Client’s behalf. The Consultant acknowledges that disclosure to a third (3rd) party or misuse of this proprietary or confidential information would irreparably harm the Client. The Consultant acknowledges that it will be necessary for the Client to disclose certain confidential and proprietary information to the Consultant in order for the Consultant to perform their duties under this Agreement. If the consultant or client should breach this clause, by informing third (3rd) parties of trade secrets or any other forbidden information, it could irreparably harm the other party.
Minimum deposit or pre-ordered number (#) of hours is not required.The consultant usually has more than 5+ years of experience and.Minimum deposit or pre-ordered number (#) of hours is required.This gives the consultant the security they need to invest the proper amount of time into the project without fear of the client breaking their commitment or infringing on the agreement. In most cases, a retainer represents a minimum amount of billable hours paid immediately by the client ensuring the consultant that their services are required for an extended period of time. Example: An attorney agrees to complete a client’s estate planning for a payment of $3,500.Ī retainer is an upfront payment made by the client that is required by the consultant in order to start the work.
This is ideal for the client in an effort to keep costs at a manageable amount. Therefore, if it takes 1 hour or 100 hours, the consultant will be paid the same amount. The client agrees to pay the consultant a fixed amount to complete the project.
#Retainer client contract template professional#
A consulting agreement is used between a client and a consultant who provides professional services, advice, or knowledge in exchange for payment.
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