Monthly Retainer Agreement Sample

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Monthly retainer agreement sample. This retainer agreement agreement is being made between consultant name consultant located at street address city state and company name company located at street address city state on month dd 20yy. What is a retainer agreement. A retainer agreement is a contract wherein a client retains the services of a service provider or independent contractor who renders the services in exchange for a retainer fee the retainer fee is an advance payment of professional fee for the provision of services required by the client. Consultant name and company name may also be referred to as party or together as the parties.

This retainer agreement this agreement or this retainer agreement effective as of date effective date is made by and between company name a company organized and existing in state with offices located at address company and consultant name a company organized and existing in state with offices located at address. Yes the retainer agreement sample guarantees you a monthly income for several months usually 6 12 as previously stated. A retainer agreement is often referred to as an engagement letter. What they are and how they can save your freelancing career.

You can also recruit new members of your workforce in case the project demands more hands. If you would like to learn more about the value of retainer agreements you can read our original essay entitled retainer agreement. You can then plan your work properly fully assured that money to cater for any forthcoming expenses will come in. A retainer agreement is a pre payment of hours to an attorney accountant or other professional.

Using a retainer agreement can bring some financial stability to your freelancing career not to mention help save your sanity.