Professional Services Retainer Agreement In India

This form is only used to illustrate and probably contains all the terms necessary for the parties to reflect the realities of their particular situation. For example, it may be useful to include a competition or compensation provision or to extend the provisions relating to intellectual property rights, representations or guarantees. A lawyer can help ensure that all important conditions are included in the agreement. With the increasing use of technology to facilitate transactions and the adoption of electronic signature in the Global and National Commerce Act, this provision is included to allow the parties to sign the agreement. Contact a lawyer to confirm that this option is legally and enforceable under state law and practice. 6.7 Waiver. No delay or non-performance of a right or power by either party under this agreement constitutes a waiver of that right. The renunciation of one party to any of the covenants, conditions or agreements to be fulfilled by the other party or a violation of this agreement is not construed as a waiver of a subsequent violation of this agreement or any other agreement or agreement contained in it. Any amendment, exemption or discharge of this application is only valid if it has been signed in writing and by an authorized representative of the party against which such an amendment, exemption or discharge must be applied. Enter the name of the company of the customer who receives the company`s services. The consulting agreement benefits both the company and the consultant. It covers all aspects related to the tasks that need to be done as part of these schedules. The agreement helps to avoid any misunderstanding on the part of both the consultant and the company.

It also serves as a legal document in the event of a dispute between the advisor and the company. If the parties agree to the electronic signature of the agreement, the signature page must be separated so that each party`s signature is appropriately affixed to the agreement. A lawyer can ensure that the party has a complete electronic or paper copy of the agreement, which must be considered the best evidence in the event of a dispute. This form assumes that the specific details of the services to be performed are defined in a calendar – this structure is often used, for example. B if a list of different services to be provided is available. However, in many cases, services are defined in the agreement. A lawyer can help you decide how the definition should be structured based on the details of your specific situation. 1.2 Level of performance and guarantee. The company will work with the customer`s and customer`s staff in the conduct of the services.