HR Consulting Retainer Agreement

This Retainer Agreement ("Agreement") is made and entered into as of [Month Day, Year], by and between [Your Company Name], a corporation with its principal place of business located at [Your Company Address], hereinafter referred to as "Consultant", and [Your Partner Company Name], a corporation with its principal place of business located at [Your Partner Company Address], hereinafter referred to as "Client". Collectively, the "Parties."

I. Purpose

The purpose of this Agreement is to establish the terms and conditions under which Consultant will provide HR consulting services to the Client on a retainer basis. The Consultant will offer strategic guidance, policy development, and other HR-related services as outlined in this Agreement.

II. Scope of Services

A. Consulting Services

Consultant agrees to provide the following HR consulting services to Client:

1. Policy Development: Drafting, revising, and implementing HR policies and procedures tailored to the Client's organizational needs.

2. Compliance Management: Ensuring that the Client's HR practices comply with local, state, and federal laws and regulations.

3. Talent Management: Assisting with employee recruitment, development, and retention strategies.

4. Conflict Resolution: Offering mediation and conflict resolution services to address workplace disputes.

B. Retainer Services

The Consultant shall provide the services outlined above on an ongoing basis, with a minimum of ten (10) hours per month dedicated to the Client.

C. Additional Services

Any services beyond the scope outlined in this Agreement will be provided at an additional rate, as mutually agreed upon in writing by the Parties.

III. Compensation

1. Retainer Fee: The Client agrees to pay the Consultant a monthly retainer fee of ten thousand dollars ($10,0000), which covers up to ten (10) hours of consulting services each month.

2. Additional Fees: If the consulting hours exceed the monthly retainer, additional hours will be billed at a rate of two percent (2%) per hour.

3. Payment Terms: Payment is due within fifteen (15) days from the date of the invoice. Late payments will incur a late fee of five percent (5%) per month on the outstanding balance.

IV. Term and Termination

1. Term: This Agreement shall commence on [Month Day, Year] and continue for an initial period of six (6) months. Thereafter, the Agreement will automatically renew on a monthly basis unless terminated by either Party.

2. Termination for Convenience: Either Party may terminate this Agreement for any reason with ten (10) days' written notice to the other Party.

3. Termination for Cause: Either Party may terminate this Agreement immediately upon written notice if the other Party breaches any material term of this Agreement and fails to cure such breach within fifteen (15) days after receipt of written notice.

V. Confidentiality

1. Confidential Information: Each Party acknowledges that during the term of this Agreement, it may receive confidential and proprietary information ("Confidential Information") from the other Party. Both Parties agree to hold such information in strict confidence and not disclose it to any third party without the prior written consent of the other Party.

2. Non-Disclosure: The Parties agree to use the Confidential Information solely for the purposes of fulfilling their obligations under this Agreement. The obligations of confidentiality shall survive the termination of this Agreement for a period of five (5) years.

VI. Responsibilities

A. Consultant's Responsibilities

1. Service Delivery: The Consultant shall perform the services outlined in this Agreement with the highest standard of professional care and in accordance with industry best practices.

2. Reporting: The Consultant will provide regular updates to the Client, including monthly reports summarizing the services provided, hours worked, and any recommendations for improvements.

3. Availability: The Consultant shall be reasonably available during business hours to provide services, respond to inquiries, and address any concerns from the Client.

4. Confidentiality: The Consultant agrees to protect the confidentiality of the Client's information as outlined in the Confidentiality section.

B. Client's Responsibilities

1. Access to Information: The Client agrees to provide the Consultant with timely access to all necessary information, documents, and personnel required to perform the consulting services.

2. Timely Payments: The Client shall make all payments in accordance with the terms outlined in the Compensation section.

3. Feedback: The Client agrees to provide timely feedback and approvals to enable the Consultant to deliver services effectively.

4. Compliance: The Client is responsible for implementing and adhering to the HR policies and procedures developed by the Consultant.

VII. Indemnification

1. Indemnification by Consultant: The Consultant agrees to indemnify and hold harmless the Client, its officers, directors, employees, and agents from and against any claims, liabilities, damages, and expenses (including reasonable attorney's fees) arising from or related to the Consultant's breach of this Agreement or negligence in the performance of services.

2. Indemnification by Client: The Client agrees to indemnify and hold harmless the Consultant, its officers, directors, employees, and agents from and against any claims, liabilities, damages, and expenses (including reasonable attorney's fees) arising from or related to the Client's breach of this Agreement or negligence in its operations.

VIII. Entire Agreement

1. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of [State], without regard to its conflict of law principles.

2. Complete Agreement: This Agreement constitutes the entire understanding between the Parties regarding the subject matter hereof and supersedes all prior agreements, representations, or understandings, whether written or oral.

3. Amendments: Any amendments or modifications to this Agreement must be in writing and signed by both Parties.

4. Severability: If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

IN WITNESS WHEREOF, the Parties hereto have executed this HR Consulting Retainer Agreement as of the day and year first above written.

Consultant Signature:

[Your Name]

[Job Title]

[Your Company Name]

[Month Day, Year]

Client Signature:

[Name]

[Job Title]

[Your Partner Company Name]

[Month Day, Year]

HR Templates @ Template.net