Sample Monthly Retainer Agreement Template

What is a Monthly Retainer Agreement?

A monthly retainer agreement is a contract between a freelancer and a client that establishes a fixed monthly fee for a specified range of services. This type of agreement helps both parties manage expectations and provides a steady income for freelancers.

Key Components of a Retainer Agreement

1. Parties Involved: Clearly state the names and addresses of both the freelancer and the client.
2. Scope of Work: Define the specific services that will be provided on a monthly basis.
3. Payment Terms: Specify the retainer fee, payment schedule, and acceptable payment methods.
4. Duration: Outline the length of the agreement and conditions for renewal or termination.
5. Confidentiality: Include a clause to protect sensitive information.
6. Dispute Resolution: Specify how conflicts will be resolved, including jurisdiction.

Practical Example of a Monthly Retainer Agreement Template

Monthly Retainer Agreement

This Monthly Retainer Agreement (“Agreement”) is made and entered into as of [Date] by and between [Freelancer’s Name], located at [Freelancer’s Address] (“Freelancer”) and [Client’s Name], located at [Client’s Address] (“Client”).

1. Scope of Work

The Freelancer agrees to provide the following services to the Client:

• Monthly content creation for blog posts (4 posts/month)
• Social media management including posting and engagement on [Platforms]
• Monthly analytics report on performance metrics

2. Payment Terms

• The Client agrees to pay the Freelancer a retainer fee of $[Amount] per month.
• Payments are due on the first day of each month.
• Payment methods accepted: [Bank Transfer, PayPal, etc.]

3. Duration

• This Agreement will commence on [Start Date] and will continue for [Number of Months] unless terminated by either party with [Number of Days] notice.

4. Confidentiality

• Both parties agree to keep all proprietary information confidential and not disclose it to any third party without written consent.

5. Dispute Resolution

• In the event of a dispute, both parties agree to attempt resolution through mediation before pursuing any legal action.

6. Signatures

Both parties agree to the terms outlined in this Agreement.

Freelancer Signature: ____________________ Date: __________
Client Signature: ________________________ Date: __________

Conclusion

A monthly retainer agreement is essential for establishing a successful freelance relationship. Tailor the template above to suit your specific needs and ensure clear communication with your clients.