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Non Refundable Retainer Agreement

Non Refundable Retainer Agreement Template for Canada

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Key Requirements PROMPT example:

Non Refundable Retainer Agreement

"I need a Non-Refundable Retainer Agreement for my management consulting firm based in Ontario, with a $25,000 retainer fee for a six-month strategic advisory project starting March 1, 2025, including strict confidentiality provisions for handling sensitive corporate data."

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Document background
The Non-Refundable Retainer Agreement is essential for professional service providers in Canada who require secure commitment and upfront payment from clients before commencing work. This document is particularly valuable when professionals need to reserve time and resources for a client, decline other opportunities, or ensure client commitment to the engagement. The agreement clearly defines the non-refundable nature of the payment, protecting the professional's interests while providing transparency to the client about service terms and conditions. It includes specific provisions that comply with Canadian provincial law society rules, professional regulations, and consumer protection legislation. The document is structured to address both the business and legal aspects of the professional-client relationship, including scope of services, payment terms, and professional obligations.
Suggested Sections

1. Parties: Identifies and defines the professional/firm and the client, including full legal names and contact details

2. Background: Establishes the context of the agreement and the client's need for professional services

3. Definitions: Defines key terms used throughout the agreement, including 'Retainer,' 'Services,' and 'Non-refundable'

4. Scope of Services: Detailed description of the professional services to be provided under the retainer

5. Retainer Amount and Payment Terms: Specifies the non-refundable retainer amount, payment schedule, and what the retainer covers

6. Non-refundable Nature of Retainer: Explicit explanation of why the retainer is non-refundable and what happens to unused portions

7. Professional Obligations: Outlines the professional's duties, responsibilities, and standard of care

8. Client Obligations: Specifies the client's responsibilities, including providing accurate information and cooperation

9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

10. Governing Law: Specifies that the agreement is governed by Canadian law and the applicable province

11. Execution: Signature block and date of agreement

Optional Sections

1. Conflict Resolution: Details the process for handling disputes, recommended when working with high-value contracts or complex matters

2. Confidentiality: Specific confidentiality provisions, recommended when handling sensitive information

3. Insurance and Liability: Details of professional insurance coverage and liability limitations, recommended for high-risk services

4. Additional Services: Provisions for services beyond the retainer scope, useful for ongoing or complex professional relationships

5. Force Majeure: Provisions for unforeseen circumstances, recommended for long-term arrangements

6. Assignment: Rules regarding transfer of rights and obligations, important for larger firms or possible business transitions

Suggested Schedules

1. Schedule A - Detailed Service Description: Comprehensive list of services covered under the retainer

2. Schedule B - Fee Schedule: Detailed breakdown of fees, hourly rates, and billing practices

3. Schedule C - Required Documentation: List of documents and information the client must provide

4. Appendix 1 - Professional Credentials: Relevant professional certifications and qualifications

5. Appendix 2 - Terms and Conditions: Standard terms and conditions of the professional practice

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






























Clauses



























Relevant Industries

Legal Services

Accounting

Management Consulting

Financial Services

Professional Services

Business Advisory

Tax Planning

Corporate Services

Business Consulting

Executive Coaching

Relevant Teams

Legal

Finance

Professional Services

Business Development

Client Relations

Contracts Administration

Risk Management

Compliance

Operations

Administrative Support

Relevant Roles

Lawyer

Accountant

Management Consultant

Financial Advisor

Business Consultant

Tax Consultant

Legal Counsel

Professional Service Provider

Partner

Senior Associate

Managing Director

Executive Coach

Professional Practice Manager

Business Development Manager

Contracts Administrator

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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