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A retainer agreement is a work-for-hire contract. It falls between a one-off contract and permanent employment, which may be full-time or part-time. [1] Its distinguishing feature is that the client or customer pays in advance for professional work to be specified later. The purpose of a retainer fee is to ensure that the employed reserves time ...
In this context, the "agency" may actually be a television network, music or movie production company, or an individual agent. It is a type of retainer agreement in that the artist is compensated for work yet to be determined. The deals usually require exclusivity for a fixed period of time, in which the entertainer agrees to not sign or work ...
Retainer agreement, a contract in which an employer pays in advance for work, to be secured or specified later, when required; Domestic worker or servant, especially one who has been with one family for a long time (chiefly British English) Affinity (medieval), also Retinue, a person or group gathered around in the service of a lord
An agreement is entered into by the two parties and a third party known as a surety provider, who acts as a guarantor between the two parties. The agreement states that cash retentions will not be used and, instead, the surety provider agrees to pay up to the amount which would have been held as a cash retention if the contractor or ...
“This could be as simple as a life insurance policy to more complex things like a contingency agreement with another business to buy the owner’s family out in the event of death,” said Erik ...
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