Retainer Work Agreement
A Retainer Agreement is a pre-payment of hours to a service provider in exchange for access to their services. The agreement details compensation, number of hours within a predetermined time frame, contingencies (if any), and any other terms for the services provided.
A Retainer can be set up as a one (1) time payment or for a recurring period. Retainer Agreements are an on-going arrangement that can be canceled at any time with proper notice (as per contract).