Retainer Agreement

A retainer agreement is work for hire contract intermediate between simple contracting and direct employment but essentially still contracting. One element that distinguishes it from any other service contract is that a primary consideration which the buyer purchases is an option on the sellers time. Another is that it is often a more general hire (and thus more like employment) than the typical contract which is focused on a particular single task or project. For this reason a separate agreement may be in effect for the performance aspect of the contractual relation between buyer and seller.
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