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Retainer Contract

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RETAINER CONTRACT

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT made and executed by and between:

(Client) , a domestic corporation duly organized and existing under and


by virtue of the laws of the Republic of the Philippines, with principal
office at _____________, Philippines and represented in this act by its
(Position), (Name of Officer), (hereinafter referred to as the “CLIENT”);

- and -

DIONELA, JAULA and GULMATICO, a law firm organized under


and by virtue of the laws of the Republic of the Philippines as a general
professional partnership, with principal office at __________________,
Philippines, and represented in this act by its Managing Partner,
__________________, (hereinafter referred to as the “LAW FIRM”)

WITNESSETH: That -

WHEREAS, the LAW FIRM has offered its professional legal services to
the CLIENT and the CLIENT agrees to retain the professional legal
services of the LAW FIRM under a retainership basis, subject to the
terms and conditions hereinafter stipulated:

NOW THEREFORE, for an in consideration of the mutual covenants and


agreements herein agreed upon, the CLIENT and the LAW FIRM, by
these presents, have entered, as they hereby enter, into a cintract of
services whereby the LAW FIRM shall render legal services to the
CLIENT, under the following terms and conditions:

1. The term and duration of this contract shall be for ______ year
effective upon signing of this agreement and shall automatically be
renewed on a ______ to _____ basis unless either party preterminates
the same, upon serving a party thirty (30) day-prior written notice to
the other party, without need of cause;

2. The LAW FIRM, while in the performance of its duties, shall be


entitled to a fixed monthly retainer fee of PESOS:
___________________________ (P__________________);
3. The LAW FIRM shall make itself available for ready consultation by
the CLIENT or its duly authorized officers in all matters or business
requiring legal advice and opinion affecting the said corporation in
general. Written opinions rendered by the LAW FIRM on matters
affecting the business and operations of the corporation shall be
subject to confirmations;

4. The LAW FIRM shall render documentation and notarial services to


the CLIENT as part of its retainership. Client documents shall be
notarized free of charge while documents requiring the participation
and signature of a party other than the Client shall be subject to fees
or charge at the following rates:

(Notarial Rates)

5. In case of extra-judicial foreclosure of mortagge endorsed to the


LAW FIRM by the CLIENT, the attorney’s fees shall be at the rates
provided as follows:

(Rates of Legal Fees on Foreclosure)

6. In collection cases other than extra-judicial foreclosure of mortgage,


the attorney’s fees shall be at the rates provided as follows:

(Rates of fees for Collection Cases)

7. The LAW FIRM shall handle other cases as referred to it by the


CLIENT for a fee that shall be determined by mutual agreement of
the law firm and the CLIENT, on a case to case basis, such as, but not
limited to, all suits or cases for or against the CLIENT, including
officers and employees of the CLIENT sued in their official capacity;

8. The LAW FIRM shall not compromise or settle judicially or extra-


judicially any account, foreclosure proceeding or suit wherein the
CLIENT is a party, without the written consent and conformity of the
CLIENT or his duly authorized officer;

9. Routinary expenses for mailing of demand letters, pleadings to court


and copies thereof to adverse parties, costs of photocopy of
evidentiary documents, payments of stenographic notes, costs of
publications of notices, as well as filling fees and other legal expenses
in court and other appropriate government offices shall be for the
account of the CLIENT;
10. The LAW FIRM shall, whenever requested by the CLIENT take
immediate measures to investigate the facts and ascertain the legal
position of the CLIENT concerning any accidents, claim or liability,
and shall on such cases do what may be required for the protection of
the CLIENT, The LAW FIRM may represent the CLIENT in all suits
and proceedings pending or which may be pending in Bacolod City or
its environs wherein the CLIENT is a party, or its rights or interest are
involve, at the direction of the CLIENT;

11. The LAW FIRM shall keep in its office a docket of record in which it
shall cause to be recorded all proceedings connected with nay action
which the CLIENT is interested and shall keep such other records
necessary to preserve a complete history of the business of the
CLIENT entrusted to its charge. Said docket and records shall be
subject to the inspection and control of the CLIENT or his
representative.

12. The LAW FIRM shall submit to the CLIENT at least once every
quarter or as often as required, written reports on all pending matters
handled by the LAW FIRM for the CLIENT;

13. The LAW FIRM, in addition to the herein enumerated services, shall
well and faithfully serve the CLIENT and shall at all times devote its
whole time and attention to the assignments and tasks given and/or
entrusted to it by the CLIENT and shall do and perform all such
services, acts and things connected therewith as the CLIENT shall
from time to time direct; nor shall the LAW FIRM at any time get
itself in a situation where a conflict of interest may arise between
those of the CLIENT and the LAW FIRM and/or its CLIENTS;

14. The LAW FIRM shall not, either during the term of this contract or
any time thereafter, use or disclose to any person, office, corporation
or entity any confidential information concerning the affairs of the
CLIENT which he nay have acquired in the course of or as incident to
this contract for its own benefit, or to the detriment or probable
detriment of the CLIENT;

15. It is understood and agreed that nothing in this contract shall be


construed as establishing the relationship of employer-employee
between the CLIENT and the LAW FIRM, including its personnel;
16. Any violation of the terms and conditions of this contract by the
LAW FIRM shall give the CLIENT the option to rescind or cancel
immedietly the contract without necessity of judicial proceedings;

17. The CLIENT reserves the right to terminate this Agreement without
need of cause or reason upon thirty-day written notice to the LAW
FIRM.

IN WITNESS WHEREOF, the parties have signed this instrument this


________________ at ________________, Philippines.

CLIENT LAW FIRM

By: ________________ By: Managing Partner

SIGNED IN THE PRESENCE OF

________________ ________________

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