Initial Retainer Sample Clauses
The Initial Retainer clause requires the client to pay an upfront fee before legal services commence. This retainer is typically held in a trust account and applied toward future legal fees or expenses as they are incurred. By securing payment in advance, the clause ensures the attorney is compensated for initial work and reduces the risk of nonpayment, providing financial security and clarity for both parties at the outset of the engagement.
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Initial Retainer. The Company shall pay Spartan an initial non-refundable retainer in the amount of 300,000 common shares of stock upon execution of this Agreement.
Initial Retainer. Company shall cause its parent, Fluor Corporation to issue Consultant an initial retainer as follows: Shares of Fluor Corporation common stock in an amount equal to $500,000.00 (“Target Amount”) as determined by taking the closing share price for such shares on the date that is five (5) business days following the date of this Agreement, and dividing the Target Amount by such closing share price (the “Share Grant”). As a condition to the Share Grant, if requested, Consultant shall execute Fluor Corporation’s form of share grant agreement. Such shares shall be delivered by Fluor Corporation to Consultant within thirty (30) days following the date of this Agreement.
Initial Retainer. Client agrees to pay CCFC an initial retainer of $75,000.00 payable as follows:
(a) $18,750 shall be due and payable on the Closing Date as such term is defined in that certain letter agreement dated as of even date hereof between the Client and Pines International Resorts, Inc. (the "Pines Agreement");
(b) $18,750 shall be due and payable on the date that the remainder of monies due to the Client under the Pine Agreement is funded; and
(c) $18,750 shall be due and payable on the 45th date following the payment referred to in (b) above and $18,750 shall be due and payable on the 9Oth day following the payment referred to in (b) above. In addition to the fees described above, CCFC shall be entitled to a monthly retainer equal to $6,500 per month beginning with the first calendar month following the Closing Date, and 100,000 shares of the Client's Common Stock which shares are to be issued on (and included for registration with) the date that the Client files its S-3 registration statement in fulfillment of its obligation under the Pines Agreement.
Initial Retainer. Client hereby agrees to pay Firm an initial retainer payment of $ . The retainer is paid to Firm to secure Firm’s availability in the above legal matter and is an advance against future fees and charges. The retainer will be deposited into lawyer’s trust account and drawn against as work is completed and billed. Firm will ▇▇▇▇ monthly for legal services rendered. Amounts billed in excess of Client’s retainer will be due on or before the 20th of the following month. Any unearned portion of the retainer will be returned to Client at the end of Client’s case, even though the retainer may have been deposited by a third party. Client understands that Firm has not accepted Client’s case and will not act as Client’s lawyer until both Firm and Client have signed this agreement and Client has paid the initial retainer.
Initial Retainer. A fee of $5,000 which shall be due and payable to the V/ Consultant in full upon the execution of this Agreement;
Initial Retainer. In consideration of the Firm’s legal services, Client shall pay the Firm an initial retainer of $10,000.00 to be applied according to the fees for Legal Services outlined below. • Initiation of Litigation and Information Gathering: $3,500.00 – for initiation of litigation including drafting initial pleadings, responding to mandatory disclosures, and scheduling temporary hearings as determined necessary by the responsible attorney. This fee also includes for obtaining from Client and reviewing documents deemed necessary by Attorney ▇▇ prepare strategy for the case. This fee is due upon retention of the Firm’s services. • Temporary Support Hearing: $4,000.00 – for each temporary sup- port hearing, due immediately upon receipt of notice of a scheduled tem- porary support hearing or upon Client’s request for a temporary support hearing.1 • Formal Discovery: $4,000.00 – for conducting, responding to and an- alyzing written discovery, which fee is due 75 days from the date of reten- tion or immediately upon receipt of discovery materials from the opposing party, whichever is sooner.2 • Guardian Ad Litem: $2,500.00 – for all contact, paperwork, facilita- ▇▇▇▇, and other matters related to the appointment of a Guardian Ad Li- tem.3 This fee does not include the costs to the parties of retaining the Guardian Ad Litem. • Mediation and Settlement Negotiations: $4,000.00 – for reasona- ble settlement negotiations with opposing party or opposing counsel and/or engaging in and preparing for alternative dispute resolution, in- cluding mediation, which fee is due 150 days from the date of retention or within 10 days of any mandatory court referral to mediation, whichever is sooner. This fee includes mediation prior to the onset of litigation.
Initial Retainer. To insure the availability of Law Firm and to increase Law Firm’s proprietary interest in the success of CLIENT, thereby encouraging the Law Firm to maintain the relationship with CLIENT, CLIENT hereby grants to ▇▇▇▇▇▇▇ ▇. ▇▇▇▇, as designee for Law Firm 100,000 shares of CLIENT common stock. CLIENT agrees to standard piggy back registration rights to register the shares of common stock at CLIENT’S own expense. CLIENT understands that in the course of representation, it may be necessary for Law Firm to incur certain costs or expenses. CLIENT will reimburse Law Firm for certain costs or expenses actually incurred and reasonably necessary for completing the assigned matter, as long as the charges for costs and expenses are competitive with other sources of the same products or services and approved by CLIENT in advance. More particularly, CLIENT will reimburse Law Firm in accordance with the following guidelines:
Initial Retainer. The Company shall pay MBO an initial non-refundable fee in the amount of Ten Thousand Dollars ($10,000) upon its receipt of the first $250,000 in funding.
Initial Retainer. If the Director has served continuously as a member of the board of directors of the Company (the “Board”) from the Effective Date through the applicable Vesting Date (as defined below), then, in lieu of the initial equity award contemplated by the Company’s non-employee director compensation policy, the Company shall pay to the Director an initial retainer in the aggregate amount of $[______] (the “Initial Retainer”). One-third (1/3) of the Initial Retainer will vest and be earned on each of the first three anniversaries of [______] (each, a “Vesting Date”), subject, in each case, to the Director’s continued service as a member of the Board through the applicable Vesting Date. The portion of the Initial Retainer that is earned hereunder on a Vesting Date will be paid, if at all, on or as soon as reasonably practicable following, but in no event more than sixty (60) days following the Vesting Date.
Initial Retainer. Client will deposit with Attorneys the sum of thirty-five thousand dollars ($35,000), described in Section 4 below, in this matter to be held in a trust account and hereby authorizes Attorneys to withdraw sums from that account to pay for the legal services performed. In addition, you will be forwarding the appropriate filing fees associated with the pertinent states (approximately $1,500 per state and fees payable to the SEC in the amount of $1,000 per $5,000,000 offered).