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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 -

__Law Firm__, 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,
__Name of 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
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 and 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 contract of services whereby the LAW FIRM shall render
legal services to the CLIENT, under the following terms and conditions:

1. The term or duration of this contract shall be for one (1) year effective upon signing
of this agreement and shall automatically renewed on a year to year basis unless either
party pre-terminates the same upon serving a 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 this 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 mortgage 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 Legal 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, payment of
stenographic notes, costs of publications of notices, as well as filing 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 immediately 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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