English to Portuguese Law/Patents Law: Contract(s)

This Retainer Agreement is entered into as of....

Compensation of services under retainer:
As consideration for Consultant’s services under this Agreement, Consultant shall be compensated on a retainer basis, with the retainer payment being made by Company to Consultant in advance of services rendered by Consultant.
Retainer Frequency: Monthly
Retainer Amount: [$XXXX.XX]
Services are billed at $________ per hour against the retainer.

In the event of termination of this Agreement, Consultant will reimburse to Company any excess retainer after applying all accrued fees and expenses.

In the event Company’s fees and expenses are less than the retainer fees paid, as outlined in the Monthly Statement, then Company can deduct the difference from the next scheduled retainer payment after the 15th day of the month that the Monthly Statement is submitted.