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HOW IT WORKS
How it works
A Fee Agreement establishes the parameters for work done between a client and a service provider. If you've found a company or individual for a particular job, or you've been contracted to do a specific project, a Fee Agreement can be used to define the terms of the agreement in advance.
With the Fee Agreement you can establish when the service(s) will begin, what they are exactly, how much the payment will be and how it will be made (ie. lump sum, installment etc), the terms of the agreement's termination, confidentiality, and whether or not the provider of services will guarantee the quality of work. A Fee Agreement helps avoid misunderstandings or disputes prior to work, so that each party is clear on what service(s) will be provided and how the service provider will be remunerated.
Other names for this document: Fee Agreement Form, Fee Agreement Letter, Service Fee Agreement
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