RETAINERSHIP AGREEMENT Final

P R LEGAL ASSOCIATES
Advocates and Legal Consultants

Associates:
Pooja. V, MA., LL.B.,
Rishyak R Banavara, BA., LL.B.,
RETAINER SHIP AGREEMENT
THIS AGREEMENT is made at Bangalore this 14th day of April 2021
BETWEEN:
M/s. USPL AIRLABS PVT LTD,

Having office at No. 921/944, 3rd Floor
Lakshmi Tower, Sector 7, HSR Layout, Bengaluru, 560102.
Represented by its Director, Mrs. Sheeja Ramesh
W/o Mr. Ramesh, Ageed about 45 years,
Residing at: 104, Elegant Legacy, No. 80,
Margosa Avenue, Green Glen Layout,
Bellandur, Bangalore- 560103
Herein after called and referred to as ‘FIRST PARTY’
AND
PR LEGAL ASSOCIATES,
A legal portal having its office at Shop No. 201, 2nd Floor,
#73-82, Ramachandra Building, 2nd Main,
Sampige Road, Malleshwaram,
Bangalore- 560003
Represented by its Associates Ms. Pooja. V and Mr. Rishyak R Banavara
Herein after called and referred to as ‘SECOND PARTY’
WHEREAS the party of the First Party is a Private Limited Firm and located in #921/944, 3rd Floor
Lakshmi Tower, Sector 7, HSR Layout, Bengaluru, Karnataka 560102. That the Second Party has
approached the First Party and offered to provide his Business Development services for the proposed
project of the First Party.
Off: Shop No. 201, 2nd Floor, #73-82, Ramachandra Building, 2nd Main, Sampige Road, Malleshwaram,
Bangalore- 560003
E-mail: prlegal.2021@gmail.com | Ph: +91-9964824025 | +91-8892185326 | +91-6362646792
Associates:
AND WHEREAS the party of the first part has offered to appoint and retain the party of the second
part to act for them as legal advisors and solicitors and the party of the second part have agreed to the
said appointment and retainer ship;
AND WHEREAS the parties hereto have agreed to record the terms and conditions on which the
party of the first part has agreed to appoint and retain the party of the second part to act for them as
legal advisors and solicitors and the party of the second part has agreed to accept the said appointment
and retainer ship;
NOW IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS:
1. The party of the first part hereby appoints and retains the party of the second part for drafting
Agreements, Contracts and Notices in respect of but not limited to the business carried out by
the first part.
2. That it is agreed between the parties to this Agreement That the party of the first part for the
first three months from the date of execution of this Agreement shall pay to the party of the
second part fees mentioned in the Annexure I of this Agreement and after the expiry of the (3)
three months period shall pay to the party of the second part fees mentioned in the Annexure II
of this Agreement. The said fees will be in lieu of and in satisfaction of all professional charges
and expenses including the office expenses of the party of the second part but excluding any
out-of-pocket expenses and costs incurred in relation to the assignment.
3. The party of the first part shall also pay to the party of the second part all out of pocket
expenses incurred by them in payment of traveling expenses, registration charges, Stamp
Charges etc. in respect of documents in relation to each transaction etc.
Bangalore- 560003
Associates:
4. The above fee quote is based on the assumption that there will be no material change in the
scope. In the event of any material deviation in the foregoing assumption the parties hereto
agree to re-assess and mutually revise the fee quote.
5. Invoices will be raised by the party of the second part on a monthly basis and will be payable
within 15 days. A detailed narrative stating the nature of the work done will accompany the
invoice. The invoice shall also include details of any out-of-pocket expenses and costs incurred
in relation to the assignment.
6. The scope of the above services would not include any regulatory compliance (such as filings,
etc. with statutory authorities, etc.), or providing substantive opinions or memoranda on any
specific legal issue and the same will be charged separately.
7. This agreement will not extend to any litigation civil or criminal or arbitration whether arising
out of any transaction entrusted to the party of the second part or otherwise. If any such matter
of litigation or any legal proceedings in a court of law or tribunal or arbitrator is entrusted to
them, the party of the second part will be entitled to charge fees according to their usual
practice.
8. The party of the second part shall maintain full secrecy and shall not disclose any confidential
matter or communication between the party of the first part and themselves to anybody else.
9. The party of the second part shall not act in any matter entrusted to them for any other party
concerned or connected with such matter.
10. This agreement may be terminated by any party hereto by giving 3 month’s prior notice to the
other without assigning reason and on the expiry of the said period from receipt of the notice
this agreement shall stand terminated except in respect of matters which are already entrusted
Bangalore- 560003
Associates:
to the party of the second part and are not completed. Further, the party of the second shall
return all such documents and files entrusted by the party of the first upon termination of this
agreement subject to completion of such assignment.
IN WITNESS WHEREOF the parties hereto have put their hands the day and year first hereinabove
written.
Signed by
1. ________________________
Party of the First
(USPL Air Labs)
2. _________________________
Party of the Second
Bangalore- 560003
Associates:
ANNEXURE I
Fee Schedule
Sl No. Matter Fee Charged

(Per head)
1. Service Agreements Rs. 800/-
2. Business Agreements Rs. 800/-
3. Memorandum of understanding Rs. 400/-
4. Notices, Reply, Rejoinder, Duplicate Notice Rs. 2000
5. Agreement of lease, lease or license or any other Rs. 3000
document
6. Public Notice in newspaper excluding Charges Rs. 2000
7. Registration of any document Rs. 3000
8. Advising as Lawyer (per session) Rs. 2000
9. Drafting of Power of Attorney Rs. 2000
10. Drafting of Affidavit Rs. 500
11. Drafting of any Agreement Rs. 2,000/-
(i.e., excluding the above-mentioned
Agreements)
Note:
Expenses of any kind shall be extra. The party of the second part is at liberty to negotiate
higher fees with the party of first part depending on the nature of the works.
Bangalore- 560003
Associates:
Bangalore- 560003
Associates:
Bangalore- 560003

RETAINERSHIP AGREEMENT Final

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P R LEGAL ASSOCIATES

Advocates and Legal Consultants

RETAINER SHIP AGREEMENT

THIS AGREEMENT is made at Bangalore this 14th day of April 2021

M/s. USPL AIRLABS PVT LTD,

Herein after called and referred to as ‘FIRST PARTY’

Herein after called and referred to as ‘SECOND PARTY’

NOW IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS:

Sl No. Matter Fee Charged

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