Home Contract Samples F Flat Fee Agreement
Trustpilot

Flat Fee Agreement: Definition, Terms, Example

GET FREE PROPOSALS

Jump to Section

What is a Flat Fee Agreement?

A flat fee agreement is a final arrangement between two parties that outlines specific terms and conditions. Typically, this type of agreement is used in legal or business transactions, and it can often be beneficial for both parties involved. For example, when entering into a contract or buying a house, having a flat fee structure can allow each party to clearly understand the financial commitments they will be making.

Additionally, by reducing the need for negotiation around pricing or other terms, the chances of disputes or issues down the road are minimized.

Common Sections in Flat Fee Agreements

Below is a list of common sections included in Flat Fee Agreements. These sections are linked to the below sample agreement for you to explore.

Flat Fee Agreement Sample


                                                          
                                                                                      
 
 
March 1, 2015

Vet Online Supply, LLC
Harold Minsky, CEO
17116 Prairie St.
Northridge, CA 94301
service@vetonlinesupply.com

Dear Mr. Minsky:

The purpose of this letter (the “Agreement”) is to confirm the engagement of Separation Degrees - One, Inc. (“SD”) by Vet Online Supply, LLC (“Client”) commencing on March 1, 2015 to provide design, technical development and interactive media services, such as planning, buying, placement and reporting (the “Services”) as outlined below.

Section 1.  Services, Team and Tools. SD is being contracted with to provide Client with the following Services: 1) interactive design compilations and technical development; 2) on-going maintenance of the technical platform developed by SD; 3) planning and analytical monitoring services; 4) creation of interactive advertising solutions to cover but not be limited to: affiliate program set-up and management, paid search program set-up and management, interactive advertorial, sponsored content and network placement buys technical integration into leading social media platforms.

Section 2.  Proposed Term and Technical Development, including Fees.  The Agreement is a flat fee Agreement in the amount of Fifteen Thousand Dollars ($15,000, nonrefundable, and payable upon signing and shall cover overall optimization/modification of the existing website running on the os commerce platform for increased sales objectives, even further defined as: (a) cosmetic and technical optimization of the existing public facing website, including required copy-editing, a refined “consumer funnel” and enhanced account management features; (b) technical modification and content creation for search engine optimization; (c) technical integration into the social networks of Facebook, Google+, Twitter, Pinterest and Instagram; (d) management of the integration and ongoing selling into the shopping networks for Amazon, eBay and Buy.com; and on-going maintenance of a-c above.
 
Section 3.  Expenses.  In addition to the compensation described in Section 2 above, Client agrees to promptly reimburse SD, upon request from time to time, not more than monthly, for all reasonable out-of-pocket expenses (travel, lodging, meals, printing, etc.) SD incurred and that Client APPROVES IN ADVANCE, and all other expenses shall be the responsibility of the party incurring such expenses.

Section 4.  Payment of Fees and Expenses. Payment for Services will be made in consideration of services rendered and fees will be paid in advance of such services and due and payable upon execution of the Agreement.  Should the amount payable hereunder totaling $15,000 remain unpaid for a period of ninety (90) days from the date hereof, then SD shall have the option to take said fees in the form of shares of common stock of client at $0.10 per share at any time thereafter, at their sole election until such time as fees are paid.  If any Expenses have been incurred, payment will be due within 5 days of the submission of such expenses, which will be turned in at the end of the month of which they were incurred.

Section 5.  Ownership of Work.  Client shall retain all rights to all work performed by SD.

 
1
 
Section 6.  Confidentiality.  Each party to this Agreement shall maintain as strictly confidential and not disclose to any third party any financial or other proprietary information (the “Confidential Information”) provided that party by the other party to this Agreement.

The non-disclosing party shall be excepted from the obligations of this section with respect to any portion of Confidential Information to the extent that portion of Confidential Information:

(a) is within the knowledge of the non-disclosing party prior to the Start Date of this Agreement;
 
(b) or is within the public domain or enters the public domain through no fault of the non-disclosing party;
 
(c) or is rightfully disclosed to the non-disclosing party by a third party without obligation of confidentiality, but only to the extent rightfully permitted by the third party.

The obligations of the non-disclosing party under this section with regard to any portion of Confidential Information shall continue for a term of twenty four (24) months from the Start Date of this Agreement, or until one of the exceptions identified above applies to that portion of Confidential Information.
 
Section 7.  Term of Engagement.
(a)           SD’s engagement and all rights and obligations of the parties hereto shall commence upon SD’s receipt of a signed copy of the Agreement, and a mutually agreed upon Start Date.  The Term of the Engagement shall be a set period of time as described in Section 2 above.

Section 8.  Successors and Assigns.  The benefits of this Agreement shall inure to the respective successors and permitted assigns of the parties hereto and of the indemnified parties hereunder and their successors and permitted assigns and representatives, and the obligations and liabilities assumed in this Agreement by the parties hereto shall be binding upon their respective successors and permitted assigns.  This Agreement shall not be assignable by SD without the prior written consent of Client.

Section 9.  Indemnity.  Both parties agree to mutually indemnification each other.

Section 10.  Arbitration.  Unless the Parties mutually agree otherwise in writing, all claims, disputes or other matters in question between the Parties to this Agreement, arising out of or relating to this Agreement or the breach thereof, shall be subject to and decided by arbitration, in accordance with the commercial arbitration rules of the American Arbitration Association then in effect.  The decision of the arbitrator shall be final and binding on each party, and judgment upon the arbitration award may be entered in any court having jurisdiction over the matter.  This Agreement shall be governed by and construed in accordance with the laws of the State of California, without regard to the conflicts of laws rules thereof, and any arbitration shall be brought in Orange County, California using California laws.

 
2
 
Section 11. Force Majeure.  Any failure or delay by either the Client or SD in the performance of its obligations under this Agreement is not a default or breach of the Agreement or a ground for termination under this Agreement to the extent the failure or delay is due to elements of nature or acts of God, acts of war, terrorism, riots, revolutions, legal actions, strikes or other factors beyond the reasonable control of a party (each, a “Force Majeure Event”).  The party failing or delaying due to a Force Majeure Event agrees to give notice to the other party which describes the Force Majeure Event and includes a good faith estimate as to the impact of the Force Majeure Event upon its responsibilities under this Agreement, including, but not limited to, any scheduling changes.  If the Force Majeure Event causes all or a portion of the services to be delayed, or otherwise causes a failure to comply with this Agreement, and continues to occur for more than thirty (30) days after notice of the Force Majeure Event the Term shall be extended for the specific time delay.

Section 12.  Miscellaneous.
(a) Client expressly acknowledges that all opinions and advice (written or oral) given by SD to Client in connection with SD’s engagement are intended solely for the benefit and use of Client.
 
(b) Client shall be under no obligation to enter into or execute any transaction, partnership or other agreement or arrangement with any party as a result of this Agreement and the entry into any transaction, partnership or other agreement or arrangement shall be in the sole discretion of Client.
 
(c) Client is a sophisticated business enterprise that has retained SD for the limited purposes set forth in this Agreement, and the parties acknowledge and agree that their respective rights and obligations are contractual in nature.  In the event of any business transaction or engagement, each party disclaims an intention to impose fiduciary obligations on the other by virtue of the engagement contemplated by the Agreement, and each party agrees that there is no fiduciary relationship between them.
 
(d) Client represents and warrants to SD that SD's engagement hereunder has been duly authorized and approved by all corporate action by Client and this letter Agreement has been duly executed and delivered by Client and constitutes a legal, valid and binding obligation of Client.  SD represents and warrants to Client that SD’s engagement hereunder has been duly authorized and approved by all necessary limited liability company action by SD and this letter Agreement has been duly executed and delivered by SD and constitutes a legal, valid and binding obligation of SD.
 
(e) Pending Client’s written approval, SD shall have the right to include Client’s name, logo and any non-confidential information relating to the project in SD’s website and marketing materials.
 
(f) The Client acknowledges that it is not relying on the advice of SD for tax, legal or accounting matters it is seeking, and will rely on the advice of its own professionals and advisors for such matters.
 
(g) This Agreement may be executed in one or more counterparts, which together shall constitute the same agreement.
 

***

 


 
3
 


This Agreement shall constitute the full scope of the relationship between SD and Client.  Please sign this letter at the place indicated below, whereupon it will constitute our mutually binding agreement with respect to the matters contained herein.

Sincerely,

SEPARATION DEGREES - ONE, INC.


By:    /s/Gannon Giguiere
Gannon Giguiere
President, CEO

Agreed to and accepted:

VET ONLINE SUPPLY, LLC
 

 
By:/s/ Harold Minsky
           Harold Minsky
           CEO



 
Separation Degrees - One, Inc.
77 Geary Street, 5th Floor · San Francisco, CA 94108 · T: 949.500.6960 F: 949.209.1920
* CONFIDENTIAL *
Technical and Media Agreement
 
4
 

 
 
 

Reference:
Security Exchange Commission - Edgar Database, EX-10.2 8 ex102.htm MARCH 1, 2015 CONSULTING ENGAGEMENT SEPARATION DEGREES-ONE, INC., Viewed October 25, 2022, View Source on SEC.

Who Helps With Flat Fee Agreements?

Lawyers with backgrounds working on flat fee agreements work with clients to help. Do you need help with a flat fee agreement?

Post a project in ContractsCounsel's marketplace to get free bids from lawyers to draft, review, or negotiate flat fee agreements. All lawyers are vetted by our team and peer reviewed by our customers for you to explore before hiring.


ContractsCounsel is not a law firm, and this post should not be considered and does not contain legal advice. To ensure the information and advice in this post are correct, sufficient, and appropriate for your situation, please consult a licensed attorney. Also, using or accessing ContractsCounsel's site does not create an attorney-client relationship between you and ContractsCounsel.


How ContractsCounsel Works
Hiring a lawyer on ContractsCounsel is easy, transparent and affordable.
1. Post a Free Project
Complete our 4-step process to provide info on what you need done.
2. Get Bids to Review
Receive flat-fee bids from lawyers in our marketplace to compare.
3. Start Your Project
Securely pay to start working with the lawyer you select.
POST A PROJECT NOW

Meet some of our Flat Fee Agreement Lawyers

Paul M. on ContractsCounsel
View Paul
5.0 (17)
Member Since:
October 25, 2023

Paul M.

Ceo
Free Consultation
Providence, RI
21 Yrs Experience
Licensed in LA, MA, RI
Loyola New Orleans

Transactional attorney and corporate in house counsel for 15 years. Draft all types of contracts and employment agreements.

Recent  ContractsCounsel Client  Review:
5.0

"Paul was great to work with - he got back to me incredibly quickly, had a competitive price, and gave me the feedback I was looking for in a way that was very easy for me to understand, and gave me confidence to move forward with my independent consulting contracts. Thanks, Paul!"

See all Paul's reviews
Corey H. on ContractsCounsel
View Corey
Member Since:
October 20, 2023

Corey H.

Managing Partner
Free Consultation
Richmond, Virginia
17 Yrs Experience
Licensed in DC, MA, VA
UC Berkeley Law - LL.M

Veritas Global Law, PLLC ("Veritas") is a law firm specializing in Life Sciences, Private Equity, M&A, technology transactions and general corporate law. Veritas frequently represents clients seeking cost a cost efficient, on-demand, general counsel in a variety of general corporate law matters, and a range of contracts including NDAs, MSAs, Software as a Service (Saas) agreements. Veritas also represents U.S. and non-U.S. private investment fund GPs and LPs across a broad range of activities with a particular emphasis on private equity, venture capital, secondary funds, distressed funds and funds of funds. Mr. Harris received his LL.M. from the University of California, Berkeley, Boalt Hall School of Law and served as an articles editor of the Berkeley Business Law Journal and was an active member of the Berkeley Center for Law Business and the Economy. Additionally, Mr. Harris also holds a J.D. from Boston College Law School, a M.B.A. from the Boston College Carroll School of Management, a B.A. from Hampton University in Political Science with a minor in Economics and Spanish and a certificate in financial valuation from the University of Oxford, Saïd Business School.

Samantha P. on ContractsCounsel
View Samantha
Member Since:
October 24, 2023

Samantha P.

Family Law Attorney
Free Consultation
Honolulu, Hawaii
6 Yrs Experience
Licensed in HI
William S. Richardson School of Law at the University of Hawaii

Samantha earned her J.D. at the University of Hawaii, William S. Richardson School of Law and has been a member of the Hawaii State Bar Association since 2020. Samantha has worked as a Family Law attorney in Hawaii since 2020, and has represented clients on a variety of family law matters including: premarital agreements, pre- and post-judgement custody, parenting time and child support issues, pre- and post-divorce issues, interstate custody, and paternity issues. Samantha is a certified E-RYT 200 yoga instructor, taught yoga classes at the Modern Hotel in Waikiki throughout law school, and continues to teach yoga classes at various yoga studios in Honolulu to this day.

James S. on ContractsCounsel
View James
Member Since:
October 30, 2023

James S.

Managing Partner
Free Consultation
Little Rock, Arkansas
30 Yrs Experience
Licensed in AR, TN
UALR School of Law

https://www.linkedin.com/in/james-swindle/

Alan V. on ContractsCounsel
View Alan
Member Since:
October 30, 2023

Alan V.

Staff Attorney
Free Consultation
Birmingham, AL
5 Yrs Experience
Licensed in AL
Birmingham School of Law

Bilingual attorney currently employed as a staff attorney for Legal Services of Alabama. Previous legal background includes clerkship with Judge Dorothea Batiste in the field of Domestic Relations. Legal background also includes being an associate at the prestigious firm of Shelnutt & Varner. I performed criminal defense, family, probate, and personal injury services for the firm.

Matthew F. on ContractsCounsel
View Matthew
Member Since:
October 30, 2023

Matthew F.

Attorney
Free Consultation
Lawrence, KS
7 Yrs Experience
Licensed in KS
University of Kansas

Matthew grew up in Leawood, Kansas. He graduated from the University of Kansas with a Bachelor of Arts degree in Political Science and Communications in 2016 and from the University of Kansas School of Law in 2019 where he received a Business and Commercial Law Certificate. During his time as an undergraduate, he worked at a consulting firm focused on political campaigns and corporate public relations. In May of 2020, he will receive an MBA with a focus on finance from the University of Kansas Business School. Matthew is interested in several practice areas including business and commercial law, arbitration, and civil litigation. In his free time, Matthew enjoys playing basketball, using his virtual reality headset and listening to audiobooks.

Katherine V. on ContractsCounsel
View Katherine
Member Since:
November 1, 2023

Katherine V.

Attorney
Free Consultation
Frankfort, Illinois
28 Yrs Experience
Licensed in IL
DePaul University College of Law

I am a skilled legal researcher and writer with a background in contract drafting and negotiation as well as litigation. I've served as an arbitrator for the past three years and have presided over nearly 400 binding arbitrations for an online dispute resolution platform. Additionally, I am a content writer and editor for the insurance division of LexisNexis. In my role as a contractor for LexisNexis, I research, draft, and edit high-quality legal reference tools on a variety of insurance topics for use by lawyers and insurance industry professionals.

Find the best lawyer for your project

Browse Lawyers Now

Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.

View Trustpilot Review

How It Works

Post Your Project

Get Free Bids to Compare

Hire Your Lawyer

GET BIDS NOW
Business lawyers by top cities
See All Business Lawyers
Flat Fee Agreement lawyers by city
See All Flat Fee Agreement Lawyers

Contracts Counsel was incredibly helpful and easy to use. I submitted a project for a lawyer's help within a day I had received over 6 proposals from qualified lawyers. I submitted a bid that works best for my business and we went forward with the project.

View Trustpilot Review

I never knew how difficult it was to obtain representation or a lawyer, and ContractsCounsel was EXACTLY the type of service I was hoping for when I was in a pinch. Working with their service was efficient, effective and made me feel in control. Thank you so much and should I ever need attorney services down the road, I'll certainly be a repeat customer.

View Trustpilot Review

I got 5 bids within 24h of posting my project. I choose the person who provided the most detailed and relevant intro letter, highlighting their experience relevant to my project. I am very satisfied with the outcome and quality of the two agreements that were produced, they actually far exceed my expectations.

View Trustpilot Review

How It Works

Post Your Project

Get Free Bids to Compare

Hire Your Lawyer

GET BIDS NOW

Want to speak to someone?

Get in touch below and we will schedule a time to connect!

Request a call

Find lawyers and attorneys by city