CONSULTING & RETAINER AGREEMENT
This Agreement is made effective as of ___________ 2005, by and between ________________
and Bob Stackhouse of Preferred Financial Consulting, of 8863 Greenback Lane #210,
Orangevale, California 95662.
In this Agreement, the party who is contracting to receive services shall be referred to as
"Client", and the party who will be providing the services shall be referred to as "Consultant".
Consultant has a background in Lending and Business Consulting and is willing to provide
services to Client based on this background. Client remains responsible for all of their decisions.
Client desires to have services provided by Consultant.
Therefore, the parties agree as follows:
1. DESCRIPTION OF SERVICES Beginning on ____________ 2005, Consultant will
provide the following services (collectively, the "Services"): Assist Client as they seek to
accomplish any of the following:
Edit a business plan, training as requested, guide client in providing a loan package for
the purpose of financing growth, and/or other advisory services. Services are considered
management consulting designed to strengthen the company's outlook. Consultant does
not guarantee funding of a loan. Services are billed at $________ per hour.
Additional services are available such as: traditional SBA loan packaging, business valuations,
marketing research, strategic planning, change management, raising capital and investment
2. PERFORMANCE OF SERVICES. The manner in which the Services are to be performed
and the specific hours to be worked by Consultant shall be determined by Consultant. Client will
rely on Consultant to work as many hours as may be reasonably necessary to fulfill Consultant's
obligations under this Agreement.
3. RETAINER/PAYMENT. Client will pay a retainer to Consultant for the Services in the
$____________ This fee shall be payable in advance upon contract signing. This
retainer is non-refundable. Consultant shall bill first to the retainer. Upon depletion of retainer,
Client shall pay additional fees, if any, upon presentment of a billing statement by Consultant.
4. EXPENSE REIMBURSEMENT. Consultant shall be entitled to reimbursement from Client
for the following "out-of-pocket" expenses: travel expenses and travel related meals.
5. SUPPORT SERVICES. Client will provide the following support services for the benefit of
Consultant: Provide all documents and information necessary to complete loan package.
6. TERM/TERMINATION. This Agreement shall terminate automatically upon completion
by Consultant of the Services required by this Agreement or 1 year from the effective date of