Retained Assignment Clause Samples
A Retained Assignment clause defines the rights or obligations that a party keeps or maintains, even after transferring other rights or responsibilities under an agreement. Typically, this clause specifies certain tasks, intellectual property, or responsibilities that are not assigned to another party and remain with the original holder. For example, a company selling part of its business may retain ownership of specific patents or ongoing liabilities. The core function of this clause is to clearly delineate which rights or duties are excluded from the assignment, thereby preventing misunderstandings and disputes over what has or has not been transferred.
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Retained Assignment. Retained assignment services require an exclusive agreement where you will pay us in three stages as detailed in the Retained Assignment document. The Retainer Fee is payable within 7 days from the date of issue of the relevant invoice.
Retained Assignment. The Initial Fee of the Retained Assignment is payable on RW’s acceptance of a Retained Assignment; • The Interim Fee of the Retained Assignment is payable on RW’s presentation to the Client of a short list or within three (3) weeks from the date of the T&Cs being signed, whichever comes first. • Completion Fee of the Retained Assignment plus any business taxes shall be paid within thirty (30) days from date of invoice or within seven (7) days from the Candidate’s commencement of employment, whichever is the later; • In the event the Client cancels the Retained Assignment, any prior invoiced fees for such Retained Assignment Fee (whether Initial Fee, Interim Fee or the Completion Fee) as well as any advertising costs and agreed expenses will become payable immediately and are strictly non-refundable.