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Retainer (1)
RETAINER (1)

Definition: A sum of money that is paid to somebody to make sure they will be available to do work when they are needed.
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* All eight elements should be in.


1. Purposeful and necessary (see perfect READINESS (1)).

2. Paid in accordance with stated terms in an agreement. That is, period covered and form/times of payment, etc. are clearly stated and complied with (see perfect CONTRACT (1)).

3. Sum is considered as reasonable, especially by the payer (connect to #5) (see perfect COVETOUSNESS).

4. Believed that there is no person in the employ of payer who is considered qualified and capable of performing specific and/or particular task(s) (to emphasize) (see perfect CRONYISM (2)).

5. Arrangement is not abused, compromised or used to perpetuate or perpetrate fraud or a wrong. That is, sum is not collected only for a part of it to be 'returned' to paying official(s) (see perfect CORRUPTION (2)).

6. Receiver is promptly available or adequately represented, when his or her services are needed. (And if or when absent without approval or justification, the 'professional' should be prepared to make an appropriate or a commensurate refund.) (See perfect RIGHT (1)).

7. Services should be top grade, in the estimation or service provider, and satisfactory in the opinion of employer (see perfect PROFESSIONAL (1)).

8. (Reserved.) (Charges for additional services that may be rendered are not 'excessive' (see perfect MONEY (2)).
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* RENEWED NEXT YEAR OR TERMINATED.

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