Annual Legal Retainer Agreement
- Value
- 960,000Excluding VAT
- Term
- 2 years2025-12-01 – 2027-11-301447-06-10 – 1449-07-02 AH
- Owner
- Noura Al-QahtaniHead of Legal Affairs
- Signature & renewal
- Advanced via NafathAuto-renews60 days’ notice
- Draft2025-11-02
- Review2025-11-06
- Approval2025-11-07
- Signing2025-11-21
- Active2025-12-01
- Expiring
- Renew or end
Term elapsed 43% · ends in 412 days
Next step
Track delivery and obligations
Upcoming obligations and payments are in the Obligations tab. You will be alerted 90, 60 and 30 days before the notice deadline.
- Submit the quarterly SLA report2026-11-04
- Review and accept the report within 10 days2026-11-14
- Monthly service governance meeting2026-10-20
No open tasks
Waqqa AI assistant
Executive summary
Al-Zamil & Al-Suwailem Law Firm provides legal advice and litigation for Horizon Group for two years, on a fixed monthly retainer of SAR 40,000 covering up to 60 hours, with extra hours billed at the agreed hourly rate. International arbitration is excluded and priced separately.
Summarised from 10 pages — check the source before relying on it.
Automated suggestion — a human makes the final call
Key terms
Extracted by the AI from the text — each value linked to its clause
- CounterpartyAl-Zamil & Al-Suwailem Law Firm
- Total valueSAR 960,000 excl. VAT
- Term2 years: 1 December 2025 to 30 November 2027
- Payment termsQuarterly instalments, net 30 from invoice, tied to the SLA report
- Liability capCapped at 12 months of fees
- Renewal & noticeAuto-renews for a like term unless either party gives 60 days' notice
- Governing law & disputesSaudi law — Commercial Courts, Riyadh
Risks
Automatic renewal
The contract renews unless we give notice 60 days ahead — make sure the owner is alerted.
MediumLiability cap below our usual position
Our playbook asks for 24 months of fees; the text says 12.
Low
Key dates
Draft created
2025-11-0211 Jumada I 1447 AH346 days ago
Fully signed
2025-11-243 Jumada II 1447 AH324 days ago
Effective date
2025-12-0110 Jumada II 1447 AH317 days ago
Next payment — Quarterly instalment 3
2026-09-2918 Rabiʻ II 1448 AH15 days ago
- Next up
Notice deadline
2027-10-011 Jumada I 1449 AHin 352 days
End date
2027-11-302 Rajab 1449 AHin 412 days
Related
Confidential — named people only