¶¶Òõ¶ÌÊÓƵ

The Advisor Contract Template is designed for use in the United Arab Emirates business environment where organizations frequently engage external expertise for various advisory services. This template addresses the specific requirements of UAE Federal Laws, including Labor Law No. 33 of 2021 and Civil Transactions Law No. 5 of 1985, while providing flexibility to accommodate different types of advisory relationships. It serves as a comprehensive framework for businesses operating in the UAE to engage advisors, consultants, or advisory firms, incorporating necessary provisions for compliance, risk management, and business protection. The template includes UAE-specific considerations such as language requirements, local dispute resolution mechanisms, and regulatory compliance obligations.

1. Parties: Identification of the client and advisor, including full legal names, addresses, and commercial registration details

2. Background: Context of the advisory relationship and brief description of the advisor's expertise and client's requirements

3. Definitions: Key terms used throughout the agreement, including 'Services', 'Deliverables', 'Confidential Information', etc.

4. Appointment and Scope: Terms of advisor's appointment and detailed scope of advisory services

5. Term: Duration of the agreement, including commencement date and any renewal provisions

6. Advisor's Obligations: Detailed responsibilities, service standards, and performance requirements

7. Client's Obligations: Client's responsibilities, including provision of information and cooperation

8. Fees and Payment: Compensation structure, payment terms, expenses, and invoicing procedures

9. Confidentiality: Obligations regarding confidential information and trade secrets

10. Intellectual Property: Ownership and usage rights of any IP created during the engagement

11. Liability and Indemnification: Limitation of liability and mutual indemnification provisions

12. Termination: Grounds for termination, notice periods, and consequences of termination

13. General Provisions: Standard clauses including notices, amendments, entire agreement, etc.

14. Governing Law and Jurisdiction: Specification of UAE law and jurisdiction, with dispute resolution provisions