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Hourly Consulting Agreement
"I need an Hourly Consulting Agreement for a senior IT security consultant who will be working remotely from Vancouver for our Toronto-based fintech company, starting March 2025, with access to sensitive client data and the ability to subcontract certain tasks."
1. Parties: Identification of the client and consultant, including full legal names and addresses
2. Background: Context of the agreement and confirmation of consultant's independent contractor status
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of consulting services to be provided
5. Term and Termination: Duration of the agreement and termination provisions
6. Fees and Payment Terms: Hourly rate, invoicing schedule, and payment terms
7. Independent Contractor Relationship: Clear statement of independent contractor status and its implications
8. Confidentiality: Protection of confidential information and trade secrets
9. Intellectual Property: Ownership and rights to work product and pre-existing IP
10. Representations and Warranties: Consultant's qualifications and standard warranties
11. Limitation of Liability: Caps on liability and exclusions
12. Indemnification: Mutual or one-way indemnification obligations
13. Insurance: Required insurance coverage
14. General Provisions: Standard boilerplate clauses including governing law, notices, and amendments
1. Non-Competition: Restrictions on competing activities - include when protecting client's market position is crucial
2. Non-Solicitation: Restrictions on soliciting employees/clients - include when protecting business relationships is important
3. Expenses: Terms for reimbursement of expenses - include when consultant may incur project-related expenses
4. Equipment and Resources: Provision of tools and resources - include when specific equipment or access needs to be provided
5. Performance Metrics: Specific performance standards - include when measurable outcomes are required
6. Subcontracting: Rights to subcontract services - include when consultant may need to delegate work
7. Data Protection: Specific data handling requirements - include when personal or sensitive data is involved
8. Change Control: Process for changing scope - include for complex or long-term engagements
1. Schedule A - Services Description: Detailed scope of work, deliverables, and timelines
2. Schedule B - Fee Schedule: Detailed breakdown of hourly rates and any variable fee structures
3. Schedule C - Expense Policy: Eligible expenses and reimbursement procedures
4. Schedule D - Service Levels: Performance standards and metrics if applicable
5. Schedule E - Confidential Information: Specific items considered confidential
6. Appendix 1 - Insurance Requirements: Detailed insurance coverage requirements
7. Appendix 2 - Approved Subcontractors: List of pre-approved subcontractors if applicable
Authors
Technology
Management Consulting
Financial Services
Healthcare
Education
Manufacturing
Professional Services
Energy
Construction
Non-Profit
Retail
Media and Entertainment
Real Estate
Environmental Services
Legal
Human Resources
Procurement
Finance
Operations
Project Management
Risk Management
Compliance
Business Development
Administration
Chief Executive Officer
Chief Financial Officer
General Counsel
Legal Counsel
HR Director
Procurement Manager
Project Manager
Department Head
Operations Director
Business Development Manager
Consultant
Independent Contractor
Freelance Professional
Contract Administrator
Risk Manager
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