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Hourly Consulting Agreement
"I need an Hourly Consulting Agreement for providing IT security consulting services to a large financial institution, with specific provisions for data protection and confidentiality, and an hourly rate of £250."
1. Parties: Identification and details of the consultant and client
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Services: Detailed description of consulting services to be provided
5. Fees and Payment: Hourly rate, payment terms, expenses, and invoicing procedures
6. Term and Termination: Duration of agreement and circumstances for termination
7. Obligations of the Consultant: Key responsibilities and commitments of the consultant
8. Obligations of the Client: Key responsibilities and commitments of the client
9. Intellectual Property: Ownership and rights to work product
10. Confidentiality: Protection of confidential information
1. Non-Compete: Restrictions on working with competitors - used when protecting business interests is crucial
2. Insurance: Required insurance coverage - used when services involve significant risk or liability
3. Data Protection: GDPR compliance obligations - used when personal data processing is involved
4. Force Majeure: Provisions for unforeseeable circumstances - used when long-term or critical services are involved
1. Schedule 1 - Services Description: Detailed scope of services and deliverables
2. Schedule 2 - Fee Schedule: Detailed breakdown of rates and payment terms
3. Schedule 3 - Service Levels: Performance metrics and standards for complex or ongoing services
4. Appendix A - Contact Details: Key personnel and communication protocols
Authors
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