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Advisory Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Advisory Agreement

"I need an Advisory Agreement for my technology consulting firm based in Hong Kong to provide digital transformation services to a multinational retail company, including data privacy compliance and cybersecurity advisory starting March 2025."

Document background
This Advisory Agreement is designed for use in the Hong Kong jurisdiction when establishing formal advisory relationships between professional service providers and their clients. The document is essential for both regulated and non-regulated advisory services, providing a legally robust framework that complies with Hong Kong's common law system and relevant ordinances. It typically includes detailed provisions on service scope, fees, confidentiality, intellectual property rights, and liability limitations. The agreement is particularly important in Hong Kong's business environment where professional advisory services often involve cross-border elements and must comply with specific regulatory requirements, especially in regulated sectors like financial services. The Advisory Agreement serves as a critical risk management tool while providing clarity on the rights and obligations of all parties involved.
Suggested Sections

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

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 defined for clarity and legal certainty

4. Scope of Services: Detailed description of the advisory services to be provided, including any limitations

5. Term and Termination: Duration of the agreement and circumstances under which it can be terminated by either party

6. Fees and Payment Terms: Advisory fees, payment schedule, expenses, and invoicing procedures

7. Obligations of the Advisor: Advisor's duties, standard of care, and professional commitments

8. Obligations of the Client: Client's responsibilities, including providing information and cooperation

9. Confidentiality: Protection and handling of confidential information shared during the advisory relationship

10. Intellectual Property: Ownership and usage rights of materials and advice provided

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

12. General Provisions: Standard clauses including governing law, notices, amendment procedures, and entire agreement

Optional Sections

1. Regulatory Compliance: Required when advisory services fall under specific regulatory frameworks like SFC regulations

2. Non-Competition: Used when protecting against competitive activities is necessary

3. Force Majeure: Important in long-term advisory relationships to address unforeseen circumstances

4. Data Protection: Required when personal data processing is involved in the advisory services

5. Insurance: Needed when specific professional insurance requirements apply

6. Assignment and Delegation: Important when either party may need to transfer rights or delegate duties

7. Dispute Resolution: Optional detailed procedures for handling disputes, including mediation or arbitration

8. Service Levels: Used when specific performance metrics or response times need to be established

Suggested Schedules

1. Schedule 1 - Detailed Scope of Services: Comprehensive breakdown of specific advisory services, deliverables, and timelines

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, rates, and payment terms

3. Schedule 3 - Key Personnel: List of key team members and their roles in providing the advisory services

4. Schedule 4 - Service Levels: Specific performance metrics and service standards if applicable

5. Schedule 5 - Compliance Requirements: Specific regulatory or compliance requirements applicable to the services

6. Appendix A - Required Forms and Templates: Standard forms or templates to be used in service delivery

7. Appendix B - Client Policies: Relevant client policies that the advisor must comply with

8. Appendix C - Data Processing Requirements: Specific requirements for handling personal or sensitive data if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions









































Clauses



































Relevant Industries

Financial Services

Professional Services

Technology

Management Consulting

Healthcare

Real Estate

Education

Manufacturing

Retail

Energy

Environmental Services

Telecommunications

Relevant Teams

Legal

Compliance

Business Development

Operations

Finance

Risk Management

Procurement

Corporate Strategy

Client Services

Professional Services

Contract Administration

Relevant Roles

Chief Executive Officer

Managing Director

Legal Counsel

Compliance Officer

Business Development Manager

Financial Advisor

Management Consultant

Strategy Consultant

Investment Manager

Operations Director

Risk Manager

Contract Manager

Project Manager

Business Advisor

Technical Consultant

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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