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Consulting Fee Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Consulting Fee Agreement

"I need a Consulting Fee Agreement for a technology consulting firm providing digital transformation services to a Hong Kong-based retail company, with specific provisions for data protection and intellectual property rights for custom software development."

Document background
The Consulting Fee Agreement is essential for businesses in Hong Kong engaging external expertise through consulting arrangements. It provides a legally robust framework for defining the consulting relationship, scope of services, and compensation structure while ensuring compliance with Hong Kong laws and regulations. This document is particularly important for distinguishing consulting relationships from employment relationships, addressing key aspects such as fee structures, service deliverables, intellectual property rights, and confidentiality obligations. The agreement should be used whenever engaging consultants or professional service providers for project-based or ongoing advisory services, ensuring clear terms and protecting both parties' interests under Hong Kong jurisdiction.
Suggested Sections

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

2. Background: Context of the consulting arrangement and brief description of the parties' intentions

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 circumstances for termination

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

7. Independent Contractor Relationship: Clear statement of consultant's status as independent contractor, not employee

8. Consultant's Obligations: Key responsibilities, performance standards, and delivery requirements

9. Client's Obligations: Client's responsibilities including providing necessary information and access

10. Confidentiality: Protection of confidential information and trade secrets

11. Intellectual Property: Ownership and rights to work product and pre-existing IP

12. Limitation of Liability: Boundaries of consultant's liability and any indemnification provisions

13. General Provisions: Standard clauses including governing law, notices, and entire agreement

Optional Sections

1. Non-Compete: Restrictions on consultant's ability to work with competitors (include if protecting market position is crucial)

2. Insurance: Requirements for professional liability or other insurance (include for high-risk or regulated industries)

3. Data Protection: Specific provisions for handling personal data (include if personal data processing is involved)

4. Force Majeure: Provisions for unforeseen circumstances (include if long-term or critical services)

5. Assignment: Rights to transfer the agreement (include if either party might need to assign rights)

6. Dispute Resolution: Specific procedures for handling disputes (include if preferring arbitration or specific resolution methods)

7. Warranties: Specific guarantees about services or qualifications (include for specialized services)

8. Compliance with Laws: Specific regulatory compliance requirements (include for regulated industries)

Suggested Schedules

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

2. Schedule 2 - Fee Schedule: Detailed fee structure, rates, and payment milestones

3. Schedule 3 - Service Levels: Specific performance metrics and standards if applicable

4. Appendix A - Client Materials: List of materials/information to be provided by client

5. Appendix B - Consultant's Team: Key personnel and their roles if relevant

6. Appendix C - Compliance Requirements: Specific regulatory or industry requirements 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

Technology

Financial Services

Management Consulting

Professional Services

Healthcare

Education

Real Estate

Manufacturing

Retail

Digital Marketing

IT Services

Business Strategy

Human Resources

Environmental Consulting

Engineering

Construction

Market Research

Telecommunications

Relevant Teams

Legal

Procurement

Finance

Human Resources

Operations

Project Management

Business Development

Commercial

Compliance

Risk Management

Contract Administration

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Procurement Manager

Project Manager

Business Development Manager

Human Resources Director

Operations Manager

Department Head

Finance Manager

Contracts Manager

General Counsel

Commercial Director

Management Consultant

Independent Contractor

Freelance Consultant

Professional Advisor

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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