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Consulting Firm Contract
"I need a Consulting Firm Contract for my Hong Kong-based technology consulting company providing cybersecurity services to financial institutions, with strict data protection provisions and compliance with HKMA guidelines, starting March 2025."
1. Parties: Identifies and provides full details of the contracting parties - the consulting firm and the client
2. Background: Sets out the context of the agreement and the parties' intentions
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Scope of Services: Detailed description of the consulting services to be provided
5. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
6. Fees and Payment Terms: Compensation structure, payment schedule, and related terms
7. Obligations of the Consultant: Key responsibilities and commitments of the consulting firm
8. Obligations of the Client: Client's responsibilities including providing necessary information and access
9. Confidentiality: Provisions for protecting confidential information of both parties
10. Intellectual Property Rights: Ownership and usage rights of any IP created during the engagement
11. Data Protection: Compliance with PDPO and data handling requirements
12. Liability and Indemnification: Limits of liability and indemnification obligations
13. Force Majeure: Provisions for unforeseen circumstances preventing performance
14. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction
15. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Non-Competition: Restrictions on competitive activities, used when sensitive market information is involved
2. Insurance: Insurance requirements, included when specific coverage is needed for the services
3. Performance Metrics: Specific KPIs and performance standards, used for measurable service delivery
4. Dispute Resolution: Alternative dispute resolution procedures, included for complex or high-value contracts
5. Transition Services: Procedures for handover at contract end, used for long-term or complex engagements
6. Compliance with Laws: Specific regulatory compliance requirements, included for regulated industries
7. Security Requirements: IT and physical security protocols, used when handling sensitive systems or facilities
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: Key Personnel: List of key team members and their roles
4. Schedule 4: Service Levels: Specific performance metrics and service standards
5. Schedule 5: Client Materials: List of materials and information to be provided by the client
6. Appendix A: Data Processing Agreement: Detailed terms for handling personal data under PDPO
7. Appendix B: Security Protocols: Specific security measures and compliance requirements
Authors
Professional Services
Financial Services
Technology
Management Consulting
Strategy Consulting
IT Consulting
Business Advisory
Healthcare
Real Estate
Manufacturing
Retail
Environmental Services
Education
Telecommunications
Legal
Procurement
Finance
Operations
Business Development
Risk and Compliance
Project Management Office
Commercial
Strategy
Corporate Development
Vendor Management
Contract Administration
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
General Counsel
Legal Counsel
Procurement Manager
Contract Manager
Project Manager
Business Development Director
Operations Director
Finance Director
Compliance Officer
Risk Manager
Commercial Director
Managing Partner
Senior Consultant
Strategy Director
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