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Consultation Fee Agreement
"I need a Consultation Fee Agreement for my IT consulting firm providing cybersecurity services to financial institutions in Ireland, with strict data protection clauses and a service level agreement that includes response time requirements for security incidents."
1. Parties: Identifies and provides full details of the consultant and the client, including registered addresses and company registration numbers if applicable
2. Background: Brief context of the agreement and the parties' intention to enter into a consultancy arrangement
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Scope of Services: Detailed description of the consultancy 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: Consultation fees, payment schedule, invoicing procedures, and late payment consequences
7. Obligations of the Consultant: Key responsibilities and commitments of the consultant in providing the services
8. Obligations of the Client: Client's responsibilities including providing necessary information and cooperation
9. Confidentiality: Provisions for handling confidential information shared during the consultation
10. Intellectual Property: Ownership and rights regarding any IP created during the consultation
11. Liability and Indemnification: Limits of liability and indemnification obligations of both parties
12. General Provisions: Standard legal clauses including governing law, notices, and entire agreement
1. Data Protection: Detailed GDPR compliance terms - required when personal data processing is involved
2. Non-Compete: Restrictions on competitive activities - used when protecting business interests is crucial
3. Insurance: Insurance requirements - important for high-value or high-risk consultancy
4. Force Majeure: Provisions for unforeseen circumstances - particularly relevant post-COVID
5. Assignment and Subcontracting: Terms for transferring rights or using subcontractors - needed when these possibilities should be addressed
6. Dispute Resolution: Specific procedures for handling disputes - useful for high-value contracts
7. Service Levels: Specific performance metrics and standards - needed when quantifiable deliverables are involved
1. Schedule 1 - Scope of Services: Detailed breakdown of specific services, deliverables, and timelines
2. Schedule 2 - Fee Schedule: Detailed fee structure, including hourly rates, fixed fees, or milestone payments
3. Schedule 3 - Service Levels: Specific performance metrics and standards if applicable
4. Appendix A - Contact Details: Key contact information for both parties
5. Appendix B - Required Documentation: List of documents or certifications required from either party
Authors
Professional Services
Information Technology
Management Consulting
Financial Services
Healthcare
Education
Legal Services
Engineering
Environmental Services
Business Strategy
Human Resources
Marketing and Communications
Research and Development
Sustainability
Legal
Finance
Procurement
Operations
Human Resources
Project Management
Business Development
Compliance
Risk Management
Executive Leadership
Consultant
Management Consultant
Business Advisor
Strategy Consultant
Legal Counsel
Procurement Manager
Contract Manager
Chief Financial Officer
Operations Director
Human Resources Director
Project Manager
Business Development Manager
Finance Director
General Counsel
Chief Executive Officer
Managing Director
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