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Management Consulting Agreement
"I need a Management Consulting Agreement for a technology transformation project in the financial services sector, with strict data protection provisions and specific performance metrics for the consulting deliverables."
1. Parties: Identifies and provides full legal details of the consulting firm and the client company
2. Background: Sets out the context of the agreement and the client's desire to engage the consultant's services
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Appointment and Scope of Services: Establishes the consultant's appointment and outlines the agreed services to be provided
5. Term: Specifies the duration of the agreement, including start date and initial term
6. Consultant's Obligations: Details the consultant's key responsibilities, standards of service, and compliance requirements
7. Client's Obligations: Outlines the client's responsibilities, including provision of information and cooperation
8. Fees and Payment: Specifies consulting fees, payment terms, expenses, and invoicing procedures
9. Intellectual Property Rights: Addresses ownership and usage rights of pre-existing and created intellectual property
10. Confidentiality: Details confidentiality obligations and handling of sensitive information
11. Data Protection: Establishes GDPR compliance and data handling requirements
12. Liability and Indemnification: Sets out liability limitations and indemnification obligations
13. Termination: Specifies termination rights, notice periods, and consequences of termination
14. General Provisions: Contains standard boilerplate clauses including governing law, notices, and entire agreement
1. Non-Competition: Restricts consultant from competing activities - include when protecting market position is crucial
2. Non-Solicitation: Prevents poaching of employees/clients - relevant for long-term engagements
3. Insurance: Specifies required insurance coverage - important for high-risk or regulated industries
4. Service Levels: Defines specific performance metrics - include for complex or critical services
5. Change Control: Procedures for changing scope/services - important for long-term or complex projects
6. Force Majeure: Addresses unforeseeable circumstances - particularly relevant post-COVID
7. Anti-Corruption: Additional compliance provisions - important for public sector or international work
8. Assignment and Subcontracting: Controls on transfer of rights/obligations - include when delegation is a concern
1. Schedule 1 - Services Description: Detailed description of consulting services, deliverables, and timelines
2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, rates, payment milestones, and expense policies
3. Schedule 3 - Key Personnel: Lists key consultant team members and their roles/qualifications
4. Schedule 4 - Service Levels: Detailed performance metrics and measurement criteria
5. Schedule 5 - Data Processing Agreement: GDPR-compliant data processing terms and details
6. Schedule 6 - Client Policies: Relevant client policies consultant must comply with
7. Appendix A - Project Timeline: Detailed project phases and delivery dates
8. Appendix B - Required Reports: Templates and specifications for required reporting
Authors
Financial Services
Technology
Healthcare
Manufacturing
Retail
Professional Services
Energy
Telecommunications
Public Sector
Education
Transportation
Real Estate
Construction
Non-profit
Media and Entertainment
Legal
Procurement
Finance
Human Resources
Operations
Strategy
Risk and Compliance
Project Management Office
Business Development
Executive Leadership
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Procurement Manager
Legal Counsel
Contract Manager
Project Manager
HR Director
Department Head
Operations Director
Strategy Director
Business Development Manager
Risk Manager
Compliance Officer
Finance Director
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