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Advisory Services Contract
"I need an Advisory Services Contract for engaging a cybersecurity consulting firm to provide IT security assessments and recommendations for our fintech startup in India, with strict confidentiality provisions and clear deliverables starting March 2025."
1. Parties: Identification and details of the advisor and the client, including registered addresses and company registration numbers
2. Background: Context of the agreement and brief description of the parties' business relationship
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Services: Detailed description of the advisory services to be provided
5. Term and Termination: Duration of the agreement and conditions for termination
6. Fees and Payment Terms: Compensation structure, payment schedule, and expenses
7. Obligations of the Advisor: Duties, responsibilities, and service standards of the advisor
8. Obligations of the Client: Client's responsibilities, including provision of information and cooperation
9. Confidentiality: Protection of confidential information and trade secrets
10. Intellectual Property Rights: Ownership and usage rights of materials and deliverables
11. Representations and Warranties: Basic warranties about capacity to contract and service quality
12. Limitation of Liability: Caps on liability and exclusions of certain types of damages
13. Force Majeure: Provisions for unforeseen circumstances affecting performance
14. Governing Law and Jurisdiction: Applicable law and courts for dispute resolution
15. General Provisions: Standard boilerplate clauses including notices, assignment, and severability
1. Non-Compete: Restrictions on competitive activities, used when advisor has access to sensitive business information
2. Data Protection: Specific provisions for handling personal data, required when processing sensitive information
3. Insurance: Requirements for professional indemnity insurance, relevant for high-risk advisory services
4. Key Personnel: Identification of specific individuals responsible for service delivery, important for specialized services
5. Compliance with Laws: Specific regulatory compliance requirements, necessary for regulated industries
6. Audit Rights: Client's right to audit advisor's work, relevant for financial or compliance advisory
7. Service Levels: Specific performance metrics and standards, useful for ongoing advisory relationships
8. Change Control: Process for modifying scope or services, important for long-term or complex engagements
1. Schedule A - Scope of Services: Detailed breakdown of services, deliverables, and timelines
2. Schedule B - Fee Schedule: Detailed fee structure, rates, and payment terms
3. Schedule C - Key Personnel: List of key team members and their roles
4. Schedule D - Service Levels: Detailed performance metrics and measurement criteria
5. Appendix 1 - Required Reports: Format and content requirements for advisory reports
6. Appendix 2 - Client Policies: Relevant client policies that advisor must comply with
7. Appendix 3 - Compliance Requirements: Specific regulatory or industry compliance requirements
Authors
Financial Services
Information Technology
Healthcare
Education
Manufacturing
Real Estate
Energy
Telecommunications
Professional Services
Retail
Government
Non-Profit
Construction
Environmental Services
Media and Entertainment
Legal
Procurement
Finance
Compliance
Risk Management
Operations
Business Development
Project Management
Human Resources
Strategic Planning
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Procurement Manager
Contract Manager
Business Development Manager
Project Manager
Management Consultant
Financial Advisor
Strategic Planning Director
Operations Manager
Compliance Officer
Risk Manager
Department Head
Human Resources Director
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