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Business Advisory Agreement
"I need a Business Advisory Agreement for my tech startup to engage a strategic advisor who will help with international expansion and funding rounds, with the agreement starting from March 2025 and including strong IP protection clauses."
1. Parties: Identification and details of the advisor and the client company
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment and Scope of Services: Clear description of the advisor's appointment and detailed scope of advisory 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: Advisory fees, payment schedule, expenses, and related financial terms
7. Obligations of the Advisor: Specific duties, responsibilities, and standard of care expected from the advisor
8. Client's Obligations: Client's responsibilities, including providing information and cooperation
9. Confidentiality: Obligations regarding confidential information and trade secrets
10. Intellectual Property: Ownership and rights to materials, reports, and deliverables
11. Limitation of Liability: Extent and limitations of the advisor's liability
12. Force Majeure: Provisions for unforeseen circumstances affecting performance
13. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes
14. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Non-Competition: Restrictions on advisor's ability to work with competitors, used when dealing with sensitive industry information
2. Data Protection: Specific provisions for handling personal data under PDPA 2010, required when personal data processing is involved
3. Anti-Corruption Compliance: Detailed anti-corruption provisions, recommended for high-value or public sector related advisory
4. Insurance: Requirements for professional indemnity insurance, useful for high-risk advisory services
5. Key Personnel: Identification of specific individuals responsible for providing services, important for expertise-dependent services
6. Dispute Resolution: Alternative dispute resolution procedures, recommended for complex or high-value agreements
7. Performance Metrics: Specific KPIs or performance standards, useful for measurable advisory services
8. Subcontracting: Terms for engaging subcontractors, needed if advisor may need to involve third parties
1. Schedule 1 - Scope of Services: Detailed breakdown of specific advisory services to be provided
2. Schedule 2 - Fee Structure: Detailed fee calculations, rates, and payment terms
3. Schedule 3 - Service Levels: Specific performance standards and response times
4. Schedule 4 - Key Personnel: Details of key team members and their qualifications
5. Schedule 5 - Reporting Requirements: Format and frequency of reports and deliverables
6. Appendix A - Confidentiality Agreement: Detailed confidentiality terms and procedures
7. Appendix B - Compliance Procedures: Specific compliance requirements and procedures
Authors
Financial Services
Professional Services
Management Consulting
Technology
Manufacturing
Real Estate
Healthcare
Education
Retail
Telecommunications
Energy
Construction
Agriculture
Transportation
Hospitality
Legal
Finance
Executive Management
Operations
Strategy
Procurement
Risk Management
Compliance
Corporate Development
Project Management
Business Development
Commercial
Chief Executive Officer
Managing Director
Chief Financial Officer
Legal Counsel
Business Development Manager
Operations Director
Strategy Manager
Procurement Manager
Risk Management Officer
Compliance Officer
Finance Director
Company Secretary
Commercial Director
Business Advisor
Management Consultant
Project Manager
Corporate Development Manager
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