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Advisor Contract
"I need an Advisor Contract for engaging a cybersecurity consultant who will provide technical advisory services to our Nigerian fintech company starting March 2025, with strict confidentiality provisions and compliance with Nigerian Data Protection Regulations."
1. Parties: Identification of the company/individual engaging the advisor and the advisor's details
2. Background: Context of the advisory relationship and brief description of why the advisor is being engaged
3. Definitions: Key terms used throughout the agreement defined for clarity and legal certainty
4. Appointment and Scope of Services: Details of the advisor's appointment and specific services to be provided
5. Term and Duration: Period of the advisory relationship, including start date and duration
6. Advisor's Obligations: Detailed responsibilities and duties of the advisor
7. Client's Obligations: Responsibilities and obligations of the engaging party
8. Fees and Payment Terms: Compensation structure, payment schedule, and expense reimbursement terms
9. Confidentiality: Obligations regarding confidential information and trade secrets
10. Intellectual Property: Ownership and rights to any intellectual property created during the advisory relationship
11. Termination: Conditions and process for ending the advisory relationship
12. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes
13. Entire Agreement: Standard clause confirming the contract represents the entire agreement between parties
1. Non-Compete: Restrictions on advisor's ability to work with competitors, include when advisor will have access to sensitive competitive information
2. Non-Solicitation: Restrictions on soliciting clients or employees, relevant when advisor has significant client contact
3. Insurance Requirements: Specific insurance coverage requirements, include when advisor's services involve significant risks
4. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term advisory relationships
5. Data Protection: Specific provisions for handling personal data, include when advisor will process personal information
6. Professional Qualifications: Requirements for maintaining professional certifications, include for regulated professions
7. Performance Metrics: Specific KPIs or performance standards, include when advisory services are measurable
8. Subcontracting: Terms for engaging subcontractors, include when advisor may need to delegate work
1. Schedule A - Scope of Services: Detailed breakdown of specific services to be provided by the advisor
2. Schedule B - Fee Structure: Detailed fee calculations, rates, and payment terms
3. Schedule C - Key Personnel: List of key individuals involved in providing the advisory services
4. Schedule D - Service Levels: Specific performance standards and metrics if applicable
5. Schedule E - Compliance Requirements: Specific regulatory or compliance requirements applicable to the services
6. Appendix 1 - Required Qualifications: List of required professional qualifications and certifications
7. Appendix 2 - Reporting Templates: Standard formats for any required reporting by the advisor
Authors
Financial Services
Technology
Healthcare
Energy
Manufacturing
Professional Services
Education
Telecommunications
Real Estate
Construction
Mining
Agriculture
Entertainment
Retail
Transportation
Oil and Gas
Legal
Human Resources
Procurement
Finance
Executive Leadership
Operations
Project Management
Compliance
Risk Management
Business Development
Administrative Services
Legal Counsel
HR Manager
Procurement Manager
Chief Financial Officer
Chief Executive Officer
Operations Director
Project Manager
Management Consultant
Technical Advisor
Financial Advisor
Strategy Consultant
Business Development Manager
Compliance Officer
Risk Manager
Department Head
General Manager
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