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Business Advisor Agreement Template for Pakistan

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Key Requirements PROMPT example:

Business Advisor Agreement

"I need a Business Advisor Agreement for a technology startup in Pakistan engaging a financial advisory firm for a 12-month period starting January 2025, with specific focus on fundraising and growth strategy, including provisions for equity-based compensation."

Document background
The Business Advisor Agreement is a crucial document used in Pakistan when engaging professional advisory services for business operations, strategy, or specific projects. It is designed to comply with Pakistani legal requirements, including the Contract Act 1872 and relevant business regulations, while establishing a clear consultant-client relationship. This agreement is essential when businesses seek external expertise for areas such as strategic planning, operational improvement, financial advisory, or market expansion. The document comprehensively covers service scope, fees, confidentiality, intellectual property rights, and professional obligations, while ensuring proper distinction from employment relationships under Pakistani law. It's particularly important for protecting both parties' interests and establishing clear professional boundaries and expectations in business advisory relationships.
Suggested Sections

1. Parties: Identification of the Business Advisor and the Client, including full legal names, addresses, and registration details if applicable

2. Background: Context of the agreement, brief description of the Client's business, and the Advisor's expertise and qualifications

3. Definitions: Key terms used throughout the agreement, including 'Services', 'Deliverables', 'Confidential Information', and 'Intellectual Property'

4. Appointment and Scope of Services: Formal appointment of the advisor and detailed description of the advisory services to be provided

5. Term and Termination: Duration of the agreement, renewal terms, and circumstances under which either party may terminate the agreement

6. Fees and Payment Terms: Compensation structure, payment schedule, expenses policy, and applicable taxes

7. Obligations of the Advisor: Professional standards, availability, reporting requirements, and specific commitments of the advisor

8. Obligations of the Client: Client's responsibilities, including providing necessary information and cooperation

9. Confidentiality: Obligations regarding confidential information, including handling, protection, and return of sensitive data

10. Intellectual Property: Ownership and rights regarding any IP created during the advisory relationship

11. Independent Contractor Status: Clear statement of advisor's status as independent contractor, not an employee

12. Limitation of Liability: Extent and limitations of the advisor's liability for services provided

13. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and jurisdiction for dispute resolution

14. General Provisions: Standard clauses including notices, entire agreement, amendments, and severability

Optional Sections

1. Non-Compete: Restrictions on advisor's ability to work with competing businesses, include when the advisory services are highly specialized or industry-specific

2. Force Majeure: Provisions for unforeseen circumstances preventing performance, particularly relevant in uncertain business environments

3. Insurance: Requirements for professional indemnity or other insurance coverage, include when advisory services involve high-value transactions or significant risk

4. Assignment and Delegation: Rights to transfer or delegate obligations, include when working with larger organizations or firms

5. Data Protection: Specific provisions for handling personal data, include when advisory services involve processing personal information

6. Anti-Corruption Compliance: Specific provisions ensuring compliance with anti-corruption laws, include when dealing with government-related work or international clients

7. Shariah Compliance: Specific provisions ensuring compliance with Islamic law principles, include when parties require Shariah-compliant arrangements

Suggested Schedules

1. Schedule 1: Scope of Services: Detailed breakdown of specific advisory services, deliverables, and timelines

2. Schedule 2: Fee Structure: Detailed breakdown of fees, payment milestones, and expense categories

3. Schedule 3: Key Personnel: List of key individuals involved in providing the advisory services, their roles and qualifications

4. Schedule 4: Service Levels: Specific performance metrics, response times, and quality standards

5. Schedule 5: Compliance Requirements: Specific regulatory or industry compliance requirements applicable to the services

6. Appendix A: Confidentiality Agreement: Detailed confidentiality terms and procedures

7. Appendix B: Reporting Templates: Standard formats for progress reports and other regular communications

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions









































Clauses








































Relevant Industries

Professional Services

Management Consulting

Financial Services

Technology

Manufacturing

Retail

Healthcare

Education

Real Estate

Energy

Telecommunications

Agriculture

Mining

Construction

Tourism

Transportation

Import/Export

Relevant Teams

Legal

Finance

Procurement

Human Resources

Operations

Strategy

Business Development

Risk Management

Compliance

Executive Leadership

Project Management Office

Corporate Affairs

Relevant Roles

Chief Executive Officer

Managing Director

Business Advisor

Management Consultant

Strategy Consultant

Financial Advisor

Operations Consultant

Business Development Manager

Chief Financial Officer

Legal Counsel

Procurement Manager

Human Resources Director

Project Manager

Risk Management Officer

Compliance Officer

Department Head

Business Unit Director

Industries









Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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