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Business Advisor Agreement Template for Germany

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Key Requirements PROMPT example:

Business Advisor Agreement

I need a Business Advisor Agreement for engaging a technology strategy consultant to help with our company's digital transformation project starting March 2025, including specific provisions for handling our sensitive IP and data protection requirements under German law.

Document background
The Business Advisor Agreement is a crucial document for establishing professional advisory relationships under German law. It is typically used when a company seeks specialized business expertise, strategic guidance, or professional consulting services. The agreement comprehensively addresses the advisor's scope of work, professional obligations, compensation structure, and confidentiality requirements, while ensuring compliance with German civil law (BGB), commercial law (HGB), and data protection regulations (DSGVO). This document is essential for both individual consultants and advisory firms providing professional services to German businesses or international companies operating under German jurisdiction. The agreement's structure reflects German legal requirements for service contracts while incorporating international best practices in professional advisory services.
Suggested Sections

1. Parties: Identification of the business advisor and the client company, including full legal names, registration details, and addresses

2. Background: Context of the advisory relationship and brief description of the client's business and advisor's expertise

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Services: Detailed description of the advisory services to be provided, including specific areas of expertise and deliverables

5. Term and Termination: Duration of the agreement, renewal terms, and conditions for termination by either party

6. Fees and Payment Terms: Compensation structure, payment schedule, expenses, and invoicing procedures

7. Obligations of the Advisor: Advisor's duties, commitment to professional standards, and service delivery expectations

8. Obligations of the Client: Client's responsibilities, including provision of information and cooperation requirements

9. Confidentiality: Obligations regarding confidential information and trade secrets

10. Intellectual Property: Ownership and usage rights of materials and deliverables created during the advisory relationship

11. Liability and Indemnification: Limitation of liability, professional liability insurance requirements, and indemnification provisions

12. Data Protection: GDPR compliance and data handling procedures

13. General Provisions: Standard clauses including governing law, jurisdiction, severability, and entire agreement

Optional Sections

1. Non-Competition: Restrictions on advisor's activities with competing businesses, used when advisor has access to sensitive competitive information

2. Performance Metrics: Specific KPIs or success metrics for the advisory services, used when quantifiable outcomes are desired

3. Team Composition: Details of specific team members involved in providing services, used when particular expertise or individuals are crucial to the agreement

4. Subcontracting: Terms for engaging subcontractors or additional advisors, used when advisor may need to involve third parties

5. Success Fees: Additional compensation based on specific achievements or outcomes, used in performance-based arrangements

6. International Services: Specific provisions for cross-border advisory services, used when services span multiple jurisdictions

7. Force Majeure: Provisions for unforeseeable circumstances, particularly relevant in long-term advisory relationships

Suggested Schedules

1. Schedule A - Detailed Service Description: Comprehensive breakdown of advisory services, methodologies, and deliverables

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

3. Schedule C - Key Personnel: Profiles and qualifications of key team members providing advisory services

4. Schedule D - Service Level Agreement: Specific performance standards, response times, and service quality metrics

5. Schedule E - Compliance Requirements: Industry-specific compliance requirements and standards to be followed

6. Appendix 1 - Data Processing Agreement: Detailed GDPR-compliant data processing terms and procedures

7. Appendix 2 - Confidentiality Agreement: Detailed confidentiality terms and information handling procedures

Authors

Alex Denne

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

Relevant legal definitions








































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Relevant Industries

Professional Services

Management Consulting

Financial Services

Technology

Manufacturing

Healthcare

Retail

Energy

Telecommunications

Real Estate

Construction

Automotive

Education

Environmental Services

Digital Transformation

Start-ups and Scale-ups

Relevant Teams

Legal

Procurement

Finance

Operations

Business Development

Strategy

Risk Management

Compliance

Human Resources

Project Management

Executive Leadership

Corporate Development

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Legal Counsel

Procurement Manager

Business Development Director

Strategy Director

Management Consultant

Business Advisor

Finance Director

Operations Director

Contract Manager

Risk Manager

Compliance Officer

Project Manager

Human Resources 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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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