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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.
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
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
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
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
Legal
Procurement
Finance
Operations
Business Development
Strategy
Risk Management
Compliance
Human Resources
Project Management
Executive Leadership
Corporate Development
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
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