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The Startup Consulting Agreement is essential for formalizing professional advisory relationships in Hong Kong's dynamic startup ecosystem. This document is typically used when a startup seeks specialized expertise, strategic guidance, or technical advisory services from external consultants. It provides a legal framework that protects both parties' interests while addressing key aspects such as service scope, deliverables, payment terms, intellectual property rights, and confidentiality. The agreement is designed to comply with Hong Kong's legal requirements while remaining flexible enough to accommodate the rapid evolution and unique needs of startup businesses. It's particularly relevant for early-stage companies seeking to establish clear parameters for external advisory relationships while protecting their intellectual property and maintaining appropriate professional boundaries.

1. Parties: Identifies the consultant and the startup client, including their full legal names and registered addresses

2. Background: Explains the context of the agreement, the startup's needs, and the consultant's expertise

3. Definitions: Defines key terms used throughout the agreement for clarity and precision

4. Scope of Services: Details the specific consulting services to be provided, including deliverables and any exclusions

5. Term and Termination: Specifies the duration of the agreement and conditions for termination by either party

6. Fees and Payment Terms: Outlines the consulting fees, payment schedule, expenses, and invoicing procedures

7. Obligations of the Consultant: Lists the consultant's duties, responsibilities, and standard of service

8. Obligations of the Client: Specifies the startup's responsibilities, including provision of information and resources

9. Intellectual Property Rights: Addresses ownership and usage rights of existing and created intellectual property

10. Confidentiality: Details confidentiality obligations and handling of sensitive information

11. Data Protection: Ensures compliance with Hong Kong's Personal Data (Privacy) Ordinance

12. Liability and Indemnification: Sets out liability limitations and indemnification obligations

13. General Provisions: Includes standard legal clauses like governing law, notices, and entire agreement