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Business Advisor Agreement
"I need a Business Advisor Agreement for engaging a technology strategy consultant in Manila, Philippines, who will provide digital transformation advisory services to our retail company for a fixed term of 12 months starting March 1, 2025, with monthly retainer fees and success-based bonuses."
1. Parties: Identification of the advisor and the client company, including full legal names, addresses, and registration details
2. Background: Context of the agreement, brief description of the client's business, and the purpose for engaging the advisor
3. Definitions: Key terms used throughout the agreement, including 'Services', 'Deliverables', 'Confidential Information', etc.
4. Appointment and Scope: Formal appointment of the advisor and detailed description of the advisory services to be provided
5. Term: Duration of the agreement, including start date and initial term
6. Advisor's Obligations: Detailed responsibilities, service standards, and performance expectations of the advisor
7. Client's Obligations: Client's responsibilities, including providing necessary information and cooperation
8. Fees and Payment: Compensation structure, payment terms, expenses, and invoicing procedures
9. Confidentiality: Obligations regarding confidential information and trade secrets
10. Intellectual Property: Ownership and rights to work products, pre-existing IP, and developed materials
11. Non-Competition and Non-Solicitation: Restrictions on competitive activities and solicitation of employees/clients
12. Termination: Grounds for termination, notice requirements, and consequences of termination
13. General Provisions: Standard clauses including governing law, notices, amendments, and dispute resolution
1. Performance Metrics: Include when specific KPIs or performance standards need to be measured and monitored
2. Compliance with Anti-Corruption Laws: Add when services involve government interactions or high-risk sectors
3. Data Protection: Include when services involve processing personal or sensitive data
4. Insurance: Add when specific insurance coverage requirements are needed for the services
5. Force Majeure: Include when needed to address potential disruptions beyond parties' control
6. Assignment and Subcontracting: Add when there's possibility of service delegation or corporate restructuring
7. Audit Rights: Include when client requires right to audit advisor's services or billing
8. Marketing and Publicity: Add when addressing use of client's name/logo or case studies is relevant
1. Schedule A - Scope of Services: Detailed description of advisory services, deliverables, and timelines
2. Schedule B - Fee Schedule: Detailed breakdown of fees, rates, payment milestones, and expense policies
3. Schedule C - Key Personnel: List of key advisor personnel assigned to provide the services
4. Schedule D - Service Levels: Specific performance standards, response times, and quality metrics
5. Appendix 1 - Reporting Requirements: Templates and requirements for progress reports and deliverables
6. Appendix 2 - Compliance Procedures: Specific procedures for maintaining regulatory compliance
7. Appendix 3 - Confidentiality Agreement: Detailed NDA terms if separate from main agreement
Authors
Management Consulting
Financial Services
Technology
Manufacturing
Real Estate
Healthcare
Retail
Energy
Telecommunications
Professional Services
Education
Agriculture
Infrastructure
Mining
Transportation
Hospitality
Legal
Finance
Procurement
Human Resources
Compliance
Risk Management
Business Development
Strategy
Operations
Executive Leadership
Corporate Affairs
Project Management
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Procurement Manager
Business Development Director
Strategy Director
Operations Manager
Human Resources Director
Finance Manager
Compliance Officer
Risk Manager
Project Manager
Department Head
Managing Director
Corporate Secretary
Business Advisor
Management Consultant
Commercial Director
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