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Evergreen Engagement Letter
"I need an Evergreen Engagement Letter for my management consulting firm in Sydney, providing strategic advisory services to financial services clients, with specific provisions for confidentiality and regulatory compliance with APRA requirements."
1. Letterhead and Date: Professional letterhead including firm details and current date
2. Client Details: Full legal name and address of the client
3. Salutation: Formal greeting to the appropriate client contact
4. Introduction: Opening paragraph establishing the purpose of the engagement letter and confirming the client's request for services
5. Scope of Services: Clear description of the core services to be provided on an ongoing basis
6. Service Standards: Description of the quality and standards of service the client can expect
7. Fees and Payment Terms: Details of fee structure, billing arrangements, and payment terms
8. Client Responsibilities: Outline of client obligations and required cooperation
9. Term and Termination: Explanation of the evergreen nature and termination provisions
10. Confidentiality: Commitments regarding confidential information handling
11. Professional Standards: Reference to applicable professional standards and regulations
12. Closing and Signature: Formal closing, signature blocks, and acknowledgment requirements
1. Conflicts of Interest: Additional provisions for managing potential conflicts when working with multiple clients in the same industry
2. Intellectual Property: Specific terms regarding ownership and use of work products when delivering creative or technical services
3. Insurance Coverage: Details of professional indemnity insurance when required by regulatory requirements or client request
4. Data Protection: Enhanced privacy and data handling terms when dealing with sensitive personal information
5. Dispute Resolution: Specific dispute resolution procedures when dealing with high-value or complex engagements
6. Force Majeure: Provisions for unforeseen circumstances when services involve critical timelines or deliverables
7. Third Party Rights: Provisions regarding third party involvement when services may affect or require interaction with other parties
1. Schedule of Services: Detailed description of specific services, methodologies, and deliverables
2. Fee Schedule: Detailed breakdown of fees, rates, and charging structures
3. Key Personnel: List of key team members and their roles in service delivery
4. Service Level Agreement: Specific performance metrics and service standards
5. Communication Protocol: Procedures for routine communications and escalation processes
6. Compliance Requirements: Specific regulatory or professional requirements applicable to the engagement
Authors
Professional Services
Legal Services
Accounting and Audit
Management Consulting
IT Consulting
Financial Advisory
Business Advisory
Engineering Consulting
Environmental Consulting
Human Resources Consulting
Marketing Services
Architecture and Design
Legal
Compliance
Business Development
Client Relations
Operations
Risk Management
Finance
Professional Services
Practice Management
Business Affairs
Commercial
Managing Partner
Chief Legal Officer
General Counsel
Compliance Officer
Contract Manager
Business Development Manager
Client Relationship Manager
Professional Services Director
Head of Operations
Risk Manager
Chief Financial Officer
Practice Manager
Senior Partner
Engagement Director
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