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Advisor Agreement

Advisor Agreement Template for Ireland

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Key Requirements PROMPT example:

Advisor Agreement

"I need an Advisor Agreement for engaging a technology consultant to provide strategic guidance on our AI implementation project starting March 2025, including robust IP protection clauses and data processing provisions under Irish law."

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Document background
The Advisor Agreement is essential for businesses operating in Ireland that engage external expertise for strategic, technical, or specialized guidance. This document is crucial when establishing formal advisory relationships, whether with individual consultants or professional services firms. The agreement ensures compliance with Irish legal requirements, including employment classification, data protection under GDPR, and competition law. It typically covers key aspects such as service scope, compensation, confidentiality, intellectual property rights, and termination provisions. The document is particularly important in protecting both parties' interests while maintaining clear boundaries between independent advisory services and employment relationships. Companies should use this agreement when engaging advisors for specific projects, ongoing consultation, or specialized expertise across various sectors.
Suggested Sections

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

2. Background: Context of the agreement and brief description of the advisory relationship

3. Definitions: Key terms used throughout the agreement

4. Appointment and Term: Scope of appointment, duration, and renewal terms

5. Nature of Relationship: Clear statement of independent contractor status and non-employment relationship

6. Services: Detailed description of advisory services to be provided

7. Advisor's Obligations: Key responsibilities, standards of service, and compliance requirements

8. Company's Obligations: Company's responsibilities to support the advisor's services

9. Fees and Payment: Compensation structure, payment terms, and expenses

10. Confidentiality: Protection of confidential information and trade secrets

11. Data Protection: GDPR compliance and data handling requirements

12. Intellectual Property: Ownership and protection of IP created during the engagement

13. Limitation of Liability: Caps on liability and indemnification provisions

14. Termination: Grounds for termination and termination procedures

15. Post-Termination Obligations: Continuing obligations after agreement ends

16. General Provisions: Standard boilerplate clauses including governing law, notices, and entire agreement

Optional Sections

1. Regulatory Compliance: Required for regulated industries or when advisor must comply with specific regulatory requirements

2. Non-Compete and Non-Solicitation: Restrictions on competitive activities, used when advisor has access to sensitive information or key relationships

3. Insurance: Insurance requirements, typically included for high-risk advisory services

4. Performance Metrics: Specific KPIs or performance standards, used when measuring advisor's effectiveness

5. Conflict of Interest: Detailed provisions for managing potential conflicts, important for financial or strategic advisors

6. Force Majeure: Provisions for unforeseeable circumstances, particularly relevant post-COVID

7. Anti-Corruption and Anti-Bribery: Required for international advisory relationships or regulated sectors

8. Assignment and Subcontracting: Include when advisor might need to delegate or transfer responsibilities

Suggested Schedules

1. Schedule 1 - Services Description: Detailed scope of services and deliverables

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, payment structure, and expenses

3. Schedule 3 - Service Levels: Specific performance standards and metrics if applicable

4. Schedule 4 - Data Processing Agreement: Required under GDPR if personal data processing is involved

5. Schedule 5 - Key Personnel: List of key individuals involved in providing the advisory services

6. Appendix A - Compliance Requirements: Industry-specific regulatory requirements and compliance standards

7. Appendix B - Required Insurance Coverage: Detailed insurance requirements and minimum coverage levels

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions




























Clauses































Relevant Industries

Financial Services

Technology

Healthcare

Professional Services

Manufacturing

Real Estate

Education

Telecommunications

Energy

Environmental

Construction

Retail

Non-Profit

Media and Entertainment

Biotechnology

Relevant Teams

Legal

Human Resources

Finance

Procurement

Compliance

Operations

Business Development

Strategy

Executive Leadership

Project Management

Risk Management

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Counsel

HR Director

Procurement Manager

Project Manager

Business Development Director

Operations Manager

Compliance Officer

Department Head

Strategy Director

Technical Advisor

Management Consultant

Industry Expert

Board Member

Financial Advisor

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

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