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Advisory Services Contract
"I need an Advisory Services Contract for a technology consulting firm providing cybersecurity advisory services to a financial institution in Ireland, with specific emphasis on GDPR compliance and data protection obligations."
1. Parties: Identifies and provides full legal details of the advisor and the client
2. Background: Sets out the context of the agreement and the parties' intentions
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Services: Detailed description of the advisory services to be provided
5. Term and Termination: Duration of the agreement and circumstances for termination
6. Fees and Payment Terms: Compensation structure, payment schedule, and expenses
7. Obligations of the Advisor: Key responsibilities and commitments of the advisor
8. Obligations of the Client: Key responsibilities and commitments of the client
9. Confidentiality: Provisions for handling confidential information
10. Intellectual Property: Ownership and usage rights of any IP created during the engagement
11. Data Protection: GDPR compliance and data handling requirements
12. Liability and Indemnification: Limitation of liability and indemnification provisions
13. Insurance: Required insurance coverage for the advisor
14. Governing Law and Jurisdiction: Specification of Irish law and jurisdiction
15. General Provisions: Standard boilerplate clauses including notices, amendments, etc.
1. Non-Compete: Restrictions on advisor's ability to work with competitors (use when protecting market position is crucial)
2. Non-Solicitation: Prevents poaching of employees or clients (use when advisor will have significant contact with staff/clients)
3. Force Majeure: Provisions for unforeseen circumstances (use when long-term or critical services are involved)
4. Assignment: Rights to transfer the agreement (use when either party might need to transfer rights/obligations)
5. Compliance with Laws: Specific regulatory compliance requirements (use in regulated industries)
6. Key Personnel: Identification of specific individuals (use when service quality depends on particular experts)
7. Service Levels: Specific performance metrics (use when quantifiable standards are required)
8. Dispute Resolution: Alternative dispute resolution procedures (use for high-value or complex services)
1. Schedule 1 - Scope of Services: Detailed breakdown of services, deliverables, and timelines
2. Schedule 2 - Fee Schedule: Detailed fee structure, rates, and payment terms
3. Schedule 3 - Key Personnel: Details of key team members and their qualifications
4. Schedule 4 - Service Levels: Specific performance metrics and measurement criteria
5. Schedule 5 - Data Processing Agreement: GDPR-compliant data processing terms and procedures
6. Appendix A - Required Insurance Coverage: Specific insurance types and coverage levels
7. Appendix B - Approved Subcontractors: List of pre-approved subcontractors if applicable
8. Appendix C - Compliance Requirements: Industry-specific regulatory requirements and standards
Authors
Financial Services
Technology
Healthcare
Manufacturing
Professional Services
Education
Government and Public Sector
Telecommunications
Energy
Real Estate
Construction
Environmental Services
Non-Profit
Retail
Media and Entertainment
Legal Services
Management Consulting
Legal
Procurement
Finance
Human Resources
Operations
Risk and Compliance
Commercial
Business Development
Project Management Office
Strategy
Corporate Development
Administration
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Procurement Manager
Contract Manager
Business Development Director
HR Director
Operations Manager
Project Manager
Risk Manager
Compliance Officer
Department Head
Managing Director
Commercial Director
Professional Advisor
Consultant
Financial Advisor
Technical Advisor
Strategy Consultant
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