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Advisory Services Contract

Advisory Services Contract Template for Malaysia

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Key Requirements PROMPT example:

Advisory Services Contract

"I need an Advisory Services Contract for my technology consulting firm to provide digital transformation advisory services to a Malaysian manufacturing company, starting from March 2025, with strict data protection and confidentiality provisions."

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Document background
An Advisory Services Contract is essential when engaging professional advisors or consultants in Malaysia, whether for one-off projects or ongoing advisory relationships. This document is crucial for protecting both parties' interests while ensuring compliance with Malaysian law, including the Contracts Act 1950, Employment Act 1955, and sector-specific regulations. It defines the nature of services, payment terms, confidentiality obligations, and professional standards expected from the advisor. The contract helps distinguish advisory relationships from employment relationships, clarifies intellectual property rights, and establishes clear deliverables and performance metrics. It's particularly important in the Malaysian business context where professional advisory services are increasingly specialized and regulated.
Suggested Sections

1. Parties: Identification of the advisor and the client, including full legal names, registration numbers, and registered addresses

2. Background: Context of the agreement and brief description of the advisory services to be provided

3. Definitions: 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: Advisory fees, payment schedule, expenses, and invoicing procedures

7. Obligations of the Advisor: Key responsibilities and service standards of the advisor

8. Obligations of the Client: Client's responsibilities including providing information and cooperation

9. Confidentiality: Protection of confidential information and trade secrets

10. Intellectual Property: Ownership and usage rights of any IP created during the advisory services

11. Liability and Indemnification: Limitations of liability and indemnification provisions

12. Force Majeure: Provisions for unforeseen circumstances affecting performance

13. Governing Law and Jurisdiction: Specification of Malaysian law and jurisdiction

14. General Provisions: Standard boilerplate clauses including notices, amendment procedures, and severability

Optional Sections

1. Non-Competition: Restrictions on advisor's ability to work with competitors - used when advisory services involve sensitive market information

2. Data Protection: Detailed PDPA compliance provisions - required when personal data processing is involved

3. Performance Metrics: Specific KPIs and performance standards - used for long-term or complex advisory arrangements

4. Regulatory Compliance: Industry-specific compliance requirements - needed for regulated sectors

5. Insurance: Professional indemnity and other insurance requirements - important for high-risk advisory services

6. Succession Planning: Provisions for change in key personnel - relevant for long-term advisory relationships

7. Anti-Bribery and Corruption: Compliance with anti-corruption laws - particularly important for government-related work

Suggested Schedules

1. Schedule 1 - Scope of Services: Detailed breakdown of specific advisory services, deliverables, and timelines

2. Schedule 2 - Fee Structure: Detailed fee calculations, rates, and payment milestones

3. Schedule 3 - Key Personnel: List of key advisor personnel assigned to provide the services

4. Schedule 4 - Service Levels: Detailed service standards, response times, and performance metrics

5. Schedule 5 - Client Materials: List of information and resources to be provided by the client

6. Appendix A - Compliance Requirements: Specific regulatory or industry compliance requirements

7. Appendix B - Report Templates: Standard formats for advisory reports and deliverables

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

Manufacturing

Real Estate

Education

Energy

Telecommunications

Professional Services

Retail

Construction

Agriculture

Tourism

Transportation

Environmental Services

Relevant Teams

Legal

Procurement

Finance

Human Resources

Compliance

Risk Management

Operations

Business Development

Project Management

Strategic Planning

Corporate Development

Administration

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Procurement Manager

Contract Manager

Business Development Director

Human Resources Director

Risk Manager

Compliance Officer

Project Manager

Management Consultant

Financial Advisor

Strategy Consultant

Operations Director

Technical 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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