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Consulting Fee Agreement

Consulting Fee Agreement Template for Nigeria

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Key Requirements PROMPT example:

Consulting Fee Agreement

"I need a Consulting Fee Agreement for a tech implementation project where my IT consulting firm will provide cybersecurity services to a Nigerian banking client, with payment milestones and strict confidentiality provisions."

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Document background
The Consulting Fee Agreement is a critical legal document used in Nigerian business contexts to formalize professional consulting arrangements. It serves as the primary contract between consultants (either individuals or firms) and their clients, establishing clear parameters for professional services, compensation, and mutual obligations. This document is essential when engaging external expertise across various sectors in Nigeria, ensuring compliance with local labor, tax, and business laws. The agreement protects both parties by clearly defining the scope of services, payment terms, confidentiality requirements, and intellectual property rights, while explicitly establishing the consultant's status as an independent contractor rather than an employee. It incorporates necessary provisions to comply with Nigerian regulatory requirements, including tax obligations and anti-corruption laws.
Suggested Sections

1. Parties: Identifies and provides full details of the consultant 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 consulting services to be provided

5. Term and Termination: Duration of the agreement and conditions for termination

6. Fees and Payment Terms: Consulting fees, payment schedule, expenses, and invoicing procedures

7. Obligations of the Consultant: Key responsibilities and commitments of the consultant

8. Obligations of the Client: Key responsibilities and commitments of the client

9. Confidentiality: Protection of confidential information and trade secrets

10. Intellectual Property: Ownership and rights to work products and pre-existing IP

11. Independent Contractor Status: Clarification that the relationship is not an employment relationship

12. Limitation of Liability: Limits on consultant's liability and indemnification provisions

13. Governing Law: Specification of Nigerian law as governing law and jurisdiction

14. Entire Agreement: Standard boilerplate confirming this is the complete agreement

Optional Sections

1. Non-Compete: Restrictions on consultant's ability to work with competitors (use when protecting market position is crucial)

2. Force Majeure: Provisions for unforeseen circumstances preventing performance (important in long-term agreements)

3. Insurance: Requirements for professional liability insurance (use when services involve significant risks)

4. Data Protection: Provisions for handling personal data (include when personal data processing is involved)

5. Assignment: Rights to transfer the agreement (include when either party might need to transfer rights)

6. Dispute Resolution: Alternative dispute resolution procedures (useful for high-value contracts)

7. Change Control: Procedures for modifying scope or terms (important for complex or long-term projects)

Suggested Schedules

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

2. Schedule B - Fee Schedule: Detailed fee structure, rates, and payment milestones

3. Schedule C - Key Personnel: List of key consultants and their qualifications

4. Schedule D - Service Levels: Performance metrics and quality standards

5. Appendix 1 - Confidentiality Agreement: Detailed confidentiality terms and requirements

6. Appendix 2 - Compliance Requirements: Specific Nigerian regulatory compliance requirements

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

Information Technology

Management Consulting

Financial Services

Oil and Gas

Healthcare

Education

Manufacturing

Telecommunications

Construction

Agriculture

Professional Services

Energy

Mining

Real Estate

Non-Profit

Relevant Teams

Legal

Procurement

Human Resources

Finance

Operations

Compliance

Risk Management

Contract Administration

Project Management Office

Business Development

Relevant Roles

Chief Executive Officer

Managing Director

Head of Procurement

Legal Counsel

Contract Manager

Human Resources Director

Chief Financial Officer

Project Manager

Operations Director

Business Development Manager

Procurement Officer

Compliance Officer

Finance Manager

Department Head

Independent Consultant

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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