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Advisory Agreement

This Advisory Agreement template is for businesses seeking advisory services from an individual or entity, outlining the scope of work, fees, and terms of engagement. It is suitable for various advisory roles, including business, financial, or strategic advice.

Updated 15d ago
advisory agreementservice agreementconsulting agreementprofessional servicessouthern Africa

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

ADVISORY AGREEMENT

This Advisory Agreement ("Agreement") is made and entered into on this {{day}} day of {{month}}, {{year}} ("Effective Date"), By and Between:

{{client_company_name}}, a company duly incorporated under the laws of {{client_company_jurisdiction}}, with its principal place of business at {{client_company_address}} ("Client"); and

{{adviser_company_name_or_individual_name}}, {{adviser_company_type_or_individual_title}}, duly incorporated under the laws of {{adviser_jurisdiction}} / an individual residing at {{adviser_address}} ("Adviser").

Collectively referred to as the "Parties" and individually as a "Party".

1. APPOINTMENT AND SERVICES

1.1. The Client hereby appoints the Adviser, and the Adviser hereby accepts such appointment, to provide advisory services ("Services") to the Client as more fully described in Schedule A attached hereto.

1.2. The Adviser shall perform the Services with due care, skill, and diligence, in a professional and workmanlike manner, and in accordance with generally accepted industry standards.

1.3. The Adviser shall report to {{client_contact_person_name}}, {{client_contact_person_title}} of the Client, or such other person as the Client may designate from time to time.

2. TERM

2.1. This Agreement shall commence on the Effective Date and shall continue for an initial period of {{initial_term_duration}} months/years, unless terminated earlier in accordance with the provisions of this Agreement.

2.2. The Agreement may be renewed for further periods upon mutual written agreement of the Parties.

3. FEES AND PAYMENT

3.1. In consideration for the Services rendered by the Adviser, the Client shall pay the Adviser a fee of {{fee_amount}} ({{currency}}) per {{payment_frequency}} (e.g., month, project, hour) as set out in Schedule B.

3.2. All invoices shall be submitted by the Adviser to the Client on or before the {{invoice_submission_day}} day of each {{invoice_submission_month_or_period}} and shall be paid by the Client within {{payment_due_days}} days of receipt of a valid invoice.

3.3. All fees are exclusive of Value Added Tax (VAT) or any other applicable taxes, which shall be added to the invoice at the prevailing rate where applicable and payable by the Client.

4. CONFIDENTIALITY

4.1. The Parties acknowledge that during the term of this Agreement, they may have access to confidential and proprietary information belonging to the other Party. Each Party agrees to keep such information strictly confidential and not to disclose it to any third party without the prior written consent of the disclosing Party.

4.2. Confidential Information shall include, but not be limited to, business plans, financial information, client lists, trade secrets, and any other information designated as confidential.

5. INTELLECTUAL PROPERTY

5.1. Any intellectual property rights created by the Adviser in the course of providing the Services shall belong to the Client upon full payment of the Adviser's fees, unless otherwise agreed in writing.

5.2. The Adviser warrants that the Services provided will not infringe on the intellectual property rights of any third party.

6. LIMITATION OF LIABILITY

6.1. Neither Party shall be liable to the other for any indirect, incidental, consequential, special, or punitive damages arising out of or in connection with this Agreement.

6.2. The total liability of the Adviser to the Client under this Agreement shall not exceed the total fees paid by the Client to the Adviser under this Agreement during the {{liability_period_months}} months preceding the event giving rise to the claim.

7. TERMINATION

7.1. Either Party may terminate this Agreement by giving {{notice_period_days}} days' prior written notice to the other Party.

7.2. Either Party may terminate this Agreement with immediate effect if the other Party commits a material breach of this Agreement and fails to remedy such breach within {{cure_period_days}} days of receiving written notice thereof.

8. GOVERNING LAW AND DISPUTE RESOLUTION

8.1. This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_jurisdiction}}.

8.2. Any dispute, controversy, or claim arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be resolved by arbitration in accordance with the rules of the {{arbitration_institution_name}}.

9. ENTIRE AGREEMENT

9.1. This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements, whether written or oral.

10. SIGNATURES

IN WITNESS WHEREOF, the Parties have executed this Agreement on the date first above written.

For and on behalf of {{client_company_name}}:

_____________________________

Name: {{client_signatory_name}}

Title: {{client_signatory_title}}

For and on behalf of {{adviser_company_name_or_individual_name}}:

_____________________________

Name: {{adviser_signatory_name}}

Title: {{adviser_signatory_title}}

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