Executive Consulting Agreement Template for Canada

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Key Requirements PROMPT example:

Executive Consulting Agreement

"I need an Executive Consulting Agreement for a senior technology advisor who will lead our digital transformation project starting January 2025, including specific provisions for IP rights and performance metrics tied to project milestones."

Document background
The Executive Consulting Agreement serves as a critical legal framework for companies operating in Canada who require high-level expertise on a consultancy basis. This document is typically used when organizations need specialized executive-level skills for strategic initiatives, interim management, or specific projects without creating a permanent employment relationship. The agreement comprehensively addresses key aspects including service scope, compensation, intellectual property rights, confidentiality, and compliance with Canadian federal and provincial regulations. It's specifically structured to maintain clear independent contractor status while ensuring appropriate protections for both the engaging company and the consultant. The document is essential for organizations seeking to formalize relationships with senior advisors, interim executives, or strategic consultants while maintaining compliance with Canadian business and tax laws.
Suggested Sections

1. Parties: Identifies the contracting parties - the company and the consultant (either as an individual or through their professional corporation)

2. Background: Outlines the context of the agreement, including the company's need for consulting services and the consultant's expertise

3. Definitions: Defines key terms used throughout the agreement

4. Engagement and Services: Establishes the engagement of the consultant and outlines the scope of services

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

6. Compensation and Payment Terms: Details the consulting fees, payment schedule, and expense reimbursement policies

7. Independent Contractor Relationship: Explicitly establishes the nature of the relationship as independent contractor, not employment

8. Confidentiality: Protects confidential information and trade secrets

9. Intellectual Property Rights: Addresses ownership and rights to work product created during the engagement

10. Representations and Warranties: Contains mutual assurances about capacity, qualifications, and authority to contract

11. Indemnification: Outlines mutual or unilateral indemnification obligations

12. Insurance: Specifies required insurance coverage to be maintained by the consultant

13. General Provisions: Includes standard legal provisions such as governing law, notices, and amendment procedures

Optional Sections

1. Non-Competition: Restricts consultant's ability to compete - include when consultant will have access to sensitive competitive information

2. Non-Solicitation: Prevents solicitation of employees/clients - include when consultant will have significant contact with clients or employees

3. Performance Metrics: Establishes specific performance standards - include when compensation is tied to performance

4. Equity Compensation: Details any equity or stock option arrangements - include when offering equity as part of compensation

5. Compliance with Policies: Requires adherence to company policies - include when consultant will work on-site or interact with employees

6. Use of Company Resources: Governs use of company equipment and facilities - include when providing company resources

7. International Services: Addresses cross-border service provision - include for international consulting arrangements

8. Force Majeure: Addresses unforeseeable circumstances - include when service continuity is critical

Suggested Schedules

1. Schedule A - Scope of Services: Detailed description of consulting services to be provided

2. Schedule B - Compensation Details: Comprehensive breakdown of fees, payment terms, and any performance-based compensation

3. Schedule C - Key Performance Indicators: Specific metrics and targets for measuring consultant's performance

4. Schedule D - Approved Expenses: List of reimbursable expenses and approval procedures

5. Schedule E - Company Policies: Relevant company policies applicable to the consultant

6. Appendix 1 - Insurance Requirements: Detailed insurance coverage requirements

7. Appendix 2 - Confidential Information: Specific definition and examples of confidential information

8. Appendix 3 - Reporting Requirements: Templates and procedures for required reports and updates

Authors

Alex Denne

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

Relevant legal definitions
Clauses
Relevant Industries

Technology

Financial Services

Healthcare

Manufacturing

Professional Services

Energy

Mining

Telecommunications

Real Estate

Construction

Education

Retail

Non-Profit

Transportation

Media and Entertainment

Relevant Teams

Legal

Human Resources

Finance

Procurement

Executive Leadership

Corporate Development

Compliance

Risk Management

Operations

Project Management Office

Strategic Planning

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Chief Technology Officer

Chief Marketing Officer

Chief Strategy Officer

Executive Director

Senior Management Consultant

Strategic Advisor

Interim Executive

Board Advisor

Management Consultant

Business Transformation Consultant

Executive Coach

Senior Project Director

Corporate Restructuring 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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