Business Development Consulting Agreement Template for India

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Key Requirements PROMPT example:

Business Development Consulting Agreement

"I need a Business Development Consulting Agreement for engaging a consultant to help expand my technology startup into Southeast Asian markets, with specific focus on data protection compliance and performance-based compensation structure starting March 2025."

Document background
The Business Development Consulting Agreement is essential for companies in India seeking external expertise to drive growth, enter new markets, or improve business performance. This document is commonly used when engaging professional consultants or consulting firms for strategic business development initiatives. It provides a legally robust framework under Indian law that defines the consulting relationship, including scope of services, deliverables, compensation, confidentiality obligations, and intellectual property rights. The agreement ensures compliance with relevant Indian legislation including the Contract Act, 1872, and applicable tax laws, while protecting both parties' interests through clear terms and conditions. It's particularly important in today's dynamic business environment where companies increasingly rely on specialized consulting expertise for growth and expansion strategies.
Suggested Sections

1. Parties: Identifies and provides full details of the contracting parties - the consultant and the company

2. Background: Explains 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 for clarity and consistency

4. Scope of Services: Detailed description of the business development consulting services to be provided

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

6. Compensation and Payment Terms: Details of fees, expenses, payment schedule, and invoicing requirements

7. Obligations of the Consultant: Key responsibilities, commitments, and performance standards expected from the consultant

8. Obligations of the Company: Company's responsibilities including providing necessary information and support

9. Confidentiality: Provisions for protecting confidential information shared during the engagement

10. Intellectual Property Rights: Ownership and rights to work products created during the consulting engagement

11. Representations and Warranties: Statements of fact and promises made by both parties

12. Indemnification: Protection against losses caused by breach of agreement or negligence

13. General Provisions: Standard legal clauses including notices, amendments, governing law, and dispute resolution

Optional Sections

1. Non-Compete: Restrictions on consultant's ability to work with competitors, used when sensitive industry knowledge is involved

2. Non-Solicitation: Prevents consultant from soliciting company's employees or clients, important for client-facing roles

3. Performance Metrics: Specific KPIs and success metrics, useful for performance-based compensation arrangements

4. International Services: Additional provisions for cross-border consulting services, including compliance with local laws

5. Force Majeure: Provisions for unforeseeable circumstances preventing performance, particularly relevant post-COVID

6. Insurance Requirements: Specific insurance coverage requirements for high-risk consulting activities

7. Data Protection: Additional privacy and data handling requirements when personal or sensitive data is involved

8. Subcontracting: Terms for engaging subcontractors, if allowed under the agreement

Suggested Schedules

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

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

3. Schedule C - Key Personnel: List of key consultant team members and their roles

4. Schedule D - Service Levels: Specific performance standards and metrics if applicable

5. Appendix 1 - Reporting Templates: Standard formats for progress reports and documentation

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

7. Appendix 3 - Expense Policy: Guidelines for reimbursable expenses and approval process

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

Manufacturing

Financial Services

Healthcare

Retail

E-commerce

Real Estate

Telecommunications

Education

Professional Services

Consumer Goods

Infrastructure

Energy

Hospitality

Relevant Teams

Legal

Business Development

Strategy

Commercial

Operations

Procurement

Finance

Corporate Development

Sales

Risk Management

Compliance

Relevant Roles

Chief Executive Officer

Business Development Director

Managing Director

Chief Strategy Officer

Head of Business Development

Commercial Director

Growth Manager

Strategic Partnership Manager

Business Development Consultant

Sales Director

Corporate Development Manager

Market Expansion Manager

Business Strategy Analyst

Operations Director

General Counsel

Legal Counsel

Procurement Manager

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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