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Business Advisory Agreement
"I need a Business Advisory Agreement for my UK-based management consulting firm to provide strategic growth advisory services to a Nigerian manufacturing company, starting March 2025, with specific provisions for cross-border data protection and international payments."
1. Parties: Identifies and provides full details of the advisor 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 advisory services to be provided
5. Term and Commencement: Specifies the duration of the agreement and start date
6. Fees and Payment Terms: Details the compensation structure, payment schedule, and invoicing procedures
7. Obligations of the Advisor: Lists the advisor's duties, responsibilities, and service standards
8. Obligations of the Client: Specifies client's responsibilities including information provision and cooperation
9. Confidentiality: Provisions for handling confidential information in compliance with NDPR 2019
10. Intellectual Property: Addresses ownership and usage rights of materials and deliverables
11. Limitation of Liability: Sets out the extent and limitations of the advisor's liability
12. Termination: Conditions and procedures for ending the agreement
13. Governing Law and Jurisdiction: Specifies Nigerian law as governing law and jurisdiction details
14. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Non-Competition: Restricts advisor from working with client's competitors - used when sensitive market information is involved
2. Force Majeure: Addresses unforeseeable circumstances preventing performance - particularly relevant in volatile markets
3. Anti-Corruption Compliance: Detailed anti-corruption provisions - essential for international clients or public sector work
4. Data Protection: Enhanced data protection provisions - needed when handling personal or sensitive data
5. Insurance: Specific insurance requirements - important for high-value advisory services
6. Assignment and Subcontracting: Rules for transferring rights or delegating duties - relevant for larger advisory firms
7. Alternative Dispute Resolution: Detailed mediation/arbitration procedures - useful for complex or high-value arrangements
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: Lists key team members and their roles in providing the advisory services
4. Schedule 4 - Service Levels: Specific performance metrics and service standards
5. Schedule 5 - Reporting Requirements: Format and frequency of progress reports and updates
6. Appendix A - Compliance Procedures: Detailed compliance requirements and procedures
7. Appendix B - Communication Protocol: Agreed communication channels and response times
Authors
Advisor
Advisory Services
Affiliate
Business Day
Client
Commencement Date
Confidential Information
Deliverables
Documentation
Effective Date
Fees
Force Majeure Event
Good Industry Practice
Intellectual Property Rights
Key Personnel
Material Breach
Milestones
Notice
Personal Data
Project
Representatives
Services
Service Levels
Scope of Work
Term
Territory
Third Party
Working Hours
Appointment
Duration
Services
Advisor Obligations
Client Obligations
Fees and Payment
Expenses
Confidentiality
Data Protection
Intellectual Property
Non-Competition
Non-Solicitation
Representations and Warranties
Limitation of Liability
Indemnification
Force Majeure
Termination
Consequences of Termination
Assignment
Subcontracting
Notice
Amendment
Severability
Entire Agreement
Waiver
Third Party Rights
Counterparts
Anti-Corruption
Dispute Resolution
Governing Law
Jurisdiction
Financial Services
Technology
Manufacturing
Energy and Natural Resources
Healthcare
Real Estate
Telecommunications
Agriculture
Retail and Consumer Goods
Professional Services
Education
Transportation and Logistics
Construction
Mining
Entertainment and Media
Legal
Finance
Procurement
Compliance
Operations
Business Development
Risk Management
Strategy
Commercial
Executive Management
Corporate Affairs
Project Management
Chief Executive Officer
Managing Director
Business Development Manager
Management Consultant
Corporate Lawyer
Finance Director
Strategy Consultant
Operations Manager
Compliance Officer
Project Manager
Business Advisor
General Counsel
Commercial Director
Risk Manager
Chief Financial Officer
Head of Procurement
Business Analyst
Legal Counsel
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