Success Fee Consulting Agreement Template for Nigeria

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Success Fee Consulting Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Success Fee Consulting Agreement

"I need a Success Fee Consulting Agreement for a technology implementation project where the consultant will help modernize our manufacturing processes, with the success fee tied to achieving specific cost reduction targets by June 2025 and compliance with Nigerian manufacturing regulations."

Document background
The Success Fee Consulting Agreement is designed for use in the Nigerian business environment where organizations seek external expertise while managing costs through performance-based compensation. This document is particularly valuable when a client wants to align consultant compensation with specific business outcomes, such as successful project completion, achievement of cost savings, or meeting defined performance metrics. The agreement, governed by Nigerian law, includes detailed provisions for defining success criteria, calculating fees, protecting confidential information, and managing the consulting relationship. It's commonly used for business transformation projects, merger and acquisition advisory, efficiency improvement initiatives, and other consulting engagements where measurable outcomes can be clearly defined and tracked.
Suggested Sections

1. Parties: Identification of the consultant and the client, including full legal names, registration details, and addresses

2. Background: Context of the agreement, including the client's needs and consultant's expertise

3. Definitions: Definitions of key terms used throughout the agreement, including 'Success', 'Success Fee', and 'Services'

4. Appointment and Scope: Formal appointment of consultant and detailed scope of services

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

6. Consultant's Obligations: Key responsibilities and commitments of the consultant

7. Client's Obligations: Key responsibilities and commitments of the client

8. Success Criteria: Clear definition of what constitutes 'success' triggering the success fee

9. Success Fee Structure: Calculation method, payment terms, and conditions for the success fee

10. Regular Fees and Expenses: Any regular fees or reimbursable expenses separate from the success fee

11. Confidentiality: Protection of confidential information exchanged during the engagement

12. Intellectual Property: Ownership and usage rights of materials and deliverables

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

14. Governing Law and Jurisdiction: Nigerian law as governing law and jurisdiction for disputes

15. General Provisions: Standard boilerplate clauses including force majeure, notices, and amendments

Optional Sections

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

2. Performance Metrics: Detailed KPIs and measurement criteria, used for complex success criteria

3. Project Team: Key personnel commitments and replacement provisions, used for larger consulting engagements

4. Insurance: Insurance requirements for consultant, used for high-risk or regulated industries

5. Data Protection: Specific data handling requirements, used when personal or sensitive data is involved

6. Force Majeure: Detailed force majeure provisions, used when project success heavily depends on external factors

7. Dispute Resolution: Alternative dispute resolution procedures, used for high-value agreements

8. Anti-Corruption: Specific anti-corruption provisions, used when dealing with government entities or regulated industries

Suggested Schedules

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

2. Schedule 2 - Success Criteria and Calculation: Detailed metrics, formulas, and examples for success fee calculation

3. Schedule 3 - Regular Fee Structure: Breakdown of any regular fees, expenses, and payment terms

4. Schedule 4 - Key Personnel: List of key consultant personnel assigned to the project

5. Schedule 5 - Project Timeline: Key milestones and deadlines for the consulting engagement

6. Appendix A - Required Reports: Format and content requirements for progress reports and deliverables

7. Appendix B - Communication Protocol: Procedures for routine communications and escalations

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

Financial Services

Technology

Manufacturing

Oil and Gas

Real Estate

Healthcare

Telecommunications

Professional Services

Energy

Mining

Agriculture

Construction

Retail

Education

Transportation and Logistics

Relevant Teams

Legal

Finance

Procurement

Business Development

Operations

Strategy

Risk and Compliance

Commercial

Human Resources

Project Management Office

Corporate Development

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Procurement Manager

Business Development Director

Project Manager

Management Consultant

Strategy Consultant

Operations Director

Finance Director

Commercial Director

Risk Manager

Compliance Officer

Contract Manager

Human Resources Director

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

Find the exact document you need

Cost And Fee Contract

A Nigerian law-governed agreement establishing a cost-plus-fee arrangement between parties, detailing cost recovery and fee calculations with local regulatory compliance.

find out more

Service Fee Agreement

A Nigerian law-governed agreement establishing terms, conditions, and fee structures for service provision between a provider and client.

find out more

Finders Fee Contract

A Nigerian law-governed agreement establishing terms for compensating intermediaries who successfully introduce business opportunities to companies.

find out more

Fixed Fee Agreement

A Nigerian law-governed agreement establishing fixed-price terms for specific services between a provider and client.

find out more

Commission Fee Agreement

A Nigerian law-governed agreement establishing commission-based compensation terms between a principal and agent, detailing rates, payments, and compliance requirements.

find out more

Client Fee Agreement

A Nigerian law-governed agreement establishing professional service terms and fee arrangements between service providers and their clients.

find out more

Contingency Fee Contract

Nigerian-law governed agreement establishing contingency fee arrangements between attorneys and clients, with payment based on successful recovery.

find out more

Transaction Fee Agreement

A Nigerian law-governed agreement establishing transaction fee arrangements and payment terms between service providers and clients.

find out more

Non Refundable Fee Agreement

A Nigerian law-governed agreement establishing terms for non-refundable payment between parties, including payment terms and conditions.

find out more

Commercial Loan Referral Fee Agreement

A Nigerian law agreement governing commercial loan referral arrangements between financial institutions and business introducers, including fee structures and compliance requirements.

find out more

Property Finders Fee Agreement

A Nigerian law-governed agreement establishing terms for compensating property finders for successful introductions of buyers or tenants.

find out more

Hourly Fee Agreement

Nigerian law-governed agreement template for hourly-based professional services, defining fee structure and service terms.

find out more

Cost Fixed Fee Contract

A Nigerian law-governed agreement for the provision of services or deliverables at a pre-agreed fixed fee, with defined scope and payment terms.

find out more

Loan Origination Agreement

A Nigerian law-governed agreement establishing terms and conditions for lending facilities, including loan amount, interest, repayment terms, and security arrangements.

find out more

Loan Referral Agreement

A Nigerian law-governed agreement establishing terms for referring potential borrowers to lenders, including compensation and compliance requirements.

find out more

Intermediary Fee Agreement

A Nigerian law-governed agreement defining the terms and conditions between a principal and intermediary, including service scope, fees, and compliance requirements.

find out more

Facilitation Fee Agreement

A Nigerian law-governed agreement establishing terms for legitimate facilitation services with comprehensive compliance safeguards.

find out more

Guaranty Fee Agreement

A Nigerian law-governed agreement setting out the fees payable to a guarantor for providing a guarantee of another party's obligations.

find out more

Conditional Fee Agreement

A Nigerian law-compliant agreement establishing contingent fee arrangements between legal practitioners and clients, where legal fees are dependent on successful case outcomes.

find out more

Website Maintenance Contract

A Nigerian law-governed agreement establishing terms and conditions for website maintenance services, including technical support, updates, and security monitoring.

find out more

Guarantee Fee Agreement

A Nigerian law-governed agreement setting out terms for payment of fees in exchange for providing a guarantee, compliant with local banking and financial regulations.

find out more

Development Fee Agreement

A Nigerian law-governed agreement establishing development services scope and fee arrangements between developer and client.

find out more

Split Fee Agreement

A Nigerian law-governed agreement establishing terms for sharing fees or commissions between parties, ensuring regulatory compliance and clear payment structures.

find out more

Reservation Fee Agreement

Nigerian law-governed agreement securing a property purchase opportunity through payment of a reservation fee.

find out more

Rental Fee Agreement

A Nigerian law-governed agreement establishing terms, conditions, and financial obligations for property rental, including payment schedules and usage rights.

find out more

Flat Fee Agreement

A Nigerian law-governed agreement establishing fixed-price professional services arrangement with defined scope and payment terms.

find out more

Mutual Referral Agreement

A Nigerian law-governed agreement establishing terms and conditions for mutual business referrals between parties, including referral fees and processes.

find out more

Master Fee Agreement

A Nigerian law-governed agreement establishing the framework for ongoing fee-based services, including payment terms and service delivery conditions.

find out more

Consulting Fee Agreement

A Nigerian law-governed agreement establishing terms, conditions, and payment arrangements for consulting services between a consultant and client.

find out more

Success Fee Agreement

A Nigerian law-governed agreement establishing performance-based compensation terms where payment is contingent upon achieving specific objectives.

find out more

Success Fee Consulting Agreement

Nigerian-law governed agreement establishing a success-fee based consulting relationship with defined performance metrics and payment structures.

find out more

Introduction Fee Agreement

A Nigerian law-governed agreement establishing terms for business introduction services and related fee arrangements.

find out more

Fee Share Agreement

A Nigerian law-governed agreement establishing terms for fee-sharing arrangements between parties, including payment terms and compliance requirements.

find out more

Royalty Fee Agreement

Nigerian law-governed agreement establishing terms for royalty payments, including calculation methods and compliance with local regulations.

find out more

Management Fee Agreement

A Nigerian law-governed agreement establishing terms for management services provision and associated fees, compliant with local corporate and tax regulations.

find out more

Broker Commission Agreement

A Nigerian law-governed agreement establishing terms, commission structures, and obligations between a principal company and its broker/agent.

find out more

Loan Consultant Fee Agreement

A Nigerian-law governed agreement setting out terms and conditions for loan consultancy services, including scope, fees, and regulatory compliance requirements.

find out more

Broker Fee Agreement

A Nigerian law-governed agreement establishing broker compensation terms, fee structures, and service obligations between brokers and their clients.

find out more

Retainer Fee Agreement

A Nigerian law-governed agreement establishing ongoing legal services provision in exchange for regular fixed fees.

find out more

Referral Fee Agreement

A Nigerian law-governed agreement establishing terms and conditions for business referrals and associated fee payments between parties.

find out more

Finders Fee Agreement

A Nigerian law-governed agreement establishing terms for compensating intermediaries who facilitate successful business introductions or opportunities.

find out more

Contingency Agreement

A Nigerian law-governed agreement establishing performance-based payment terms where compensation is contingent on achieving specified outcomes.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.