Business Development Consulting Agreement Template for New Zealand

The Business Development Consulting Agreement is a crucial document for organizations in New Zealand seeking to engage external expertise for business growth and development initiatives. This agreement is specifically designed to comply with New Zealand legal requirements and business practices, providing a structured framework for consulting relationships. It is typically used when a company requires specialized business development expertise, market expansion strategies, or growth consulting services. The document covers essential elements including scope of work, compensation, intellectual property rights, confidentiality, and performance metrics, while ensuring compliance with New Zealand's Contract and Commercial Law Act 2017, Fair Trading Act 1986, and other relevant legislation. It's particularly valuable for businesses looking to formalize their relationship with business development consultants while protecting both parties' interests and establishing clear deliverables and expectations.

1. Parties: Identifies and provides full details of the consulting firm/consultant and the client company

2. Background: Sets out the context of the agreement, including the client's business needs and consultant's expertise

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation principles

4. Appointment and Scope of Services: Establishes the consulting relationship and outlines the agreed business development services

5. Term: Specifies the duration of the agreement, including start date and any renewal provisions

6. Consultant's Obligations: Details the consultant's responsibilities, performance standards, and delivery requirements

7. Client's Obligations: Outlines the client's responsibilities, including provision of information and resources

8. Fees and Payment: Specifies consulting fees, payment terms, expenses, and invoicing procedures

9. Intellectual Property: Addresses ownership and usage rights of existing and created intellectual property

10. Confidentiality: Defines confidential information and establishes protection obligations

11. Privacy and Data Protection: Ensures compliance with Privacy Act 2020 and establishes data handling procedures

12. Liability and Indemnity: Sets out liability limitations and indemnification obligations

13. Termination: Specifies termination rights, notice periods, and consequences of termination

14. General Provisions: Includes standard boilerplate clauses like notices, amendments, and governing law