Advisory Services Agreement Template for Belgium

The Advisory Services Agreement is a critical legal document used when engaging professional advisors or consultants under Belgian law. It is designed to protect both the service provider and the client by clearly defining the advisory relationship, scope of work, deliverables, and commercial terms. This agreement is particularly important in Belgium's sophisticated professional services market, where regulatory compliance and clear contractual frameworks are essential. The document typically addresses key aspects such as service levels, intellectual property rights, data protection under GDPR, and liability limitations, while ensuring compliance with Belgian civil law requirements. It's commonly used by consulting firms, individual advisors, and businesses seeking professional guidance, and can be adapted for various sectors from financial services to technology consulting.

1. Parties: Identification and details of the advisor and the client, including registered addresses and company registration numbers

2. Background: Context of the agreement and brief description of the parties' intention to enter into an advisory relationship

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Services: Detailed description of the advisory services to be provided

5. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

6. Fees and Payment Terms: Compensation structure, payment schedule, and invoicing procedures

7. Obligations of the Advisor: Key responsibilities and commitments of the advisor, including service standards

8. Obligations of the Client: Client's responsibilities, including provision of information and cooperation

9. Confidentiality: Obligations regarding confidential information and trade secrets

10. Intellectual Property: Ownership and usage rights of any IP created during the advisory relationship

11. Data Protection: GDPR compliance and data handling procedures

12. Liability and Indemnification: Limitation of liability and indemnification provisions

13. Force Majeure: Provisions for unforeseen circumstances preventing performance

14. Notices: Communication procedures and contact details for official notices

15. Governing Law and Jurisdiction: Confirmation of Belgian law application and jurisdiction for disputes

16. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments