Advisory Services Contract Template for Germany

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Key Requirements PROMPT example:

Advisory Services Contract

I need an Advisory Services Contract under German law for my management consulting firm to provide strategic planning services to a medium-sized manufacturing company, with specific provisions for protecting trade secrets and including quarterly performance reviews.

Document background
The Advisory Services Contract under German law is essential for formalizing professional advisory relationships in various sectors. This document is typically used when an advisor or consulting firm agrees to provide specialized expertise, guidance, or consultancy services to a client. It must comply with German legal requirements, particularly the provisions of the German Civil Code (BGB) regarding service contracts (Dienstvertrag) and the Commercial Code (HGB) for business relationships. The contract addresses key aspects such as scope of services, compensation, confidentiality, liability, and data protection under GDPR. It's particularly important in professional services contexts where clear delineation of responsibilities, deliverables, and service standards is crucial for both parties' protection.
Suggested Sections

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

2. Background: Context of the advisory relationship and purpose of the agreement

3. Definitions: 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 conditions for termination

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

7. Obligations of the Advisor: Duties, responsibilities, and service standards of the advisor

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

9. Confidentiality: Protection of confidential information and trade secrets

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

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

12. Data Protection: GDPR compliance and data handling procedures

13. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement

Optional Sections

1. Non-Competition: Restrictions on competitive activities, used when the advisor may have access to sensitive market information

2. Insurance: Insurance requirements, typically included for high-risk advisory services

3. Force Majeure: Provisions for unforeseeable circumstances, important for long-term advisory relationships

4. Assignment and Subcontracting: Rules for transferring rights or delegating duties, relevant when working with larger organizations

5. Quality Assurance: Specific quality standards and metrics, important for technical or regulated advisory services

6. Compliance with Laws: Specific regulatory compliance requirements, necessary for regulated industries

7. Personnel: Requirements for specific individuals providing the services, important when key personnel are crucial

Suggested Schedules

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

2. Schedule 2: Fee Schedule: Detailed fee structure, rates, and payment terms

3. Schedule 3: Service Levels: Specific performance metrics and service level agreements

4. Appendix A: Key Personnel: List of key team members and their qualifications

5. Appendix B: Reporting Requirements: Templates and specifications for required reports

6. Appendix C: Data Processing Agreement: Detailed GDPR-compliant data processing terms

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 Industries

Management Consulting

Financial Services

Legal Services

Information Technology

Healthcare

Education

Environmental Services

Business Strategy

Human Resources

Real Estate

Corporate Finance

Public Sector

Engineering

Research and Development

Relevant Teams

Legal

Procurement

Compliance

Finance

Human Resources

Operations

Business Development

Risk Management

Contract Management

Project Management

Relevant Roles

Chief Executive Officer

Legal Counsel

Procurement Manager

Contract Manager

Business Development Director

Management Consultant

Financial Advisor

Strategy Consultant

Human Resources Director

Operations Manager

Project Manager

Risk Manager

Compliance Officer

General Counsel

Chief Financial Officer

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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