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Business Advisor Agreement
"I need a Business Advisor Agreement for my tech startup in Lagos, engaging a financial advisory firm to provide strategic guidance and investment readiness services starting March 2025, with special emphasis on confidentiality and protection of intellectual property."
1. Parties: Identification of the parties entering into the agreement, including full legal names, registration numbers, and registered addresses
2. Background: Context of the agreement, brief description of the parties, and purpose of the advisory relationship
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment and Scope of Services: Terms of appointment and detailed description of 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 expenses policy
7. Obligations of the Advisor: Duties, responsibilities, and performance standards expected from the advisor
8. Obligations of the Client: Client's responsibilities, including providing necessary information and cooperation
9. Confidentiality: Provisions for handling confidential information and trade secrets
10. Intellectual Property: Ownership and rights related to work products and pre-existing IP
11. Non-Competition and Non-Solicitation: Restrictions on competitive activities and solicitation of employees/clients
12. Representations and Warranties: Statements of fact and promises made by both parties
13. Limitation of Liability: Caps on liability and exclusions of certain types of damages
14. Force Majeure: Provisions for handling events beyond parties' control
15. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes
16. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Independent Contractor Status: Clarifies that the advisor is an independent contractor, not an employee - used when there's potential ambiguity about employment status
2. Insurance: Requirements for professional indemnity insurance - used for high-risk advisory services
3. Anti-Corruption Compliance: Detailed anti-corruption provisions - used when advisory services involve government interactions or high-risk sectors
4. Data Protection: Detailed data protection provisions - used when services involve processing personal data
5. International Services: Provisions for cross-border services - used when advisor provides services internationally
6. Key Personnel: Identification of specific individuals responsible for service delivery - used for complex advisory relationships
7. Service Levels: Specific performance metrics and standards - used for ongoing advisory relationships with measurable deliverables
8. Succession Planning: Provisions for transition of services - used for long-term strategic advisory relationships
1. Schedule 1 - Scope of Services: Detailed breakdown of advisory services, deliverables, and timelines
2. Schedule 2 - Fee Schedule: Detailed fee structure, rates, and payment terms
3. Schedule 3 - Key Personnel: List of key individuals involved in providing the services and their qualifications
4. Schedule 4 - Service Levels: Specific performance metrics, reporting requirements, and evaluation criteria
5. Appendix A - Compliance Requirements: Specific regulatory and compliance requirements applicable to the services
6. Appendix B - Confidentiality Agreement: Detailed confidentiality terms and procedures
7. Appendix C - Report Templates: Standard formats for reports and deliverables
Authors
Agreement
Applicable Laws
Business Day
CAMA
Client
Commencement Date
Confidential Information
Consulting Fees
Deliverables
Effective Date
Force Majeure Event
Initial Term
Intellectual Property Rights
Key Personnel
Material Breach
Notice
Party/Parties
Professional Standards
Project
Renewal Term
Reports
Services
Service Levels
Scope of Work
Term
Territory
Third Party
Working Hours
Work Product
Affiliate
Business
Change of Control
Dispute
Expenses
Good Industry Practice
Government Authority
Indemnified Parties
Laws
Losses
Personnel
Proprietary Information
Representatives
Termination Date
VAT
Term
Services
Fees and Payment
Expenses
Duties and Obligations
Performance Standards
Reporting
Confidentiality
Data Protection
Intellectual Property
Non-Competition
Non-Solicitation
Representations and Warranties
Indemnification
Limitation of Liability
Insurance
Force Majeure
Termination
Independent Contractor Status
Assignment
Amendments
Notices
Severability
Entire Agreement
Governing Law
Dispute Resolution
Anti-Corruption
Compliance with Laws
Third Party Rights
Waiver
Counterparts
Financial Services
Oil and Gas
Technology
Manufacturing
Agriculture
Telecommunications
Healthcare
Real Estate
Professional Services
Education
Retail
Mining
Construction
Energy
Entertainment
Transportation and Logistics
Legal
Procurement
Finance
Human Resources
Operations
Strategy
Business Development
Risk Management
Compliance
Corporate Development
Executive Leadership
Project Management Office
Business Advisor
Management Consultant
Strategy Consultant
Chief Executive Officer
Managing Director
Business Development Manager
Corporate Strategy Director
Financial Advisor
Operations Consultant
Legal Counsel
Procurement Manager
Human Resources Director
Chief Financial Officer
Risk Management Advisor
Compliance Officer
Project Manager
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