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Evergreen Engagement Letter
"I need an Evergreen Engagement Letter for my management consulting firm to provide ongoing strategic advisory services to a multinational retail client, with quarterly review periods and flexible fee arrangements that can be adjusted based on service utilization."
1. Service Provider Details: Full legal name, address, and regulatory status of the service provider
2. Client Details: Full legal name and address of the client
3. Scope of Services: Detailed description of services to be provided, including specific deliverables and expectations
4. Fees and Payment Terms: Fee structure, billing arrangements, payment terms and methods
5. Duration and Termination: Evergreen nature of the agreement, notice periods, and termination provisions
6. Professional Standards: Commitment to professional standards, quality of service, and applicable regulatory requirements
7. Confidentiality: Obligations regarding confidential information and data protection
1. Team Structure: Details of key personnel, reporting lines, and team organization for larger engagements
2. Regulatory Compliance: Specific regulatory obligations and compliance requirements for regulated services
3. Conflict Management: Procedures for identifying and handling potential conflicts of interest
4. Insurance Coverage: Details of professional indemnity and other relevant insurance coverage
5. Dispute Resolution: Process for handling disputes and complaints
1. Fee Schedule: Detailed breakdown of fees, rates, and charging structures
2. Service Level Agreement: Specific service standards, performance metrics, and response times
3. Data Processing Agreement: Details of data processing activities, compliance measures, and data protection obligations
4. Key Personnel Schedule: List of key team members, their roles, and contact information
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