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Business Advisor Agreement Template for Saudi Arabia

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Key Requirements PROMPT example:

Business Advisor Agreement

"I need a Business Advisor Agreement for engaging a technology consulting firm to provide digital transformation advisory services for our Saudi manufacturing company, starting March 2025, with specific provisions for handling sensitive data and international knowledge transfer."

Document background
The Business Advisor Agreement is a critical legal document used in Saudi Arabia when engaging professional business advisory services, whether from individual consultants, advisory firms, or professional services companies. This agreement is essential for businesses seeking strategic guidance, operational improvement, or specialized expertise while ensuring compliance with Saudi Arabian commercial laws and regulations. The document typically includes comprehensive details about service scope, deliverables, compensation, confidentiality, intellectual property rights, and compliance requirements. It's particularly important in the Saudi context due to specific regulatory requirements, including Shariah compliance considerations and local commercial regulations. The agreement serves to protect both parties' interests while establishing clear parameters for the advisory relationship, performance expectations, and dispute resolution mechanisms.
Suggested Sections

1. Parties: Identification of the parties entering into the agreement, including full legal names, addresses, and commercial registration details

2. Background: Context of the agreement, brief description of the advisor's expertise and the client's requirements

3. Definitions: Key terms used throughout the agreement defined for clarity and consistency

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 related financial terms

7. Obligations of the Advisor: Specific duties, responsibilities, and standards of service expected from the advisor

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

9. Confidentiality: Provisions for handling confidential information and trade secrets

10. Intellectual Property: Ownership and rights regarding any intellectual property created during the advisory relationship

11. Non-Competition and Non-Solicitation: Restrictions on competitive activities and solicitation of employees/clients

12. Compliance with Laws: Commitment to comply with Saudi laws, including anti-corruption and commercial regulations

13. Governing Law and Jurisdiction: Specification of Saudi law as governing law and jurisdiction for dispute resolution

14. General Provisions: Standard clauses including force majeure, notices, and amendment procedures

Optional Sections

1. Performance Metrics: Specific KPIs and performance measurement criteria, used when the advisory services are quantifiable

2. International Travel: Terms regarding international travel and related expenses, included when services require travel

3. Shariah Compliance: Specific provisions ensuring compliance with Islamic law, included when required by the nature of services or client

4. Regulatory Approvals: Requirements for obtaining and maintaining regulatory approvals, included when services involve regulated activities

5. Insurance Requirements: Specific insurance coverage requirements, included for high-risk advisory services

6. Data Protection: Detailed data protection and privacy provisions, included when services involve handling sensitive data

7. Team Composition: Details about the advisory team members and their roles, included for larger-scale advisory services

8. Succession Planning: Provisions for continuity of services, included for long-term advisory relationships

Suggested Schedules

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

2. Schedule B - Fee Structure: Detailed fee calculations, rates, and payment milestones

3. Schedule C - Key Personnel: List of key personnel from both parties involved in the advisory relationship

4. Schedule D - Service Levels: Specific service level commitments and response times

5. Schedule E - Compliance Requirements: Detailed compliance requirements and procedures

6. Appendix 1 - Required Forms and Templates: Standard forms for reporting, invoicing, and other administrative processes

7. Appendix 2 - Communication Protocol: Procedures for regular communications and reporting

8. Appendix 3 - Conflict Resolution Procedures: Detailed steps for addressing disputes or performance issues

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




































Clauses






























Relevant Industries

Financial Services

Technology

Manufacturing

Healthcare

Real Estate

Energy

Telecommunications

Professional Services

Retail

Education

Construction

Mining

Tourism

Transportation

Agriculture

Defense

Relevant Teams

Legal

Procurement

Finance

Compliance

Risk Management

Operations

Strategy

Business Development

Corporate Development

Human Resources

Project Management

Commercial Operations

Administration

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Procurement Manager

Business Development Director

Strategy Director

Operations Manager

Risk Manager

Compliance Officer

Project Manager

Management Consultant

Business Advisor

Corporate Development Manager

Commercial Director

General Counsel

Human Resources Director

Finance Manager

Contract Administrator

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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