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Business Development Consulting Agreement
"I need a Business Development Consulting Agreement for a Saudi IT company hiring a consulting firm to help expand into UAE markets, with special focus on data protection and local content requirements, starting January 2025."
1. Parties: Identification of the consulting firm and the client company, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement, including the client's business needs and consultant's expertise
3. Definitions: Key terms used throughout the agreement, including 'Services', 'Deliverables', 'Confidential Information', etc.
4. Scope of Services: Detailed description of consulting services, objectives, and expected outcomes
5. Term and Timeline: Duration of the agreement and key milestone dates
6. Consultant's Obligations: Key responsibilities, performance standards, and delivery requirements
7. Client's Obligations: Client's responsibilities, including provision of information and access
8. Fees and Payment Terms: Compensation structure, payment schedule, expenses, and invoicing procedures
9. Confidentiality: Protection of confidential information and trade secrets
10. Intellectual Property Rights: Ownership and usage rights of pre-existing and created IP
11. Compliance with Laws: Adherence to Saudi regulations, including anti-corruption laws
12. Termination: Conditions for termination, notice periods, and consequences
13. Dispute Resolution: Process for resolving disputes, including jurisdiction and applicable law
14. General Provisions: Standard clauses including notices, amendments, and severability
1. Non-Competition: Restrictions on consultant's activities with competitors, used when sensitive market information is involved
2. Performance Metrics: Specific KPIs and evaluation criteria, included when performance-based compensation is used
3. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term agreements
4. Insurance Requirements: Specific insurance coverage requirements, important for high-risk consulting activities
5. Data Protection: Specific data handling and protection requirements, needed when personal data processing is involved
6. Shariah Compliance: Specific provisions ensuring compliance with Islamic law principles, required for certain types of transactions
7. Local Content Requirements: Provisions addressing Saudi Arabia's local content requirements, needed for certain sectors
1. Schedule A - Scope of Services: Detailed breakdown of services, deliverables, and timelines
2. Schedule B - Fee Schedule: Detailed fee structure, payment milestones, and expense categories
3. Schedule C - Key Personnel: List of key consulting team members and their roles
4. Schedule D - Service Levels: Specific performance standards and metrics
5. Schedule E - Compliance Requirements: Detailed compliance obligations under Saudi law
6. Appendix 1 - Required Forms: Standard forms for reporting, invoicing, and service requests
7. Appendix 2 - Client Policies: Relevant client policies that consultant must comply with
Authors
Information Technology
Financial Services
Healthcare
Energy and Utilities
Manufacturing
Real Estate
Construction
Telecommunications
Professional Services
Retail
Education
Defense
Mining
Transportation
Tourism
Legal
Business Development
Commercial
Procurement
Finance
Compliance
Operations
Strategy
Project Management
Risk Management
Corporate Development
Chief Executive Officer
Business Development Director
Legal Counsel
Commercial Director
Procurement Manager
Contract Manager
Strategy Director
Operations Director
Compliance Officer
Chief Financial Officer
Project Manager
Business Development Manager
General Counsel
Managing Director
Chief Operating Officer
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