Consultancy Contract
CONSULTANCY CONTRACT
This Consultancy Contract ("Contract") is entered into this [Date] (the "Effective Date") by and between [Your Company Name], incorporated, having its principal place of business at [Your Company Address] ("Consultant"), and [Client's Name], incorporated, having its principal place of business at [Client’s Company Address] ("Client").
I. SCOPE OF SERVICES
The Consultant agrees to provide the Client with professional consultancy services ("Services") as detailed in the attached Statement of Work (SOW). The SOW will outline the specific services to be delivered, any deliverable timelines, and performance criteria.
II. TERMS AND TERMINATION
This Contract takes effect on April 1, 2050, and shall continue until March 31, 2051, unless terminated earlier by either party with thirty (30) days' written notice. Upon termination, the Client shall pay the Consultant for all Services rendered up to the termination date. For early termination, any prepaid fees for unrendered services will be prorated and refunded within forty-five (45) days. Both parties will endeavor to complete any pending obligations within the notice period unless otherwise agreed.
III. FEES AND PAYMENT
The Client shall compensate the Consultant a fee of $10,000 for the Services provided under this Contract. Payment shall be due and payable within thirty (30) days following the receipt of the Consultant's invoice, which will be submitted on or after May 1, 2050. Late payments shall accrue interest at a rate of 1.5% per month or the highest rate permissible under applicable law, whichever is lower.
IV. CONFIDENTIALITY
Both parties agree to maintain the confidentiality of all confidential information received during the term of this Contract. Confidential information does not include information that is publicly known, already known by the party at the time of disclosure, or rightfully obtained from third parties. This confidentiality obligation shall survive the termination of this Contract.
V. INDEPENDENT CONTRACTOR
The Consultant is engaged as an independent contractor. Nothing in this Contract shall be construed to create an employer-employee relationship between the Client and the Consultant. The Consultant is solely responsible for all taxes, withholdings, and other statutory or contractual obligations of any sort.
VI. INDEMNIFICATION
Each party agrees to indemnify, defend, and hold harmless the other party and its officers, directors, employees, agents, successors, and assigns from and against any claims, damages, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of the indemnifying party's breach of this Contract, misrepresentation, negligence, or misconduct. This indemnification shall survive the termination of this Contract.
VII. GOVERNING LAW AND VENUE
This Contract shall be governed by and construed under the laws of the state of [State], without giving effect to any principles of conflicts of law. Any disputes arising under or in connection with this Contract shall be resolved exclusively in the federal or state courts located in [County], [State].
VIII. ENTIRE AGREEMENT
This Contract, together with any attachments and exhibits referenced herein (including the Statement of Work), constitutes the entire agreement between the parties regarding its subject matter, and supersedes all prior or contemporaneous agreements, understandings, and communications, both written and oral.
IN WITNESS WHEREOF, the Client and the Consultant have executed this Consultancy Services Contract as of the Effective Date:
Name: [Your Name]
Company: [Your Company Name]
Name: [Client's Name]
