Consultant Engagement Letter
I. Introduction
This Consultant Engagement Letter ("Agreement") is entered into as of [Date] by and between [Your Company Name], with a principal address at [Your Company Address] ("Consultant"), and [Second Party Company Name], with a principal address at [Second Party Company Address] ("Client"). The purpose of this Agreement is to establish the terms and conditions under which Consultant will provide consulting services to the Client.
II. Scope of Services
Consultant agrees to provide the services outlined in the attached Exhibit A, which details the specific consulting work, advice, and deliverables expected during the engagement. Services will be provided as per the specifications agreed upon by both parties and within the scope of this Agreement.
III. Term of Engagement
The term of this engagement will begin on [Start Date] and continue until [End Date], unless terminated earlier by either party according to the terms of this Agreement. Consultant agrees to deliver the outlined services within the timelines specified, with progress updates provided regularly to the Client.
IV. Compensation and Payment Terms
In exchange for the services provided, the Client agrees to pay Consultant a fee of $[00] as outlined in the payment schedule attached. Payments will be made as follows: [Payment Schedule Details], and the Client will reimburse Consultant for any pre-approved out-of-pocket expenses incurred during the engagement.
V. Confidentiality
Both parties agree to maintain the confidentiality of any sensitive information exchanged during the engagement. Consultant will take all necessary measures to protect the confidentiality of the Client’s proprietary information, and this obligation will remain in effect after the termination of this Agreement.
VI. Intellectual Property
Any intellectual property created during the engagement, including but not limited to reports, presentations, or analyses, will be the property of the Client unless otherwise agreed upon in writing. The Consultant agrees to assign any rights to such intellectual property to the Client upon creation.
VII. Indemnification and Liability
Consultant agrees to indemnify and hold the Client harmless from any claims, damages, or liabilities arising out of Consultant’s breach of this Agreement. Neither party will be held liable for any indirect, special, or consequential damages resulting from the services provided under this Agreement.
VIII. Termination
Either party may terminate this Agreement with written notice if the other party materially breaches any of the terms outlined herein. Upon termination, the Consultant will be entitled to payment for any services rendered up to the date of termination.
IX. Dispute Resolution
In the event of a dispute, both parties agree to attempt resolution through informal negotiation and mediation before pursuing other legal remedies. If unresolved, any dispute will be subject to binding arbitration in [State], under the rules of [Arbitration Body].
X. Miscellaneous Provisions
This Agreement shall be governed by and construed in accordance with the laws of the State of [State]. The entire Agreement, including all exhibits and schedules, constitutes the complete understanding between the parties and supersedes all prior agreements.
XI. Acknowledgment and Signatures
By signing below, both parties acknowledge and agree to the terms set forth in this Consultant Engagement Letter. This Agreement will be effective as of the date first written above.
Consultant
[Your Name]
[Your Company Name]
[Date]
Client
[Representative's Name]
[Second Party Company Name]
[Date]
Consultant Templates @ Template.net
