It should be emphasized, within the framework of the consultant`s agreement, that the consultant has no rights over the company`s IP; access is made only if necessary to provide the necessary counselling services. The confidentiality of confidential information should also be included in the consultant`s agreement. As a result, confidential information about the company is not communicated by the consultant to third parties. It should also be noted that by respecting this part of the agreement, he/she agrees to best preserve the company`s secrets. The return of certain company documents in the event of termination must also be respected. 11. Limitation of Liability. In no event shall the Company be liable for any consequential, indirect, exemplary, special or incidental damages arising out of or in connection with this Agreement. The total cumulative liability of the Company under this Agreement, whether in contract, unlawful act or otherwise, shall not exceed the total amount of fees that the Enterprise owes to the Advisor for the services provided under this Agreement. Hiring a consultant for your business can significantly improve how your business operates.
External and objective advice can help your business accomplish bigger things faster by using the advice of others. However, in a professional environment, it is in everyone`s interest to formalize the relationship so that everyone knows what is expected of them. Involving a consultant can significantly improve the way your business operates. External advice can help you do much more and much faster using the experience of others. However, as with any new relationship, it`s best for everyone to formalize the nature of the relationship in order to meet expectations. A classic approach for an entrepreneur to hire a consultant could follow the following structure. 12. Advisor`s Insurance and Warranties. The Advisor represents, warrants and undertakes that (i) neither the Work Product nor the Services infringe or abuse the intellectual property rights of any person or entity; (ii) the advisor does not and will not grant any rights or interests in the work product to any natural or legal person other than the enterprise; (iii) the work product is not subject to any pledge, charge or other restriction on its transfer; (iv) the adviser is fully competent and competent to conclude this Agreement; (v) the adviser has received and will receive all contracts necessary for the performance of his obligations under this Agreement; and (vi) The Advisor will comply with all laws when performing his or her obligations under this Agreement. . . .