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Business Development Contractor Agreement
"I need a Business Development Contractor Agreement for engaging a senior consultant to help expand our fintech business in Hong Kong and mainland China, with specific provisions for performance-based compensation and protection of our financial technology intellectual property."
1. Parties: Identifies and defines the contracting parties - the company and the contractor
2. Background: Sets out the context of the agreement and the parties' intentions
3. Definitions: Defines key terms used throughout the agreement
4. Appointment and Status: Establishes the contractor's appointment and explicitly confirms independent contractor status
5. Scope of Services: Details the business development services to be provided
6. Term and Termination: Specifies the duration of the agreement and termination provisions
7. Compensation and Payment Terms: Details fees, commission structures, and payment processes
8. Obligations of the Contractor: Lists the contractor's duties, responsibilities, and performance standards
9. Obligations of the Company: Outlines the company's commitments and support to the contractor
10. Intellectual Property Rights: Addresses ownership and usage of IP created during the engagement
11. Confidentiality: Protects sensitive business information
12. Non-Competition and Non-Solicitation: Restricts competitive activities and client solicitation
13. Indemnification and Liability: Allocates risks and establishes liability limits
14. General Provisions: Contains standard boilerplate clauses including governing law, notices, and amendment procedures
1. Performance Targets: Specific KPIs and targets, used when the engagement is heavily performance-based
2. Territory and Exclusivity: Defines geographical scope and exclusivity rights, used when the contractor has exclusive territories
3. Insurance Requirements: Detailed insurance obligations, used when specific coverage is required
4. Training and Support: Outlines training provided by the company, used when specific onboarding or ongoing training is needed
5. Compliance with Specific Regulations: Additional compliance requirements, used when operating in regulated industries
6. Sub-contracting Rights: Rules regarding delegation of duties, used when sub-contracting might be permitted
7. Marketing and Branding Guidelines: Rules for representing the company, used when contractor has significant client-facing roles
1. Schedule 1 - Services Description: Detailed breakdown of business development services and deliverables
2. Schedule 2 - Compensation Structure: Detailed fee calculations, commission rates, and bonus structures
3. Schedule 3 - Territory Map: Geographical areas covered by the agreement
4. Schedule 4 - Approved Client List: List of existing clients and potential targets
5. Schedule 5 - Reporting Requirements: Templates and timing for activity and performance reporting
6. Appendix A - Company Policies: Relevant company policies the contractor must comply with
7. Appendix B - Expense Policy: Guidelines for expense claims and reimbursement procedures
Authors
Technology
Financial Services
Professional Services
Real Estate
Manufacturing
Healthcare
Education
Retail
Telecommunications
Construction
Import/Export
Consulting
Legal
Human Resources
Business Development
Sales
Commercial
Finance
Procurement
Compliance
Operations
Business Development Manager
Sales Director
Chief Commercial Officer
Market Development Manager
Strategic Partnership Manager
Growth Manager
Commercial Director
Business Development Representative
Account Executive
Regional Sales Manager
Chief Executive Officer
Legal Counsel
HR Director
Procurement Manager
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