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The Business Advisory Agreement is a crucial legal document used when establishing a professional advisory relationship between a business advisor or consulting firm and their client in the Philippines. This document is essential when a business seeks professional guidance, strategic advice, or specialized consulting services while ensuring legal compliance with Philippine regulations. The agreement typically covers detailed service scope, fee structures, confidentiality obligations, and performance expectations, while incorporating necessary provisions under Philippine law including the Civil Code and Corporation Code. It's particularly relevant in today's complex business environment where companies increasingly rely on external expertise for strategic decision-making, operational improvements, and growth initiatives. The document serves to protect both parties' interests while providing a clear framework for the advisory relationship.

1. Parties: Identification of the advisor and the client, including full legal names, addresses, and registration details

2. Background: Context of the agreement, including the client's business needs and advisor's qualifications

3. Definitions: Key terms used throughout the agreement defined for clarity and legal certainty

4. Scope of Services: Detailed description of the advisory services to be provided

5. Term and Termination: Duration of the agreement and conditions for termination

6. Fees and Payment Terms: Advisory fees, payment schedule, and related financial terms

7. Obligations of the Advisor: Responsibilities and commitments of the advisor in providing services

8. Obligations of the Client: Client's responsibilities, including providing necessary information and cooperation

9. Confidentiality: Provisions for handling confidential information and trade secrets

10. Intellectual Property: Ownership and usage rights of materials and deliverables

11. Limitation of Liability: Extent and limitations of advisor's liability

12. Force Majeure: Provisions for unforeseen circumstances affecting performance

13. Governing Law and Jurisdiction: Specification of Philippine law as governing law and jurisdiction for disputes

14. General Provisions: Standard contractual provisions including notices, amendments, and severability