The Advisor Contract is a crucial legal document used in Nigerian business contexts when engaging professional advisors, consultants, or subject matter experts. This agreement is essential for businesses and individuals seeking to formalize advisory relationships while ensuring compliance with Nigerian legal requirements. The contract typically includes detailed provisions for scope of services, compensation structures, confidentiality obligations, and intellectual property rights. It's particularly important in regulated industries where professional advisory services must meet specific legal and regulatory standards. The document serves to protect both the client's interests and the advisor's rights while establishing clear performance expectations and deliverables. This type of agreement is commonly used across various sectors in Nigeria, from financial services to technology, and can be customized to accommodate different types of advisory relationships while maintaining compliance with Nigerian contract law, labor regulations, and industry-specific requirements.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the company/individual engaging the advisor and the advisor's details
2. Background: Context of the advisory relationship and brief description of why the advisor is being engaged
3. Definitions: Key terms used throughout the agreement defined for clarity and legal certainty
4. Appointment and Scope of Services: Details of the advisor's appointment and specific services to be provided
5. Term and Duration: Period of the advisory relationship, including start date and duration
6. Advisor's Obligations: Detailed responsibilities and duties of the advisor
7. Client's Obligations: Responsibilities and obligations of the engaging party
8. Fees and Payment Terms: Compensation structure, payment schedule, and expense reimbursement terms
9. Confidentiality: Obligations regarding confidential information and trade secrets
10. Intellectual Property: Ownership and rights to any intellectual property created during the advisory relationship
11. Termination: Conditions and process for ending the advisory relationship
12. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes
13. Entire Agreement: Standard clause confirming the contract represents the entire agreement between parties
1. Non-Compete: Restrictions on advisor's ability to work with competitors, include when advisor will have access to sensitive competitive information
2. Non-Solicitation: Restrictions on soliciting clients or employees, relevant when advisor has significant client contact
3. Insurance Requirements: Specific insurance coverage requirements, include when advisor's services involve significant risks
4. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term advisory relationships
5. Data Protection: Specific provisions for handling personal data, include when advisor will process personal information
6. Professional Qualifications: Requirements for maintaining professional certifications, include for regulated professions
7. Performance Metrics: Specific KPIs or performance standards, include when advisory services are measurable
8. Subcontracting: Terms for engaging subcontractors, include when advisor may need to delegate work
1. Schedule A - Scope of Services: Detailed breakdown of specific services to be provided by the advisor
2. Schedule B - Fee Structure: Detailed fee calculations, rates, and payment terms
3. Schedule C - Key Personnel: List of key individuals involved in providing the advisory services
4. Schedule D - Service Levels: Specific performance standards and metrics if applicable
5. Schedule E - Compliance Requirements: Specific regulatory or compliance requirements applicable to the services
6. Appendix 1 - Required Qualifications: List of required professional qualifications and certifications
7. Appendix 2 - Reporting Ƶ: Standard formats for any required reporting by the advisor
Find the exact document you need
Advisory Board Agreement
A Nigerian law-governed agreement establishing terms for advisory board membership, including duties, compensation, and obligations.
Download
Startup Advisor Agreement
A Nigerian law-governed agreement establishing the terms and conditions between a startup and its advisor, including services, compensation, and obligations.
Download
Advisory Shares Agreement
A Nigerian law-governed agreement detailing the terms of advisory services provided in exchange for company shares, including vesting schedule and obligations.
Download
Advisor Contract
A Nigerian law-governed agreement establishing the terms and conditions between a client and an advisor for professional advisory services.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)