Consultancy Agreement Template Malaysia

When it comes to hiring a consultant in Malaysia, one of the most important documents you`ll need is a consultancy agreement. This agreement outlines the terms of the relationship between the consultant and the client, and it`s important to ensure that it`s properly drafted to avoid any disputes or issues down the line.

To help you get started, we`ve put together a consultancy agreement template for Malaysia that you can use as a basis for your own agreement.

Consultancy Agreement Template Malaysia

This agreement („Agreement”) is entered into between [Client Name] („Client”) and [Consultant Name] („Consultant”) on the [Date]. The Client intends to engage the Consultant to provide the services outlined in Schedule A („Services”).

1. Scope of Services

The Consultant shall perform the Services set out in Schedule A with reasonable skill and care and in accordance with industry standards.

2. Fees

The Consultant will be paid a fee of [Amount] for the Services. The fee will be paid in [Frequency] instalments as set out in Schedule B. The fee includes all expenses incurred by the Consultant in providing the Services, with the exception of expenses pre-approved by the Client.

3. Term

This Agreement shall commence on [Date] and shall terminate on [Date] or upon completion of the Services, whichever is earlier.

4. Confidentiality

The Consultant shall keep confidential all information provided by the Client in connection with the Services and shall not disclose any such information to any third party without the prior written consent of the Client.

5. Intellectual Property

All work produced by the Consultant under this Agreement shall be the property of the Client, including any intellectual property rights.

6. Termination

The Client may terminate this Agreement at any time by giving notice to the Consultant. The Consultant may terminate this Agreement if the Client is in breach of any of its obligations under this Agreement and fails to remedy the breach within 14 days of being notified in writing.

7. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of Malaysia and any disputes arising out of this Agreement shall be subject to the exclusive jurisdiction of the Malaysian courts.

8. Entire Agreement

This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written, between the parties.

9. Amendments

This Agreement may not be amended except in writing signed by both parties.

Schedule A – Services

[Insert description of the services to be provided by the Consultant]

Schedule B – Payment

[Insert payment schedule and details]

Conclusion

A well-drafted consultancy agreement is essential for any business engaging the services of a consultant in Malaysia. It`s important to ensure that all aspects of the relationship are covered in the agreement, including the scope of services, fees, confidentiality, intellectual property, and termination. With this template, you can create an agreement that meets your specific needs and protects your interests.

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