Standard (Sample) Consulting Agreement Template (Page 2 of 6) in pdf

4. Billing. CONSULTANT SHALL INVOICE client on a weekly basis, providing a listing of labor terms and

expenses. Payment on invoices so provided shall be due within 30 days from the invoice date. Other

arrangements may be made on a case by case basis and shall be written into the statement of work

defined in Schedule A.

5. Confidential Information. Confidential information of any nature that either party acquires regarding

any aspect of the other party’s business shall be treated in strictest confidence. Information so obtained

shall not be divulged, furnished or made accessible to third parties without the written permission of the

other party to this Agreement. Both parties retain the right to do business with third parties in matters that

maybe competitive with the interests of the other party to this agreement. However, the confidentiality

constraints above shall be binding and precedence over these business matters. Upon termination of

the Agreement, the terms of this paragraph shall remain in effect for five (5) years.

6. Ownership of Intellectual Property.

(a). CONSULTANT shall retain ownership of all generic notebooks, notes, drawings and similar materials,

including computer generated documents created by CONSULTANT in the performance of Services

under this Agreement. CLIENT shall retain ownership of all CLIENT-specific notebooks, notes, drawings

and similar materials, including computer generated documents created by CONSULTANT in the

performance of Services under this Agreement. All conditions of confidentiality of these documents shall

be in effect as defined elsewhere in this Agreement.

(b). CLIENT shall be responsible for verifying any property rights of other parties prior to the use of any

work product provided under this Agreement.

( c). CLIENT acknowledges that the use of any design, advice, drawing or other service provided by

CONSULTANT, its employees and agents does not relieve the CLIENT’S responsibility to execute

sufficient judgment to ensure that any resulting product or information is suitable for use in CLIENT’S

business.

7. Term and Termination.

(a). Unless terminated at an earlier date in accordance with Section 7(b,) this Agreement shall

commence as of the date first written above and shall continue until (date) __________________.

(b). This Agreement may not be terminated except if notice is given by either party with 60 days’ notice. In

the case where the CLIENT wishes to terminate this Agreement prior to its completion, the

CONSULTANT shall be entitled to receive all fees and expenses incurred up to the date of termination in

accordance with the billing procedures set forth in Section 4 from the CLIENT.

8. Indemnification. CLIENT agrees to indemnify, defend and hold harmless CONSULTANT against any

and all loss, liability, expense and costs (including attorney’s fees, judgments, fines, penalties, interest

and amounts paid in settlement) actually and reasonably incurred by CONSULTANT in connection with

any threatened, pending, completed or future action, suit or proceeding to which CONSULTANT is, or is

threatened to be, made a party arising from or related to Services that have been provided hereunder.

The terms of this Section 8 are non-revocable and shall survive the termination of this Agreement.

Standard (Sample) Consulting Agreement Template Page 2