CONSULTING AGREEMENT CONSULTING AGREEMENT This CONSULTING AGREEMENT (the “Agreement” or “Consulting Agreement”) states the terms and conditions that govern the contractual agreement between [Consultant Company] having its principal place of business at [Consultant Address] (the “Consultant”), and [Client Company] (the “Client”) who agrees to be bound by this Agreement. WHEREAS, the Consultant offers consulting services in the field of business and WHEREAS, the Client desires to retain the services of the Consultant to render consulting services with regard to [Scope of consulting services] according to the terms and conditions herein. NOW, THEREFORE, In consideration of the mutual covenants and promises made by the parties hereto, the Consultant and the Client (individually, each a “Party” and collectively, the “Parties”) covenant and agree as follows: TERM This Agreement shall begin on [Begin date] and continue for [Time period]. Either Party may terminate this Agreement for any reason with [Days written notice] days written notice to the other Party. CONSULTING SERVICES 2.1 The Consultant agrees that it shall provide its expertise to the Client for all things pertaining to the services to be offered (The “Consulting Services.”). The Company offers services such as; File your Articles of Incorporation with the Georgia Secretary of State’s Corporation Division within 30 days of reserving your non-profit’s name. Apply for a federal employer identification number, or EIN, with the IRS. Create bylaws Apply for federal tax-exempt status. Apply for Georgia tax-exempt status. You must submit an IRS determination letter to the Georgia Department of Revenue along with state tax unit Form 3605, an Application for Recognition of Exemption. Apply for a Georgia ID number from the Department of Revenue. 2.2 The Company shall further develop a Five-Year Financial Model specific to the Client’s Company business model and overall revenue streams. DNA 360 Consulting will be able to use this financial model to run different assumptions, change operating costs change employee salaries and change revenue assumptions. The financial model will include: Revenue Projections. A detailed analysis and projection of the Client Company’s expected revenue based on its Company’s business model, revenue streams, and price points. Initial Funding Analysis. A breakdown of the ongoing capital requirements, growth capital and ongoing working capital required to successfully grow the business. If the Client’s Company does not have these costs available, DNA 360 Consulting will make cost estimates to the best of its abilities. Operating Expenditures. This sheet will include a breakdown of the Company’s expected ongoing monthly operational costs including rent, marketing, utilities, travel and other costs. The financial model will be input based and the Company can run various operating cost scenarios. Headcount. Projections of expected headcount and payroll costs, with changeable hiring timelines and salaries. The financial model will also automatically calculate payroll and other employee taxes. Overview Tab. A dashboard overview of the financial projections based on the different sheets described above including charts and graphs as needed. Pro-Forma Financial Statements. 5-Year projected income statement, balance sheet, and cash-flow statement 2.3 Further, DNA 360 Consulting, LLC is to write, research, design and deliver a comprehensive Business Plan Draft that will include: · Company Analysis: An overview of the Company’s current or planned operations, its business model and its value proposition to the market. DNA 360 Consulting, LLC will advise and consult the Company on the best strategies to differentiate itself in the market. · Industry Analysis: An industry analysis that includes research on historical performance, future industry outlook, industry segmentation, and key external drivers that may impact the business. · Market Analysis: A market and customer analysis of the Company’s potential clients and their preferences, behaviors, and trends. This section will include information about how these market trends directly impact and benefit the Company. COMPENSATION 3.1 In consideration for the Consulting Services, the Client shall pay the Consultant on a Flat Fee basis of [$, 000] for services included in this Agreement. The payment plan will be, 50% upon commencement of service and 50% upon delivery of the First Edition Business Plan. Upon completion of the First Edition Draft Business Plan, Company will receive two (2) weeks of unlimited edits to the business plan. 3.2 For payment, we accept credit card or direct ACH Bank transfer. For all credit or debit card payments, we charge a 3% payment processing fee. INTELLECTUAL PROPERTY RIGHTS The Parties acknowledge and agree that the Client will hold all intellectual property rights in any work product resulting from the Consulting Services including, but not limited to, copyright and trademark rights. The Consultant agrees not to claim any such ownership in such work product’s intellectual property at any time prior to or after the completion and delivery of such work product to the Client. CONFIDENTIALITY The Consultant shall not disclose to any third party any details regarding the Client’s business, including, without limitation (i) any information regarding any of the Client’s customer information, business plans, or price points (the “Confidential Information”), (ii) Make copies of any Confidential Information or any content based on the concepts contained within the Confidential Information for personal use or for distribution unless requested to do so by the Client, or (iii) Use Confidential Information other than solely for the benefit of the Client. NON- COMPETITION During the term of this Agreement and for ________ months thereafter, the Consultant shall not engage, directly or indirectly, as an employee, officer, manager, partner, manager, consultant, agent, owner or in any other capacity, in any competition with the Client or any of its subsidiaries, including any company engaged in [Type of business]. NON SOLICITATION OF CUSTOMERS During the term of this Agreement and for ________months thereafter, the Consultant will not, directly or indirectly, solicit or attempt to solicit any business from any of the Company’s clients, prospects, employees or contractors. NON SOLICITATION OF EMPLOYEES During the term of this Agreement and for __________months thereafter, the Consultant will not, directly or indirectly, recruit, solicit, or induce, or attempt to recruit, solicit, or induce, any of the Company’s employees, or contractors for work at another company. INDEMNIFICATION The Client agrees to indemnify, defend, and protect the Consultant from and against all lawsuits and costs of every kind pertaining to the Client’s business including reasonable legal fees due to any act or failure to act by the Client based upon the Consulting Services. MODIFICATION No modification of this Agreement shall be valid unless in writing and agreed upon by both Parties. APPLICABLE LAW This Consulting Agreement and the interpretation of its terms shall be governed by and construed in accordance with the laws of the State of [State] and subject to the exclusive jurisdiction of the federal and state courts located in [County], [State]. AGREEMENT EXECUTION IN WITNESS WHEREOF, the parties hereto have executed this agreement, or have caused this Agreement to be duly executed on their respective behalf by their respective officers thereunto duly authorized, as of as of the dates below. DNA 360 LLC Company Client Company Signature: __________________________ Signature: _______________________ Name: Tawanda Ellis Name: Title: Title: Date: Date: PAYMENT BILLING INFORMATION: Name: _________________________________________________________________ Address: _______________________________________________________________ City: ______________________________ State: _________________________ Zip Code: _________ Phone Number__________________________ SELECT PAYMENT OPTION: [ ] Credit Card (3% Payment Processing Fee) OR [ ] Direct ACH Payment Credit Card Type Bank Account Number Credit Card Number Bank Routing Number Expiration Date Account Type: [ ] Business [ ] Personal Security Code Checking or Savings: [ ] Checking [ ] Savings AUTHORIZATION: The undersigned hereby authorizes DNA 360 CONSULTING LLC to process automatic payment based on the fee schedule listed in this Agreement at execution of this agreement for the first payment deposit and upon delivery of the First Edition Business Plan draft for the remaining balance. The undersigned hereby certifies that they are duly authorized to execute this form on behalf of the above listed account holder. Name ____________________________ Signature _________________________
At Legal writing experts, we would be happy to assist in preparing any legal document you need. We are international lawyers and attorneys with significant experience in legal drafting, Commercial-Corporate practice and consulting. In the last few years, we have successfully undertaken similar assignments for clients from different jurisdictions. If given this opportunity, The LegalPen will be able to prepare the legal document within the shortest time possible. You can send us your quick enquiry ( here )