Consultancy Agreement: company (individual side letter)
Letter from an individual to a client for use in conjunction with a consultancy agreement between the client and the individual’s personal service company
Background
Consultancy Agreement company individual side letter
A Consultancy Agreement may be for the appointment by the client of an individual’s personal service company. The service company agrees to provide consultancy services to the client, which will be carried out by the individual.
The individual is not a party to the Consultancy Agreement itself, which is between the client and the service company.
To help ensure that the individual will be available to provide the services and will procure the performance of the Consultancy Agreement by the service company, the client will often require a letter from the individual to the client under which the individual will enter into legally binding undertakings directly with the client.
This consultancy agreement company individual side letter is for use in conjunction with a Consultancy Agreement between the client and the individual’s service company.
Document features: Consultancy Agreement company individual side letter
Features include legally binding undertakings from the individual to the client regarding the following matters:
- the continued ownership of the service company by the individual during the term of the Consultancy Agreement
- the availability of the individual to perform the services required under the Consultancy Agreement
- the performance of the Consultancy Agreement by the service company
- the continued employment of the individual by the service company
- the ownership of intellectual property in materials/work product generated during the consultancy
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