Consultancy Agreement: individual (project-based)
This Consultancy Agreement template is for the appointment of an individual directly by the client to provide consultancy services in relation to a specific project. The agreement will terminate once the project has been completed.
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When do I use this document?
- for the appointment of an individual to provide consulting services
- where the individual carries on business in the individual’s own right
- for the appointment of a consultant for a specific project
What are the key features?
- 24 clauses over 15 pages
- project-based appointment
- framework for project milestones and timeframes
- service performance obligations on the consultant
- consulting fees on the basis of achievement of project milestones
- ownership of intellectual property rights arising from the services
- status of the consultant as an independent contractor
- early termination for breach and other circumstances
What other documents are available?
For a form of consultancy for an individual on a time basis, see
For forms of consultancy agreement with a personal service company, see
When do I use this document?
- for the grant of both a put option and call option over shares in a private limited company
- so that both the buyer has an option to purchase the shares and the seller has an option to sell the shares
What are the key features?
- 24 clauses over 16 pages
- grant of the put and call options, with related definitions of option shares, exercise conditions and exercise periods
- put option exercise and form of exercise notice
- call option exercise and form of exercise notice
- mechanics for sale and purchase of option shares
- warranties and undertakings from the seller
What else do I need to know?
The principal matters which the parties to a put and call option agreement will need to negotiate include:
- option shares: the number of option shares
- exercise conditions: whether either option exercise is subject to satisfaction of any pre-conditions
- exercise periods: the time periods during which the seller may exercise the put option and the buyer may exercise the call option
- exercise price: the price payable for the shares
What other docs are available?
For alternative option agreements over shares, see:
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Updated by a lawyer on 04/11/2025
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