template

Side Letter (To Contractor / Consultancy Agreement)

by
Genie Team
Genie Team
Sep, 28 2022

When to use this template

A side letter to the Contractor / consultancy agreement via a service company containing undertakings by the individual who controls the service company in order to induce the client company to enter into the Contractor / consultancy agreement with the service company.

Key issues covered in this template

  • Binding terms
  • Consultant Company's obligations
  • Entitled to enter
  • Exclusive compensation
  • Indemnify for consultant company's failure to perform obligations
  • Share capital ownership
  • Undertakings and agreements
  • N/A

What to watch out for

  • The potential for the individual who controls the service company to not uphold their end of the bargain, as laid out in the side letter

  • The possibility that the client company may not be aware of the side letter, and thus not be able to hold the service company or the individual who controls it accountable

  • The potential for the Contractor / consultancy agreement to be void if the side letter is not honored

1

Used by

Author

Genie Team

Genie Team

@genieteam
Genie AI

The Genie Team consists of lawyers and paralegals. Our aim is to open source the law and provide high quality, regularly reviewed legal documents.

F
Transport
100%

Additional information

Business categories

Business activities

Relevant sectors

Consultancy

Relevant company sizes

1 - 3

4 - 19

20 - 49

50 - 249

250 - 999

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes