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• 1) Fees and Payment: Clearly state your pricing structure, payment terms, and any additional charges. Specify when and how invoices will be issued, as well as your accepted payment methods.
• 2) Termination and Cancellation: Outline the process for terminating the consulting agreement and any associated fees or penalties. Include a notice period required for termination.
• 3) Liability and Indemnification: Describe your liability limits and the circumstances under which you will be held accountable for damages or losses. Include clauses regarding indemnification, which can protect you from client claims.
• 4) Governing Law and Jurisdiction: Define the governing law that will apply to the contract and the jurisdiction where any disputes will be resolved. This can simplify legal matters if disagreements arise.