Board Advisor Agreement

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Board Advisor Agreement

Board Advisor Agreement

{{company_name}} {{company_address}} Phone: {{phone}} Email: {{email}} Website: {{website}}

Board Advisor Agreement

This Board Advisor Agreement (the “Agreement”) is made and entered into as of this {{date}} by and between:

{{company_name}}, a company duly incorporated under the laws of {{jurisdiction}}, with its principal place of business at {{company_address}} (hereinafter referred to as “the Company”); and

{{advisor_name}}, an individual residing at {{advisor_address}} (hereinafter referred to as “the Advisor”).

Collectively referred to as the “Parties.”

1. Appointment and Services

1.1. The Company hereby appoints the Advisor, and the Advisor hereby accepts such appointment, to serve as a non-executive advisor to the Company’s Board of Directors (the “Board”).

1.2. The Advisor shall provide strategic advice, insights, and recommendations to the Board on matters related to {{areas_of_expertise}}, business development, market trends, and corporate strategy, as reasonably requested by the Company or the Board.

1.3. The Advisor's services shall be rendered on a {{frequency}} basis or as otherwise mutually agreed upon by the Parties. The Advisor shall attend Board meetings, committee meetings, and other discussions as requested, either in person or remotely.

2. Term and Termination

2.1. This Agreement shall commence on {{start_date}} and shall continue for an initial term of {{initial_term_duration}} (the “Initial Term”), unless terminated earlier in accordance with the provisions of this Agreement.

2.2. Upon expiration of the Initial Term, this Agreement may be renewed for successive periods upon mutual written agreement of the Parties.

2.3. Either Party may terminate this Agreement by providing {{notice_period}} written notice to the other Party.

2.4. The Company may terminate this Agreement immediately for cause, including but not limited to, a breach of confidentiality, conflict of interest, or misconduct by the Advisor.

3. Remuneration

3.1. In consideration for the services rendered by the Advisor, the Company shall pay the Advisor a fee of {{fee_amount}} per {{payment_frequency}} (e.g., meeting, month, quarter).

3.2. All reasonable and pre-approved expenses incurred by the Advisor in the performance of their duties under this Agreement, such as travel, accommodation, and subsistence, shall be reimbursed by the Company upon presentation of valid receipts.

3.3. Payment shall be made within {{payment_days}} days of receipt of an invoice from the Advisor.

4. Confidentiality

4.1. The Advisor acknowledges that during the course of performing services, they will have access to confidential and proprietary information belonging to the Company. The Advisor agrees to keep all such information strictly confidential and not to disclose it to any third party or use it for any purpose other than for the benefit of the Company.

4.2. This obligation of confidentiality shall survive the termination of this Agreement.

5. Intellectual Property

5.1. All intellectual property, including but not limited to, ideas, inventions, designs, analyses, and reports, developed, conceived, or reduced to practice by the Advisor in the course of providing services under this Agreement, shall be the sole and exclusive property of the Company.

6. Independent Contractor Status

6.1. The Advisor shall perform their services hereunder as an independent contractor and not as an employee, agent, or partner of the Company. The Advisor shall be solely responsible for all taxes, social security contributions, and other statutory payments arising from the fees received under this Agreement.

6.2. The Advisor shall not have any authority to bind the Company or incur any obligations on its behalf.

7. Limitation of Liability

7.1. The Advisor shall not be liable to the Company for any loss, damage, or expense arising from the advice provided, save for instances of gross negligence, wilful misconduct, or fraud.

8. Governing Law and Dispute Resolution

8.1. This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_jurisdiction}}.

8.2. Any dispute, controversy, or claim arising out of or in connection with this Agreement, or the breach, termination, or invalidity thereof, shall be resolved through good faith negotiations between the Parties. If the dispute cannot be resolved amicably, it shall be referred to mediation in accordance with the rules of {{mediation_body}}. If mediation fails, the dispute shall be submitted to arbitration in accordance with the rules of {{arbitration_body}}.

9. Entire Agreement

9.1. This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior agreements, understandings, and negotiations, whether oral or written.

10. Signatures

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first written above.

FOR THE COMPANY:

___________________________

Name: {{company_signatory_name}}

Title: {{company_signatory_title}}

FOR THE ADVISOR:

___________________________

Name: {{advisor_name}}