Advisory Board Agreement

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Advisory Board Agreement

This Advisory Board Agreement ("Agreement") is made and entered into as of {{date_of_agreement}} ("Effective Date") by and between:

{{company_name}}, a company duly incorporated under the laws of {{country_of_incorporation}}, with its registered office at {{company_address}} (hereinafter referred to as "Company"); and

{{advisor_name}}, residing at {{advisor_address}} (hereinafter referred to as "Advisor").

The Company and the Advisor are hereinafter collectively referred to as the “Parties” and individually as a “Party.”

Recitals

WHEREAS, the Company desires to retain the services of the Advisor for the purpose of providing strategic advice and guidance, and the Advisor desires to provide such services to the Company, all upon the terms and conditions hereinafter set forth.

WHEREAS, the Advisor possesses unique skills, knowledge, and experience relevant to the Company's industry and objectives.

Appointment and Term

The Company hereby appoints the Advisor to its Advisory Board, and the Advisor hereby accepts such appointment. The term of this Agreement shall commence on the Effective Date and continue for a period of {{term_duration}} (e.g., twelve months), unless terminated earlier in accordance with the provisions of this Agreement.

This Agreement may be renewed upon mutual written consent of both Parties.

Scope of Services

The Advisor shall provide non-binding strategic advice, insights, and recommendations to the Company's management and/or Board of Directors on matters relating to {{areas_of_advice_e_g_market_strategy_product_development_fundraising}}. The Advisor's services shall be provided through {{meeting_frequency_e_g_quarterly_meetings_ad_hoc_consultations}} and other reasonable means of communication.

The Advisor's role is advisory only and does not include any executive or operational responsibilities or decision-making authority.

Compensation

In consideration for the services provided by the Advisor, the Company shall compensate the Advisor as follows:

a. Equity Grant: The Advisor shall be granted {{equity_percentage}}% of the fully diluted share capital of the Company, subject to a {{vesting_schedule_e_g_four_year_vesting_with_a_one_year_cliff}} vesting schedule. The equity grant shall be formalized through a separate share option agreement or other appropriate equity grant instrument.

b. Expense Reimbursement: The Company shall reimburse the Advisor for reasonable and pre-approved out-of-pocket expenses incurred in connection with the performance of their duties under this Agreement, upon submission of valid receipts and in accordance with the Company's expense policy. The maximum reimbursable amount per annum shall not exceed {{maximum_reimbursable_amount}} {{currency}} unless otherwise agreed in writing.

Confidentiality

The Advisor acknowledges that during the course of providing services, they may be exposed to confidential and proprietary information of 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, both during and after the term of this Agreement.

Confidential information includes, but is not limited to, trade secrets, business plans, financial data, customer lists, product designs, and technology.

Intellectual Property

Any intellectual property (including, but not limited to, inventions, discoveries, designs, formulas, works of authorship, and improvements) developed, conceived, or reduced to practice by the Advisor in the course of providing services under this Agreement that relates to the Company's business shall be the sole and exclusive property of the Company.

Termination

This Agreement may be terminated:

a. By either Party upon {{notice_period_days}} days' written notice to the other Party.

b. Immediately by the Company for cause, including but not limited to, breach of confidentiality, gross misconduct, or material breach of any provision of this Agreement by the Advisor.

c. Upon mutual written agreement of both Parties.

Upon termination, the Advisor shall return all Company property and confidential information in their possession.

Governing Law and Dispute Resolution

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

Any dispute, controversy, or claim arising out of or in connection with this Agreement, or the breach, termination, or invalidity thereof, shall be settled by {{dispute_resolution_method_e_g_arbitration_in_city_country_or_courts_of_city_country}}.

Entire Agreement

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

Signatures

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.

For and on behalf of {{company_name}}:

_____________________________

Name: {{company_signatory_name}}

Title: {{company_signatory_title}}

Advisor:

_____________________________

Name: {{advisor_name}}