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Advisor Agreement

This Advisor Agreement template is suitable for Southern African businesses engaging an external advisor for consulting services, outlining the terms and conditions of their engagement. It should be used when formalizing a relationship with an independent advisor to ensure clarity on roles, responsibilities, compensation, and confidentiality.

Updated 15d ago
Advisor AgreementConsultancy AgreementService AgreementSouthern AfricaProfessional ServicesContractBusiness

{{company_name}}

{{company_address}}

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

Advisor Agreement

Advisor Agreement

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

ADVISOR AGREEMENT

This Advisor Agreement (“Agreement”) is made and entered into as of {{date_of_agreement_signing}} (the “Effective Date”) by and between:

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

{{advisor_name}}, an individual residing at {{advisor_address}} / a company registered under the laws of {{country_of_registration}}, with its principal place of business at {{advisor_address}} (hereinafter referred to as “the Advisor”).

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

1. ENGAGEMENT AND SERVICES

1.1. The Company hereby engages the Advisor, and the Advisor hereby accepts such engagement, to provide advisory services (the “Services”) as more fully described in Schedule A attached hereto.

1.2. The Advisor shall perform the Services diligently, professionally, and in accordance with the highest industry standards and all applicable laws and regulations.

1.3. The Advisor shall report to {{contact_person_at_company}} or such other person as the Company may designate from time to time.

2. TERM AND TERMINATION

2.1. This Agreement shall commence on the Effective Date and shall continue until {{end_date_of_agreement}} or until terminated earlier in accordance with the provisions of this Agreement (the “Term”).

2.2. Either Party may terminate this Agreement by providing {{notice_period_days}} days’ written notice to the other Party.

2.3. Either Party may terminate this Agreement immediately upon written notice if the other Party commits a material breach of this Agreement and fails to remedy such breach within {{cure_period_days}} days of receiving written notice thereof.

3. COMPENSATION

3.1. In consideration for the Services rendered, the Company shall pay the Advisor a fee of {{currency}} {{fee_amount}} per {{fee_basis_e.g._hour,_day,_month,_project}}.

3.2. All invoices submitted by the Advisor shall be paid by the Company within {{payment_terms_days}} days of receipt.

3.3. The Advisor shall be responsible for all applicable taxes on the fees received hereunder.

4. INDEPENDENT CONTRACTOR STATUS

4.1. The Advisor is an independent contractor and not an employee, partner, or agent of the Company. The Advisor shall not be entitled to participate in any employee benefit plans of the Company.

4.2. The Advisor shall have sole responsibility for payment of all taxes, national insurance, and other contributions arising from the compensation paid by the Company under this Agreement.

5. CONFIDENTIALITY

5.1. The Advisor acknowledges that during the course of performing the Services, the Advisor may have access to confidential and proprietary information belonging to the Company. The Advisor agrees not to disclose such confidential information to any third party and to use it solely for the purpose of performing the Services.

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

6. INTELLECTUAL PROPERTY

6.1. All intellectual property rights, including but not limited to copyrights, patents, and trademarks, arising from the Services performed by the Advisor under this Agreement, shall be the sole and exclusive property of the Company.

7. GOVERNING LAW AND DISPUTE RESOLUTION

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

7.2. Any dispute, controversy, or claim arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration in accordance with the rules of {{arbitration_body_e.g._AFSA}} for the time being in force, which rules are deemed to be incorporated by reference into this clause. The seat of the arbitration shall be {{arbitration_city}}.

8. ENTIRE AGREEMENT

8.1. 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 written or oral.

9. SIGNATURES

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

FOR THE COMPANY:

_________________________ Date: _________________________

Name: {{company_authorized_signatory_name}}

Title: {{company_authorized_signatory_title}}

FOR THE ADVISOR:

_________________________ Date: _________________________

Name: {{advisor_signatory_name}}

Title: {{advisor_signatory_title}} / Capacity: {{advisor_capacity_e.g._Individual,_Director}}

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