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 {{day}} day of {{month}}, {{year}} (the “Effective Date”), by and between:

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

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

Collectively, the Company and the Advisor shall be referred to as the “Parties” and individually as a “Party.”

1. PURPOSE OF AGREEMENT

This Agreement sets forth the terms and conditions under which the Advisor will provide advisory services to the Company's Board of Directors.

2. ADVISORY SERVICES

2.1. The Company hereby engages the Advisor, and the Advisor hereby accepts such engagement, to provide strategic advice and guidance to the Company’s Board of Directors on matters relating to {{areas_of_advice_e.g._market_strategy,_product_development,_finance}} (the “Services”).

2.2. The Advisor shall attend Board meetings as reasonably requested by the Company, typically {{number_of_meetings}} per {{period_e.g._quarter,_year}}, and shall be available for consultation by phone or email at mutually agreed times.

2.3. The Advisor shall use their best endeavours to provide the Services in a professional manner and in the best interests of the Company.

3. TERM AND TERMINATION

3.1. This Agreement shall commence on the Effective Date and shall continue for an initial term of {{initial_term_duration_e.g._one_year_two_years}}, unless terminated earlier in accordance with the provisions of this Agreement.

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

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

3.4. Upon termination, the Advisor shall return all Company property and confidential information.

4. COMPENSATION

4.1. In consideration for the Services provided hereunder, the Company shall compensate the Advisor as follows:

a) A fixed fee of {{fixed_fee_amount}} per {{period_e.g._month_quarter_annum}}, payable on {{payment_date_e.g._the_first_day_of_each_month}}.

b) Reimbursement for pre-approved, reasonable out-of-pocket expenses incurred in providing the Services, upon submission of valid receipts.

c) Equity compensation in the form of {{number_of_shares}} shares or {{percentage_equity}}% equity in the Company, subject to vesting schedule: {{vesting_schedule_details}}.

4.2. All payments shall be made in {{currency}}.

5. CONFIDENTIALITY

5.1. The Advisor acknowledges that during the course of providing Services, they may have access to confidential and proprietary information belonging to the Company. The Advisor agrees to maintain the strictest confidentiality of all such information, both during and after the term of this Agreement.

5.2. Confidential information includes, but is not limited to, business plans, financial data, customer lists, intellectual property, and trade secrets.

6. INDEMNIFICATION

6.1. The Company shall indemnify and hold harmless the Advisor from and against any and all claims, liabilities, and expenses (including reasonable attorneys' fees) arising from the performance of the Services, except to the extent such claims, liabilities, or expenses arise from the Advisor’s gross negligence or willful misconduct.

6.2. The Advisor shall indemnify and hold harmless the Company from and against any and all claims, liabilities, and expenses (including reasonable attorneys' fees) arising from the Advisor’s gross negligence or willful misconduct in the performance of the Services.

7. INDEPENDENT CONTRACTOR

7.1. The Advisor shall at all times be an independent contractor and not an employee, partner, or agent of the Company. Nothing in this Agreement shall be construed to create an employer-employee relationship.

7.2. The Advisor shall be solely responsible for all taxes, social security contributions, and other statutory payments related to the compensation received under this Agreement.

8. GOVERNING LAW AND DISPUTE RESOLUTION

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

8.2. Any dispute, controversy, or claim arising out of or relating to this Agreement, or the breach, termination, or invalidity thereof, shall be settled by arbitration in accordance with the rules of the {{arbitration_body_e.g._AFSA}} by a single arbitrator appointed in accordance with the said rules. The seat of the arbitration shall be {{city_country}}.

9. 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.

10. SIGNATURES

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

FOR THE COMPANY:

___________________________

Name: {{company_representative_name}}

Title: {{company_representative_title}}

Date: {{date}}

FOR THE ADVISOR:

___________________________

Name: {{advisor_name}}

Date: {{date}}