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Advisor Agreement

This document outlines the terms and conditions between a company and an external advisor, detailing the scope of advisory services, compensation, confidentiality, and intellectual property. It is used when engaging an individual or entity to provide expert advice or consultancy to the business.

Updated 15d ago
advisor agreementconsultancy agreementprofessional servicescontractstaff managementsouthern Africa

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

ADVISOR AGREEMENT

This Advisor Agreement ("Agreement") is made and entered into as of {{effective_date}} ("Effective Date"), by and between:

{{company_name}}, a company duly incorporated under the laws of {{country}}, 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 duly incorporated under the laws of {{country}}, 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 ("Services") as generally described in Exhibit A attached hereto and incorporated herein by reference.

1.2. The Advisor shall perform the Services diligently, professionally, and in accordance with the highest industry standards. The Advisor shall devote such time as is reasonably necessary to perform the Services, but acknowledges that this is not an exclusive engagement and the Advisor may provide services to other clients, provided such services do not conflict with the interests of the Company.

2. TERM AND TERMINATION

2.1. This Agreement shall commence on the Effective Date and shall continue until terminated by either Party in accordance with the provisions of this Section.

2.2. Either Party may terminate this Agreement for convenience upon {{notice_period}} days' written notice to the other Party.

2.3. Either Party may terminate this Agreement immediately upon written notice if the other Party materially breaches any of its obligations under this Agreement and fails to cure such breach within {{cure_period}} days after receiving written notice thereof.

3. COMPENSATION

3.1. In consideration for the Services rendered by the Advisor, the Company shall pay the Advisor a fee of {{fee_amount}} {{currency}} per {{payment_frequency}} (e.g., hour, day, month) or as otherwise agreed upon in Exhibit B.

3.2. The Advisor shall submit invoices to the Company for Services rendered, which invoices shall be paid by the Company within {{payment_terms}} days of receipt.

4. CONFIDENTIALITY

4.1. The Advisor acknowledges that during the term of this Agreement, the Advisor may 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 performing the Services.

4.2. This obligation of confidentiality shall survive the termination of this Agreement for a period of {{confidentiality_period}} years.

5. INTELLECTUAL PROPERTY

5.1. All intellectual property, including but not limited to, discoveries, inventions, concepts, designs, and content, whether patentable or not, that are conceived or developed by the Advisor in the course of performing the Services shall be the sole and exclusive property of the Company.

5.2. The Advisor agrees to execute all documents and do all things necessary to perfect the Company's ownership of such intellectual property.

6. INDEPENDENT CONTRACTOR STATUS

6.1. The Advisor shall perform the Services as an independent contractor and not as an employee, agent, joint venture, or partner of the Company. The Advisor shall be solely responsible for all taxes, national insurance contributions, and other statutory payments arising from the fees paid under this Agreement.

6.2. The Company shall not be responsible for withholding any taxes or other amounts from payments made to the Advisor.

7. GOVERNING LAW AND DISPUTE RESOLUTION

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

7.2. Any dispute arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of {{country}}.

8. ENTIRE AGREEMENT

This Agreement, including any attached exhibits, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether written or oral.

SIGNATURES

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

FOR THE COMPANY:

_________________________

Name: {{company_signatory_name}}

Title: {{company_signatory_title}}

Date: {{company_signature_date}}

FOR THE ADVISOR:

_________________________

Name: {{advisor_signatory_name}}

Title: {{advisor_signatory_title}} (if applicable)

Date: {{advisor_signature_date}}

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