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1. Parties: Identifies the company and the advisor, including full legal names and addresses
2. Background: Outlines the context of the agreement, the advisor's expertise, and the company's desire to engage the advisor
3. Definitions: Defines key terms used throughout the agreement
4. Appointment and Services: Establishes the advisor's role, scope of services, and commitment level
5. Term and Termination: Specifies the duration of the agreement and conditions for termination
6. Compensation: Details the advisor's compensation structure, including any equity arrangements
7. Time Commitment: Specifies the expected time commitment and availability of the advisor
8. Confidentiality: Defines confidential information and obligations regarding its protection
9. Intellectual Property: Addresses ownership and assignment of any IP created during the advisory relationship
10. Independent Contractor Status: Clarifies that the advisor is an independent contractor, not an employee
11. Representations and Warranties: Contains standard representations from both parties
12. Limitation of Liability: Sets out the extent and limitations of the advisor's liability
13. General Provisions: Includes standard boilerplate clauses such as notices, amendments, and governing law
1. Non-Competition: Restricts advisor from working with competitors - used when advisor has access to highly sensitive information
2. Equity Compensation Terms: Detailed terms for stock options or other equity compensation - used when equity is part of compensation
3. Board Observer Rights: Grants advisor right to attend board meetings - used for more involved advisory roles
4. Expenses: Details on reimbursement of expenses - used when advisor may incur expenses
5. Insurance: Requirements for professional liability insurance - used for high-risk advisory roles
6. Data Protection: Specific GDPR compliance provisions - used when advisor will handle personal data
7. Conflict Resolution: Detailed dispute resolution procedures - used for high-value or complex arrangements
1. Schedule A - Services Description: Detailed description of advisory services and specific responsibilities
2. Schedule B - Compensation Terms: Detailed breakdown of compensation structure, including any equity components
3. Schedule C - Equity Documents: Stock option agreement or other equity-related documentation
4. Schedule D - Confidential Information: Specific details about what constitutes confidential information
5. Schedule E - Existing IP: List of advisor's pre-existing IP that is excluded from assignment
6. Appendix 1 - Meeting Schedule: Expected frequency and format of advisory meetings
7. Appendix 2 - Approved Outside Activities: List of advisor's other commitments that have been pre-approved
Technology
Financial Services
Healthcare
E-commerce
Software Development
Biotechnology
Clean Technology
Digital Media
Consumer Products
Professional Services
Manufacturing
Education Technology
Artificial Intelligence
Blockchain
Internet of Things
Legal
Executive Leadership
Board of Directors
Corporate Development
Human Resources
Finance
Operations
Strategy
Business Development
Founder
CEO
Company Director
Industry Expert
Technical Advisor
Strategic Advisor
Business Development Advisor
Financial Advisor
Marketing Advisor
Technology Advisor
Product Advisor
Investment Advisor
Growth Advisor
Operations Advisor
Legal Counsel
Company Secretary
Board Member
Executive Chairman
Chief Technology Officer
Chief Financial Officer
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