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Board Of Advisors Agreement Template
I need a Board of Advisors Agreement Template for my Dubai-based technology startup to engage three international tech industry experts, including provisions for virtual meeting attendance and equity compensation, to be implemented by March 2025.
1. Parties: Identification of the company and the advisor, including full legal names and addresses
2. Background: Context of the agreement, brief description of the company and reason for appointing the advisor
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Formal appointment of the advisor, duration of appointment, and renewal terms
5. Role and Responsibilities: Detailed description of advisor's duties, expected time commitment, and participation requirements
6. Compensation and Expenses: Details of advisory fees, reimbursement policies, and payment terms
7. Confidentiality: Obligations regarding confidential information and trade secrets
8. Intellectual Property: Ownership and assignment of any IP created during the advisory relationship
9. Independence and Non-Competition: Clarity on advisor's independent contractor status and any restrictions on competitive activities
10. Termination: Circumstances and process for ending the advisory relationship
11. Representations and Warranties: Standard declarations about capacity, conflicts, and ability to perform
12. Governing Law and Jurisdiction: Specification of UAE law application and dispute resolution procedures
13. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Equity Compensation: Details of any stock options or equity grants, to be included if advisor receives equity-based compensation
2. Insurance and Indemnification: Coverage of advisor under D&O insurance and indemnification provisions, needed for high-risk advisory roles
3. Committee Participation: Specific provisions for participation in board committees, if applicable
4. Compliance with Company Policies: Reference to specific company policies that apply to advisors, needed for regulated industries
5. Conflicts of Interest: Detailed provisions for handling potential conflicts, important for advisors with multiple board positions
6. Data Protection: Specific obligations regarding personal data handling, required if advisor will access personal data
7. Foreign Compliance: Additional provisions for international advisors, needed when advisor is based outside UAE
1. Schedule 1 - Services Description: Detailed outline of specific advisory services and expectations
2. Schedule 2 - Compensation Terms: Detailed breakdown of fees, payment schedule, and expense policies
3. Schedule 3 - Confidential Information: Specific categories of confidential information covered by the agreement
4. Schedule 4 - Approved Outside Activities: List of pre-approved activities or board positions held by advisor
5. Appendix A - Board Meeting Schedule: Anticipated schedule of board meetings and time commitment expectations
6. Appendix B - Company Policies: Relevant company policies applicable to advisors
Authors
Advisory Services
Agreement
Board
Company
Company Materials
Compensation
Confidential Information
Effective Date
Intellectual Property Rights
Meeting Schedule
Notice
Parent Company
Quarter
Related Party
Services
Strategic Guidance
Term
Territory
UAE
Working Day
Board Committee
Business Plan
Competitor
Conflict of Interest
Deliverables
Governing Law
Group Company
Initial Term
Material Information
Proprietary Information
Regulatory Authority
Renewal Term
Trade Secrets
Term
Services
Duties and Responsibilities
Compensation
Expenses
Meeting Attendance
Confidentiality
Intellectual Property
Non-Competition
Non-Solicitation
Independence
Representations and Warranties
Termination
Notice
Indemnification
Conflict of Interest
Assignment
Amendment
Governing Law
Dispute Resolution
Force Majeure
Severability
Entire Agreement
Waiver
Data Protection
Compliance with Laws
Corporate Governance
Relationship of Parties
Third Party Rights
Technology
Financial Services
Healthcare
Real Estate
Manufacturing
Retail
Education
Energy
Telecommunications
Professional Services
Transportation
Construction
Hospitality
Legal
Corporate Governance
Compliance
Executive Leadership
Board Secretariat
Corporate Affairs
Risk Management
Human Resources
Chief Executive Officer
Company Secretary
General Counsel
Board Advisor
Corporate Governance Officer
Legal Director
Chief Legal Officer
Board Member
Managing Director
Compliance Officer
Chief Financial Officer
Corporate Secretary
Executive Director
Find the exact document you need
Business Consultant Agreement
UAE-governed agreement establishing terms and conditions for professional consulting services, defining scope, obligations, and commercial terms.
Board Of Advisors Agreement
UAE-governed agreement establishing the terms and conditions for board advisory services, including duties, compensation, and compliance with UAE corporate law.
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