Document background
The Customer Advisory Board Agreement is a critical document used when companies seek to formally establish and maintain a professional advisory relationship with key customers or industry experts. This agreement, governed by Canadian law, provides a comprehensive framework for managing advisory board relationships, including meeting commitments, confidentiality obligations, compensation terms, and intellectual property provisions. It's particularly important for companies looking to gather structured feedback on their products, services, and strategic direction while protecting their business interests and maintaining compliance with Canadian federal and provincial regulations. The document typically addresses privacy considerations under PIPEDA, corporate governance requirements, and where applicable, securities law compliance for handling material non-public information.
