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Senior Advisor Agreement
"I need a Senior Advisor Agreement for engaging a former tech CEO to provide strategic guidance on our AI initiatives and international expansion, including quarterly board presentations and monthly strategy sessions, starting March 2025."
1. Parties: Identification of the company and the senior advisor, including their respective addresses and company registration/personal identification details
2. Background: Context of the appointment, brief description of the company's business, and the advisor's relevant expertise
3. Definitions: Key terms used throughout the agreement, including 'Services', 'Confidential Information', 'Intellectual Property Rights', and 'Work Product'
4. Appointment and Term: Scope of appointment, term duration, renewal provisions, and termination notice periods
5. Services: Detailed description of advisory services, expected time commitment, and delivery methods
6. Fees and Expenses: Compensation structure, payment terms, reimbursement policies, and tax considerations
7. Independent Contractor Status: Clear statement of the advisor's status as an independent contractor, not an employee
8. Confidentiality: Obligations regarding confidential information, including duration of obligations and permitted disclosures
9. Intellectual Property: Ownership and assignment of intellectual property created during the advisory relationship
10. Conflicts of Interest: Disclosure requirements and restrictions on competing activities
11. Termination: Grounds for termination, notice requirements, and consequences of termination
12. Post-Termination Obligations: Continuing obligations after agreement ends, including confidentiality and non-solicitation
13. General Provisions: Standard clauses including governing law, notices, entire agreement, and amendments
1. Equity Compensation: Terms of any share options, restricted stock units, or other equity-based compensation
2. Performance Metrics: Specific KPIs or performance criteria if compensation is partially performance-based
3. International Travel: Terms regarding international travel requirements, visa support, and related expenses
4. Board Observer Rights: Terms for attendance at board meetings if advisor is granted observer status
5. Insurance: Professional liability insurance requirements and coverage specifications
6. Force Majeure: Provisions for circumstances beyond parties' control affecting service delivery
7. Data Protection: Specific obligations regarding personal data handling if advisor will access sensitive information
8. Succession Planning: Terms regarding knowledge transfer and succession planning if relevant to the advisory role
1. Schedule 1 - Scope of Services: Detailed breakdown of advisory services, deliverables, and specific areas of focus
2. Schedule 2 - Fee Structure: Detailed compensation terms, including base fees, performance bonuses, and expense categories
3. Schedule 3 - Key Contacts: List of key company personnel the advisor will work with and reporting relationships
4. Schedule 4 - Approved Outside Activities: List of pre-approved activities, board positions, or consulting arrangements
5. Appendix A - Confidentiality Agreement: Detailed confidentiality terms and procedures
6. Appendix B - IP Assignment: Detailed intellectual property assignment provisions and procedures
7. Appendix C - Company Policies: Relevant company policies applicable to the advisor's role
Authors
Advisor
Appointment
Associated Company
Board
Business Day
Company
Company Group
Commencement Date
Confidential Information
Deliverables
Effective Date
Fee
Force Majeure Event
Group
Intellectual Property Rights
Laws
Material Breach
Notice
Party/Parties
Personal Data
Pre-Existing Materials
Prohibited Person
Quarter
Related Person
Representatives
Restricted Business
Services
Subsidiary
Term
Territory
Third Party
Work Product
Year
Appointment
Term and Termination
Services
Duties and Obligations
Independent Contractor Status
Fees and Expenses
Payment Terms
Performance Standards
Confidentiality
Intellectual Property
Data Protection
Non-Competition
Non-Solicitation
Conflicts of Interest
Representations and Warranties
Indemnification
Insurance
Force Majeure
Assignment and Subcontracting
Amendments
Notices
Severability
Waiver
Entire Agreement
Third Party Rights
Counterparts
Governing Law
Dispute Resolution
Financial Services
Technology
Healthcare
Manufacturing
Real Estate
Professional Services
Retail
Telecommunications
Energy
Education
Media and Entertainment
Biotechnology
Transportation and Logistics
Construction
Consumer Goods
Legal
Human Resources
Executive Office
Corporate Strategy
Finance
Corporate Governance
Business Development
Operations
Compliance
Administrative
Chief Executive Officer
Board Director
General Counsel
Chief Financial Officer
Head of Strategy
Senior Advisor
Executive Director
Non-Executive Director
Chief Operating Officer
Head of Human Resources
Company Secretary
Strategic Consultant
Industry Expert
Technical Specialist
Former Executive
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