All Countries
Investment
Board Of Advisor Agreement

Board Of Advisor Agreement Template for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Board Of Advisor Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Board Of Advisor Agreement

"I need a Board of Advisor Agreement for our Singapore-based fintech startup, where we want to bring on a cybersecurity expert as an advisor who will be compensated with both cash and equity, with a focus on protecting our intellectual property and maintaining strict confidentiality around our proprietary trading algorithms."

Celebrated by
Collaborations with
Investors
Document background
The Board of Advisor Agreement is a crucial document used when companies in Singapore seek to formally engage experienced professionals in advisory capacities. This agreement defines the relationship between the company and the advisor, covering essential aspects such as strategic guidance, compensation, confidentiality, and compliance with Singapore's corporate governance framework. It's particularly relevant for companies looking to strengthen their advisory capabilities while maintaining clear boundaries between board directors and advisors.
Suggested Sections

1. Parties: Identifies the company and the advisor with full legal names and details

2. Background: Explains the context and purpose of the advisory relationship

3. Definitions: Defines key terms used throughout the agreement

4. Appointment and Term: Specifies the role and duration of the advisory position

5. Duties and Responsibilities: Details the advisor's obligations and scope of work

6. Compensation: Outlines fees, equity, or other forms of remuneration

7. Confidentiality: Defines confidential information and protection obligations

8. Termination: Specifies conditions for ending the agreement

Optional Sections

1. Equity Compensation: Details of any share options or equity grants (include when advisor receives equity compensation)

2. Intellectual Property: IP rights and assignment provisions (include when advisor may create or access IP)

3. Insurance: Coverage requirements and provisions (include when advisor needs specific insurance)

4. Non-Compete: Restrictions on competing activities (include when protecting against competition is crucial)

Suggested Schedules

1. Schedule 1: Services: Detailed scope of advisory services

2. Schedule 2: Compensation: Detailed compensation structure and payment terms

3. Schedule 3: Confidential Information: Specific items considered confidential

4. Appendix A: Board Meeting Schedule: Expected meeting dates and commitments

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Clauses
Appointment and Term
Advisory Services
Duties and Responsibilities
Time Commitment
Compensation
Expenses
Independent Contractor Status
Confidentiality
Intellectual Property
Non-Competition
Non-Solicitation
Conflicts of Interest
Representations and Warranties
Termination
Indemnification
Insurance
Assignment
Notices
Amendment and Waiver
Severability
Entire Agreement
Governing Law
Dispute Resolution
Force Majeure
Counterparts
Data Protection
Compliance with Laws
Stock Options
Board Observer Rights
Meeting Attendance
Industries

Companies Act (Chapter 50): Primary legislation governing corporate matters including directors' duties, corporate governance requirements, and disclosure obligations

Securities and Futures Act (Chapter 289): Regulates securities trading, insider trading provisions, and disclosure requirements, particularly relevant if the company is listed or deals with securities

Personal Data Protection Act 2012 (PDPA): Governs the handling of personal data, confidentiality requirements, and data protection obligations

Employment Act (Chapter 91): Important for establishing clear distinction between employment and advisory roles, though advisors are typically not employees

Competition Act (Chapter 50B): Covers non-compete provisions and market competition considerations in the advisory agreement

Income Tax Act (Chapter 134): Addresses tax implications for advisor compensation and related reporting requirements

Singapore Code of Corporate Governance: Provides best practices for board matters and advisory role guidelines in Singapore context

Key Agreement Components: Essential elements including role and responsibilities, term and termination, compensation, confidentiality, IP rights, conflict of interest, liability and indemnification, non-compete/non-solicitation, and dispute resolution

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Board Of Advisor Agreement

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.