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Senior Advisor Agreement Template for Malaysia

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Key Requirements PROMPT example:

Senior Advisor Agreement

"I need a Senior Advisor Agreement for engaging a former tech CEO to advise our Malaysian fintech startup, starting March 2025, with specific provisions for equity compensation and board observer rights."

Document background
The Senior Advisor Agreement is essential for companies seeking to formally engage experienced professionals in advisory capacities under Malaysian law. This document is typically used when a company requires high-level strategic guidance, industry expertise, or specialized knowledge without creating a full-time employment relationship. The agreement comprehensively addresses the nature of services, compensation, confidentiality, intellectual property rights, and compliance with Malaysian regulatory requirements. It's particularly relevant for situations where companies need flexible access to senior-level expertise while maintaining clear boundaries between advisory and executive roles. The document ensures proper governance of the advisory relationship while protecting both parties' interests under Malaysian contract law.
Suggested Sections

1. Parties: Identification of the company and the advisor, including their full legal names and addresses

2. Background: Context of the appointment and brief description of why the advisor is being engaged

3. Definitions: Key terms used throughout the agreement

4. Appointment and Term: Formal appointment of the advisor, term of engagement, and renewal provisions

5. Scope of Services: Detailed description of advisory services to be provided

6. Advisor's Obligations: Key responsibilities, commitment levels, and standard of service

7. Company's Obligations: Company's commitments to support the advisor's role

8. Fees and Expenses: Compensation structure, payment terms, and reimbursable expenses

9. Confidentiality: Protection of confidential information and trade secrets

10. Intellectual Property: Ownership and rights to any IP created during the engagement

11. Non-Competition and Non-Solicitation: Restrictions on competitive activities and solicitation of employees/clients

12. Termination: Circumstances and procedures for ending the agreement

13. Post-Termination Obligations: Continuing obligations after the agreement ends

14. General Provisions: Standard legal provisions including notices, amendments, governing law

Optional Sections

1. Equity Compensation: Terms of any share options or equity-based compensation, used when advisor receives equity as part of compensation

2. Regulatory Compliance: Industry-specific compliance requirements, used in regulated industries

3. Board Observer Rights: Rights to attend board meetings, used when advisor has board observation privileges

4. Performance Metrics: Specific KPIs or performance standards, used when engagement is performance-based

5. Insurance: Professional indemnity insurance requirements, used in high-risk advisory roles

6. Conflict Resolution: Detailed dispute resolution procedures, used in complex engagements

7. Force Majeure: Provisions for unforeseen circumstances, used when continuity of service is critical

Suggested Schedules

1. Schedule 1 - Scope of Services: Detailed breakdown of specific advisory services and deliverables

2. Schedule 2 - Fee Structure: Detailed compensation terms, including any variable components

3. Schedule 3 - Performance Metrics: Specific KPIs or success metrics if applicable

4. Schedule 4 - Approved External Commitments: List of pre-approved external roles or commitments of the advisor

5. Appendix A - Confidential Information: Specific types of confidential information covered

6. Appendix B - Company Policies: Relevant company policies applicable to the advisor

Authors

Alex Denne

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

Relevant legal definitions























Clauses






























Relevant Industries

Technology

Financial Services

Healthcare

Manufacturing

Education

Energy

Telecommunications

Real Estate

Professional Services

Consumer Goods

Infrastructure

Mining and Resources

Relevant Teams

Legal

Corporate Secretariat

Human Resources

Finance

Strategy

Executive Office

Corporate Development

Compliance

Risk Management

Board Affairs

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Board Director

General Counsel

Company Secretary

Head of Strategy

Chief Operating Officer

Senior Advisor

Executive Chairman

Managing Director

Vice President

Head of Corporate Development

Industries







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

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