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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."
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
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
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
Technology
Financial Services
Healthcare
Manufacturing
Education
Energy
Telecommunications
Real Estate
Professional Services
Consumer Goods
Infrastructure
Mining and Resources
Legal
Corporate Secretariat
Human Resources
Finance
Strategy
Executive Office
Corporate Development
Compliance
Risk Management
Board Affairs
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
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