Federal Securities Laws: Includes Securities Act of 1933, Securities Exchange Act of 1934, Regulation FD (Fair Disclosure), and insider trading regulations that govern disclosure and trading requirements
Corporate Law: State-specific corporate laws, fiduciary duty requirements, business judgment rule, and corporate governance regulations that define board member responsibilities
Intellectual Property Laws: Copyright Act, Patent Act, Trade Secrets Protection Acts, and Defend Trade Secrets Act that protect company innovations and proprietary information
Employment and Labor Laws: Fair Labor Standards Act, independent contractor vs. employee classification considerations, and state-specific employment laws governing the relationship
Confidentiality and Privacy Laws: Trade secret protections, data privacy regulations, and state-specific privacy laws that govern information handling and confidentiality obligations
Tax Laws: IRS regulations regarding compensation, state tax implications, and treatment of equity compensation for advisory board members
Compensation Regulations: SEC rules on equity compensation, state securities regulations, and stock option and restricted stock rules affecting advisory board compensation
Liability and Indemnification: State-specific indemnification laws, D&O insurance requirements, and limited liability provisions protecting board members
Conflict of Interest Rules: State-specific conflict of interest laws, corporate governance best practices, and disclosure requirements for potential conflicts
Termination Provisions: Contract law principles, state-specific termination requirements, and notice provisions governing the end of advisory board relationships
