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Senior Advisor Agreement
"I need a Senior Advisor Agreement for hiring a cybersecurity expert as an independent contractor who will advise our tech startup's board for 12 months starting January 2025, with monthly compensation and standard confidentiality provisions."
1. Parties: Identification of the company and advisor, including full legal names and addresses
2. Background: Context of the appointment and advisor's expertise
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of advisory services to be provided
5. Term and Termination: Duration of agreement and termination provisions
6. Compensation: Payment terms, including fees and expenses
7. Confidentiality: Protection of sensitive information
8. Independent Contractor Status: Clarification of advisor's status as independent contractor, not employee
9. Intellectual Property Rights: Ownership and protection of IP created during the advisory relationship
10. Representations and Warranties: Standard assurances from both parties
1. Stock Options: Terms of equity compensation and vesting schedule
2. Non-Compete: Restrictions on competitive activities during and after the agreement term
3. Insurance: Required professional liability insurance coverage
4. Compliance with Securities Laws: Additional obligations if advisor role involves securities-related matters
5. Data Protection: Specific provisions for handling personal and sensitive data
1. Schedule A - Services Description: Detailed outline of specific services to be provided
2. Schedule B - Compensation Details: Breakdown of fees, payment schedule, and expense policies
3. Schedule C - Approved Outside Activities: List of pre-approved activities outside the scope of the agreement
4. Schedule D - Confidential Information: Specific categories of confidential information to be protected
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