Advisory Board Member Agreement
State:
Multi-State
Control #:
US-SB-BTF-C-01-01
Format:
Word;
Rich Text
Instant download
Description
This is a sample Advisory Board Member Agreement. An advisory board agreement is a legal document that covers a business' relationship with their advisory board. The agreement outlines what type of advice an advisor can offer, how much compensation they will receive, and when their relationship with the company will come to an end.
An advisory board provides guidance on key decisions for a company including new product development or marketing campaigns. They also provide feedback on products in development and help develop training materials for employees who are new at their jobs.
Advisory boards can be expensive because members are often experts in their field and have busy schedules so it's important to set clear expectations early on about what you want from them, which is why having a solid advisory board agreement is important.
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