The Advisory Board Agreement is essential for companies seeking to formalize relationships with external experts who provide strategic guidance and industry insights. This document, governed by Hong Kong law, is particularly crucial in scenarios where companies need specialized expertise without creating an employment relationship. It addresses key aspects such as meeting attendance, confidentiality, intellectual property rights, and compensation while ensuring compliance with Hong Kong regulatory requirements. The agreement is structured to protect both parties' interests while maintaining flexibility in the advisory relationship. It's commonly used by growing companies, established corporations seeking innovation, and organizations entering new markets or facing strategic challenges.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identifies the company and the advisory board member, including their full legal names and addresses
2. Background: Explains the context of the agreement, the company's desire to establish an advisory board, and the advisor's expertise
3. Definitions: Defines key terms used throughout the agreement
4. Appointment and Term: Specifies the appointment of the advisor, term length, and renewal/termination provisions
5. Role and Responsibilities: Details the advisor's duties, expected time commitment, and participation requirements
6. Meeting Requirements: Specifies frequency of meetings, attendance requirements, and meeting procedures
7. Compensation: Outlines the fees, expenses, and any other forms of compensation
8. Independent Contractor Status: Clearly establishes that the advisor is an independent contractor, not an employee
9. Confidentiality: Defines confidential information and requirements for maintaining confidentiality
10. Intellectual Property: Addresses ownership and rights to any IP created during the advisory relationship
11. Conflicts of Interest: Sets forth requirements for disclosure and handling of potential conflicts
12. Termination: Details circumstances and procedures for ending the agreement
13. General Provisions: Standard boilerplate clauses including governing law, notices, amendments, etc.
1. Equity Compensation: Include when advisor receives stock options or other equity-based compensation
2. Non-Competition: Include when restricting advisor's involvement with competing businesses
3. Insurance and Indemnification: Include when providing D&O insurance or indemnification protection
4. Committee Assignments: Include when advisor will serve on specific committees
5. Performance Metrics: Include when compensation or continued engagement is tied to specific performance criteria
6. International Travel: Include when role requires significant international travel
7. Regulatory Compliance: Include for regulated industries with specific compliance requirements
1. Schedule A - Compensation Details: Detailed breakdown of all forms of compensation, payment schedules, and expense reimbursement policies
2. Schedule B - Meeting Schedule: Annual calendar of scheduled meetings and time commitment expectations
3. Schedule C - Confidential Information: Specific categories and examples of confidential information covered by the agreement
4. Schedule D - Conflicts Disclosure: Initial disclosure of any existing conflicts of interest
5. Appendix 1 - Code of Conduct: Company's code of conduct and ethical guidelines applicable to advisory board members
6. Appendix 2 - Board Policies: Relevant company policies affecting advisory board members
Find the exact document you need
Agreement Between Consultant And Company
A Hong Kong law-governed agreement establishing the terms and conditions between a consultant and client company for professional services.
Download
Start Up Business Partnership Agreement
A Hong Kong-governed agreement establishing the terms and conditions for a startup business partnership, including ownership, management, and operational provisions.
Download
Finance SLA
A Hong Kong law-governed agreement defining performance standards and obligations for financial services delivery, compliant with HKMA and SFC requirements.
Download
Consulting Fee Contract
A Hong Kong law-governed agreement establishing terms, conditions, and fee structures for consulting services between consultants and clients.
Download
Constructive Trust Agreement
A Hong Kong law-governed agreement documenting a constructive trust relationship and establishing the rights and obligations of trustees and beneficiaries.
Download
Study Permit Application Form
A mandatory Immigration Department form for international students seeking permission to study in Hong Kong educational institutions under Hong Kong law.
Download
Advisory Board Agreement
Hong Kong-governed agreement establishing terms for advisory board membership, including roles, responsibilities, and compensation.
Download
Startup Advisor Agreement
A Hong Kong law-governed agreement defining the terms and conditions between a startup company and its advisor, including services, compensation, and obligations.
Download
Investment Advisor Contract
A Hong Kong law-governed agreement establishing terms for investment advisory services, compliant with SFC regulations.
Download
Advisory Shares Agreement
A Hong Kong law-governed agreement establishing advisory services terms in exchange for company shares, including vesting schedules and advisory responsibilities.
Download
Financial Consultant Contract
A Hong Kong law-governed contract establishing terms and conditions for financial consulting services, including regulatory compliance and professional obligations.
Download
Advisor Contract
A Hong Kong law-governed agreement establishing terms and conditions for professional advisory services between a company and an advisor.
Download
Business Acquisition Contract
A Hong Kong law-governed agreement documenting the terms and conditions for the acquisition of a business, including purchase terms, warranties, and transfer conditions.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)