Advisory Board Member Agreement

Advisory Board Member Agreement

eSign with Lawpath
4.6 (29)
Under 10 minutes
Under 10 minutes
Last updated December 2018
Last updated February 2, 2021
Suitable for all Australian states and territories
Suitable for all Australian states and territories

An Advisory Board Member Agreement allows you to engage an advisor for your business. It gives you the option to offer either financial compensation or equity in exchange for advice. Customisable and ready to use in minutes.

Get started

Document Overview

You can use your Advisory Board Member Agreement to engage an advisor for your business. A board of advisors can help in hearing out ideas or playing devil's advocate for key decisions. This way you can ensure that any decisions you make in the course of your business are well advised. The assistance of an advisor can help you make better, more effective, lower risk decisions for your business.

Use this Advisory Board Member Agreement if:
  • You would like to appoint an advisor to your advisory board.
What does the Advisory Board Member Agreement cover?
  • Services to be provided;
  • Term and commencement date;
  • Minimum hours of service;
  • Advisor fee, advisor equity and vesting arrangements;
  • Independence of advisor, expenses, GST and responsibilities of advisor; and
  • Termination, IP, confidentiality and assignment.
Other names for Advisory Board Member Agreement include:
  • Advisor's Agreement; and
  • Advisor Contract.

Document Reviews

No reviews available.

How it works

Follow the steps below and you’ll have your ready-to-use document in no time.

Step 1

Set up a free Lawpath account

Step 2

Search and find the document you need from our list

Step 3

Follow the prompts and fill in all the relevant details

Step 4

Download your document in ready-to-use PDF or Docx* format. Access from any device, at anytime.

A giant library of template documents combined with a legal marketplace make this a must have for any small business owner.
Jake Benjafield

Create and access documents anytime, anywhere by signing up to our monthly or annual subscription plan

Sign up now

Recent Articles

Recent Articles

5 Tips for Marketing Your Business Effectively Online

Effectively marketing your business online is crucial to growth and branding. Get it right by following these 5 simple tips.

What is Unconscionable Conduct? (2021 Update)

Unconscionable conduct is conduct which is deemed unconscionable in line with general social standards. Find out more here.

What Is A Company Constitution? (2021 Update)

A company constitution is not always a legal requirement, but it is always a good idea to have one in place. Find out more in this article.
Not sure what you need?
Call and speak to one of our
consultants for free on
1800 529 728
Australia’s leading
Online legal website

Lawpath has been recognised as a
leader and innovator across the legal
sector.

Safe and Secure

We keep all your information
encrypted to ensure your
privacy and safety.