Advisory Board Member Agreement

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.

calendar_month

Last updated October 24, 2025

flag

Suitable for Australia

Advisory Board Member Agreement

Trusted by Over 650,000 Australians

Biteable logo
Canva logo
Hipages logo
Startup Australia logo
Pet Circle logo
Jim's Pool Care logo
Bell Property logo
AWS logo
legal documents graphic

Up-to-date compliance with regulations

Laws and regulations are continually evolving, and failure to comply can result in severe consequences for businesses. Our Advisory Board Member Agreement is constantly updated by legal professionals to ensure it stays up-to-date with the latest laws and regulations in Australia.

legal documents graphic

Advanced Al for Personalised Advisory Board Member Agreement

Leveraging advanced Al technology and guided questionnaires, we ensure the Advisory Board Member Agreement is customised to meet the unique needs and specific requirements of your business.

legal documents graphic

Efficiency and Convenience

With a few clicks and by answering a guided questionnaire, we incorporate your responses into a professionally drafted Advisory Board Member Agreement in under 5 minutes.

How it works

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

icon for step 01 explaining "Set up a free account"

STEP 01

Set up a free account

icon for step 02 explaining "Search and find the document you need from our list"

STEP 02

Search and find the document you need from our list

icon for step 03 explaining "Follow the prompts and fill in all the relevant details"

STEP 03

Follow the prompts and fill in all the relevant details

icon for step 04 explaining "View and share your ready to use legal document"

STEP 04

View and share your ready to use legal document

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.

docs

Create Unlimited Legal Documents And eSignatures For Only $39/month.

Upgrade to a Lawpath legal plan to boost your new business.

View plans & pricing

Meet Our Users

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.

Further information

docs

Your First Document Is On Us!

Sign up to a free Lawpath account.

Get started
group

Need Additional Assistance?

Our experienced lawyers are here to help.

Get help
plagiarism

Don't See What You're Looking For?

Search our extensive documents library

Browse all documents