ADVISORY BOARD AGREEMENT
This Advisory Board Agreement effective as of _________________
is entered into by and between BLACK PHARMA (‘the Company’) and
_______________ (‘Advisor’). Individually referred to as ‘Party’ and
collectively referred to as ‘Parties’.
RECITALS
WHEREAS, Black Pharma is a social enterprise that seeks to increase the
presentation of black professionals across the Pharmaceutical industry;
WHEREAS, the Advisor has requisite skill and expertise in various aspects in Black
Pharma;
WHEREAS, the Company seeks to contract the services of the Advisor as a
member of the Company Advisory Board;
NOW THEREFORE, for valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the Parties agree to be bound as follows:
- Duties and Responsibilities of the Advisor. Advisor agrees to serve on the
Advisory Board and to attend periodic meetings as called by the Company
in its reasonable discretion, including face to face and online meetings.
Additionally, they will perform services related to their expertise from time
to time including providing guidance, advice and instructions to the Board. - Consideration. In Consideration of the Services provided by the Advisor,
they shall receive a monthly reimbursement of $ _______. - Term and Termination. The term of the Agreement shall commence on the
effective date and continue effectively for __ years. Advisor
may terminate this Agreement at any time after giving prior written notice to
the Company. The Company may terminate the Agreement if: the Advisor
has breached any of their obligations under this Agreement, provided
services to a competing company and engaged in any willful or egregious
conduct which is detrimental to the Company.
- Non-Compete. During the term of this Agreement, the Advisor shall refrain
from rendering similar services to Competing entities. They shall refrain
from engaging in services that - Independent Contractor. The Advisor is an independent contractor. The
Advisor shall not have any right, power, or authority to enter into any
agreement for or on behalf of, or incur any obligation or liability of, or
otherwise bind the Company. This Agreement shall not interpreted or
construed to create an association, joint venture, partnership, and
representative or employment relationship between the Parties or to impose
any partnership obligation or liability upon either Party. - Confidentiality. Confidential Information shall include contact lists, contact
information, company materials, individuals and business related with the
Company among others. The Company acknowledges that the Advisor may
receive material which is regarded as Confidential. The Advisor agrees not
to reproduce, including but not limited to photocopying, emailing
documents to email accounts, scanning, printing extra copies of any article,
study materials, writing or project files unless for the purposes of Advising
only. This Section shall inure after the termination of this Agreement. - Dispute Resolution. Any dispute arising between the Parties shall be solved
in good faith through mediation. - Governing Law. This Agreement shall be governed and construed according
to the Laws of London. - Entire Agreement. This Agreement constitutes the entire understanding and
agreement between the Parties with respect to the transactions
contemplated, and supersedes any and all prior or contemporaneous oral or
written representation, understanding, agreement or communication
between the Parties concerning the subject matter hereof. Neither Party is
relying upon any warranties, representation, assurance, nor inducements not
expressly set forth herein.
IN WITNESS WHEREOF, the Parties execute this Agreement as follows:
Name: ___________
Signature: __________
Date: _________________
Name: ___________
Signature: __________
Date: _______________
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