Advisory Board Member Agreement by bobzepfel

VIEWS: 616 PAGES: 3

More Info
									                      ADVISORY BOARD MEMBER AGREEMENT

       THIS ADVISORY BOARD MEMBER AGREEMENT (this “Agreement”) is made
and entered into effective this  of                   (the “Effective Date”), by and
between                         (the “Corporation”) and              , an individual (the
“Member).

                                          RECITALS


        A. The Corporation has established and created an advisory board (the “Advisory
Board”), pursuant to which the Advisory Board shall provide objective information and advice
to the Board of Directors of the Corporation on areas involving the Corporation’s intellectual
property and its products and services;

       B. The Advisory Board shall consist of not less than three members who will serve for a
term of not less than two years;

       C. The Member of the Advisory Board shall be technically knowledgeable and
competent in the technical disciplines appropriate to understanding the Corporation’s intellectual
property and its products and services;

       D. The Member desires to accept such appointment to the Advisory Board on such
terms and conditions.

        NOW, THEREFORE, in consideration of the above recitals incorporated herein and the
mutual covenants and promises contained herein and other good and valuable consideration, the
receipt and sufficiency of which are hereby expressly acknowledged, the parties agree as
follows:

1.      Appointment and Responsibilities.

1.1    Appointment. The Corporation does hereby appoint the Member for a two-year term to
       the Advisory Board (the “Appointment”) on the terms and conditions expressly set forth
       in
								
To top