Advisory Board Member Agreement (Short Form)
A streamlined Advisory Board Member Agreement that engages an advisor with clear expectations, equity or fee terms, confidentiality, and no implied board duties, focused on the terms that carry the risk.
It is deliberately shorter than the standard version, and we tell you exactly which protections were traded away for that. A shorter agreement for a transaction that does not warrant the full protective set, drafted so nothing load-bearing is missing.
Frequently asked questions
The fee covers the finished document, filing-ready or send-ready as applicable, the supporting exhibits or attachments described in the scope, and a short cover memorandum explaining the choices made. It is fixed at this scope: one advisor. 2 rounds of revisions are included. If your matter falls outside that scope we tell you before starting and quote the difference — we do not bill past a flat fee without agreeing it first.
2 business days from a complete set of instructions, plus time for the 2 rounds of revisions included in the fee. If you are working to a court deadline or a closing date, tell us when you order and we will confirm in writing whether we can meet it before you commit.
$575 is $325/hour × 1.75 hours — the time this deliverable takes in an ordinary governance matter, at the firm's standard rate. Because it is a flat fee, the risk of the work running long sits with the firm: you pay $575 whether it takes us the estimate or twice it.
Third-party costs are never inside a flat fee and are passed through at cost, never marked up: court and agency filing fees, court reporter and transcript charges, expert witness fees, search vendor and e-discovery hosting charges, process server fees, and travel.
The business terms you have agreed so far, the counterparty and which side of the deal you are on, any existing draft, term sheet, or prior agreement, and your risk tolerance on the provisions that matter most to you. Send what you have — if something is missing we will tell you what else we need before the turnaround clock starts.
Clients also order
Other Governance work MC Law prepares on a flat fee.
Advisory Board Member Agreement — Review and Redline
A review and redline of a counterparty's Advisory Board Member Agreement, the agreement that engages an advisor with clear expectations, equity or fee terms, confidentiality, and no implied board duties.
Board Observer Agreement — Review and Redline
A review and redline of a counterparty's Board Observer Agreement, the agreement that gives an investor visibility into board meetings without the fiduciary exposure of a seat.
Board Observer Agreement (Short Form)
A streamlined Board Observer Agreement that gives an investor visibility into board meetings without the fiduciary exposure of a seat, focused on the terms that carry the risk.
Shareholder Written Consent and Notice Package — Review and Redline
A markup of a Shareholder Written Consent and Notice Package you have been handed, the document that obtains and papers shareholder approval, including the notice required for non-consenting holders.