The Situation
A Swiss startup was assembling an advisory board to gain expert insights and industry connections. However, they lacked clear agreements defining roles, responsibilities, and compensation. Without proper contracts, there was uncertainty about decision-making, confidentiality, and expectations—creating potential legal and operational risks. They needed a structured approach to make their advisory board effective and legally sound.
Our Approach
Alfred provided a customized advisory board agreement, ensuring clarity and legal protection for both the company and its advisors. We covered:
Clear role definitions outlining advisor responsibilities and limitations.
Compensation structures for equity, cash, or other incentives.
Confidentiality and IP protection to safeguard sensitive business information.
The Impact
With these agreements in place, the company now has a well-structured advisory board that supports growth while minimizing legal risks. Advisors know their roles, and the company is protected from misunderstandings or disputes.
“Alfred made setting up our advisory board simple. Now, we can focus on getting value from our advisors, knowing everything is legally covered.” - Founder
The Team
Comments