I´m looking for a tempate to formalize compensation for a Scientific Advisor for a project I´m working on — Harvard Med School Prof.
You will need an Advisory Services Agreement with your prospective advisor. As with any arrangement that needs to be documented by a written contract, asking for a “template” may be asking for trouble. There is a wide range of approaches to memorializing an advisory agreement like this, and you need to make sure a contract is customized to the specific terms agreed upon between you and your advisor. There are some basic “boilerplate” provisions that will probably be in any consulting agreement of this sort, including terms that specify that this is an independent contractor relationship. You can easily find examples of this type of agreement on the Internet, but I would recommend that you consult with a business attorney for purposes of making sure that the final agreement is well tailored to your specific arrangement.
by Naomi Kokubo
As Eric mentions above, asking for a “template” may be asking for trouble. That said, I’m providing a template that one of our members submitted. I recommend getting a lawyer to draft your own agreement, but this should give you some idea of what an Advisory Agreement typically contains.
Advisory Template in MS Word:
Advisory Template in PDF:
I hope this helps!