Scientific Advisory Board Agreement Template

15. Compliance with guidelines. The company recognizes that the advisor, as an employee of a non-profit organization, is responsible for ensuring that any agreement reached by the consultant with a for-profit organization does not conflict with the intellectual property, advice, conflicts of interest and other policies of the consultant`s employer. The advisor indicates that he provided all necessary information to the advisor`s employer and that he received all necessary authorizations from the advisor`s employer. 7.2.6. The consultant acknowledges that the company may, from time to time, have agreements with other persons or with the United States government or their agencies, which impose obligations or restrictions on the company`s obligations or restrictions on inventions made during work under such agreements or with respect to the confidentiality of such work. The advisor undertakes to be bound by all obligations and restrictions of which he is aware and to take all necessary measures to comply with the obligations of the company under these agreements. 9.1. The advisor assures and assures the company that the advisor currently has no agreement with or against contrary interests or other obligations to third parties that would conflict with the terms of this agreement and the company`s activities and in the priority areas of the company`s intellectual property portfolio, and the advisor cannot enter into such an agreement. , or make such a commitment or make such a commitment. , without the company`s prior written consent. The Advisor also indicates that the provision of services does not violate any agreement or obligation with third parties, including, but not only, the obligation not to participate in activities that might compete with that party. The consultant understands the confidentiality of the information and materials he will acquire or develop in the course of his services under this agreement.

The consultant acknowledges that if such information or materials were disclosed to competitors of the company, such disclosure could cause harm to the company. Therefore, for the duration of the consultation period and for the next three (3) years, the consultant may not engage in any activity that would compete with the company, including, without limitation, creation or other participation in another company active in this sector (except as a shareholder of less than 2% of the stock of shares of a publicly traded company). provided that Advisor does not exercise operational or strategic control over that company, that it exercises as a consultant, that it sits as a member of a scientific committee or similar organization, or that it acts in some way on behalf of another for-profit company operating or competing in activities similar to that of the company, without first obtaining the written agreement of the entity. Without prejudice to the above, nothing contained in this section 9 or elsewhere in this Agreement, the liberty or ability of the advisor to perform his duties and responsibilities to the advisor`s employer, or in any other way. The company undertakes not to unduly retain or delay its agreement on the consultant`s activities in areas where the company has no activity or does not intend to develop activities. This press release contains forward-looking statements within the meaning of federal law, including statements about the performance of the technology described in this press release.