As a general rule, this depends on whether or not an advisor has the right to financial compensation. As a general rule, consultants receive a small amount of equity or shares as a means of compensation that must be described in the agreement. As a general rule, companies will discuss with the board of directors how much compensation the advisor will receive in order to obtain written authorization. The advisor must purchase these shares at face value and not at the price paid by investors or other buyers. The Board of Directors is working to adopt sub-advisory agreements on behalf of portfolios and an amendment to the advisory agreement on behalf of the Federated Portfolio and the MFS portfolio. As part of the consultant`s agreement, it should be noted that the advisor has no right to the company`s IP address; he/she only has access to it if it is necessary for the implementation of the necessary consulting services. The duration of the employment and the nature of the termination should be described in the agreement. Sometimes it is not known how long the advisor will be with the company, so as a general rule, the contract is terminated when the advisor no longer adds any value. In this way, it is a good idea for the company and for the advisor to agree on a notification period during which each party collects a notice before a certain number of days before the termination of the contract. Independent contractors. The aim of consultant agreements is to avoid conflict and to clarify the duration of the contract. This should allow for a successful and professional working relationship.
Non-disclosure of confidential information should also be included in the consultant`s agreement. As a result, not all confidential information about the company is shared with third parties by the consultant. It should also be noted that by respecting this part of the agreement, it is ready to preserve the company`s secrets as best as possible. The return of certain company documents in the event of termination must also be respected. In addition to certain technical or regulatory changes, the investment advisory agreement has been amended so that the agreement can be terminated without cause, notifying in writing, for 24 months, one of the two companies or the investment advisor to the other company, which cannot be granted until February 29, 2020.