MODEL CONSULTING AGREEMENT

MODELCONSULTING AGREEMENT
Thetextinitalicsisexplanatoryandshouldbereplacedorremovedinanyfinalagreement.
ThisAgreementismadeasof[date]between[nameofcompany](the“Company”)and
[nameofinvestigator](theConsultant”),an[investigatorrank] atTheRockefellerUniversity
(theUniversity”).TheCompanyisengagedinscientificresearchin[describeareainwhichthe
investigatorwillconsult,preferablyasnarrowaspossibletoallowtheinvestigatortopotentially
consultinotherfields](the“Field”).T heConsultanthasextensiveexperienceintheField,and
theCompanyseeksto benefit fromtheConsultantsexpertise by retainingtheConsultantasa
consultant.TheConsultantwishestoperformconsultingservicesintheFieldfortheCompany.
Accordingly,theCompanyandtheConsultantagreeasfollows:
1. Services.
(a) The Consultant shall provide [advice] [consulting services] to the Company with
respecttomattersrelatedtotheField.TheConsultant shall beengagedbytheCompanyasa
consultantfortheexchangeofideasonlyandshallnotdirectorconductresearchfororonbehalf
oftheCo mpany.
TheConsultant’sservices maybemor e specifically described in the agreement.
They may include: (i) serving on the Company’s scientific advisory board and
attending scientific advisory board meetings; (ii) providing scientific advice
regarding the Company’s product lines, the general direction of its research
program,recruitmentofpersonnel,andtechniquesusedinresearchintheField;
and(iii) generallyadvisingthe Companyinitseffortsto produce, develop, and
marketproducts intheField.
(b)UponrequestbytheCompany,andattimesmutuallyagreeduponbytheCompany
and the Consultant, the Consultant shall devote up to [number] days annually to providing
consultingservicestotheCompany pursuanttothis Agreement.
Please reviewthetime that will be required underthe agreement in lightof (i)
anypreexistingnonUniversitycommitments,and(ii)theUniversity’sPolicyon
Conflict of Commitment which requires that no more than 52 days per year be
devotedtoexternalactivitiessolongasaninvestigator’sUniver sityworkisnot
adverselyaffected.
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