Terms of Service

Terms & Conditions for Fractional C-Suite Consultancy, Board Advisory, and/or Non-Executive Director Services.

Note: Executive Coaching Services Terms of Service can be found on the Founders Compass website here.

1. Scope of Services

The Consultant will provide fractional [COO/CSO/CCO] consultancy, board advisory, or non-executive director services to support your company in achieving its strategic objectives. This includes, but is not limited to:

  • Strategic advice on strategy, operational improvements, commercial models, product, and corporate governance.

  • Participation in board meetings and committees as agreed.

  • Mentorship and guidance for senior executives.

The Consultant’s role is advisory and does not include operational execution unless otherwise specified in writing.

2. Fees and Payment Terms

The Client agrees to pay the Consultant fees as specified in the Engagement Agreement:

  • A daily rate

    or

  • A monthly retainer fee

    and

  • A daily rate for additional work outside the scope of the retainer

  • All fees are payable in advance.

  • Reimbursement for additional expenses associated with travel & subsistence may be agreed contingent on requirements and reasonableness.

Invoices will be issued on the 1st day of each month and are payable within 14-days or prior to the commencement of our engagement, whichever is sooner.

3. Cancellation and Termination

This Agreement may be terminated by either party with 30-days’ written notice.

Upon termination, the Consultant will provide reasonable assistance to transition responsibilities to another party as requested by the Client.

No refunds will be issued for unused portions of a monthly retainer.

4. Confidentiality and Non-Disclosure

The Consultant agrees to maintain the confidentiality of all information disclosed during the course of this engagement, including but not limited to strategic plans, financial data, and personnel matters.

This obligation survives the termination of this Agreement.

5. Conflict of Interest

Following a discovery call with you, the Consultant will represent that they are not currently engaged in any activities or relationships that may conflict with their obligations under this Agreement.

The Consultant agrees to disclose any potential conflicts of interest that arise during the term of this Agreement.

6. Liability and Indemnity

The Consultant shall not be held liable for any indirect, incidental, or consequential losses arising from the Client’s reliance on advice provided under this Agreement, except in cases of gross negligence or wilful misconduct.


The Client agrees to indemnify the Consultant against any claims arising from actions taken by the Client based on advice provided under this Agreement.

7. Compliance with Legal and Regulatory Requirements

The Consultant agrees to act in accordance with applicable laws, corporate governance standards, and the Client’s policies, including but not limited to those relating to ethics, conflicts of interest, and data protection.

8. Intellectual Property

Any materials, strategies, or work products created by the Consultant during the engagement shall remain the property of the Client.

The Consultant retains the right to use non-confidential elements of their methodologies in other engagements.

9. Governing Law and Jurisdiction

This Agreement is governed by the laws of England and Wales. Any disputes arising under this Agreement shall be resolved in the courts of England and Wales.

10. Meeting Attendance and Time Commitment

The Consultant agrees to attend all scheduled board meetings and provide ongoing advice as agreed.

The Consultant will allocate an approximated number of days or hours per month to fulfil the requirements of this role, as per the engagement agreement between the parties.