The Fractional Exec Engagement Letter

We are hiring a fractional executive: [THE ROLE, HOURS PER WEEK, RATE, WHAT SUCCESS LOOKS LIKE IN 90 DAYS, WHAT ACCESS AND AUTHORITY THEY GET]. Draft the engagement letter: scope written as outcomes not hours (hours breed timesheet thinking), the authority line (what they can decide versus what needs the founder), the confidentiality and IP assignment that actually covers advisory work, the termination-for-convenience both ways with notice, the conflict-of-interest disclosure for their other clients, and the 30-day check-in that decides continue, adjust, or stop.