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1. Parties: Identifies the startup company and the advisor, including their full legal names, registration numbers (if applicable), and addresses
2. Background: Sets out the context of the agreement, including the startup's business and the advisor's expertise
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Appointment and Term: Establishes the advisor's role and the duration of the engagement
5. Advisor Services: Details the specific services, responsibilities, and commitments expected from the advisor
6. Time Commitment: Specifies the expected hours or level of involvement from the advisor
7. Compensation: Outlines the advisor's compensation structure, including cash fees, equity, or both
8. Confidentiality: Defines confidential information and establishes obligations to maintain confidentiality
9. Intellectual Property: Addresses ownership and rights to any IP created during the advisory relationship
10. Independent Contractor Status: Clarifies that the advisor is an independent contractor, not an employee
11. Termination: Specifies how and when either party can end the agreement
12. General Provisions: Contains standard legal clauses including governing law, notices, and entire agreement
1. Non-Competition: Restricts the advisor from working with competing businesses - used when the advisor has access to sensitive competitive information
2. Board Observer Rights: Grants the advisor rights to attend board meetings - used when the advisor has a more strategic role
3. Expense Reimbursement: Details how expenses will be handled - used when the advisor is expected to incur expenses in their role
4. Equity Vesting: Specifies the vesting schedule for any equity compensation - used when equity is part of compensation
5. Representations and Warranties: Additional guarantees from either party - used in more formal or high-stakes advisory relationships
6. Indemnification: Provisions for protecting the advisor from liability - used in high-risk advisory situations
7. Assignment: Rules about transferring the agreement - used when there's potential for corporate restructuring or advisor role transfer
1. Schedule A - Services Description: Detailed outline of the specific advisory services to be provided
2. Schedule B - Compensation Terms: Detailed breakdown of compensation structure, including any equity calculations or vesting schedules
3. Schedule C - Approved Outside Activities: List of the advisor's other commitments that have been disclosed and approved
4. Schedule D - Confidentiality Agreement: Detailed confidentiality terms and requirements
5. Appendix 1 - Share Option Agreement: If applicable, the terms of any share options granted to the advisor
6. Appendix 2 - Company Policies: Relevant company policies that the advisor must comply with
Technology
E-commerce
Financial Technology
Healthcare Technology
Educational Technology
Biotechnology
Clean Technology
Software Development
Digital Services
Consumer Products
Manufacturing
Professional Services
Social Enterprise
Agriculture Technology
Legal
Executive
Finance
Human Resources
Corporate Development
Business Development
Operations
Board of Directors
Corporate Secretarial
Compliance
CEO
Founder
Co-founder
Chief Legal Officer
General Counsel
Legal Counsel
Company Secretary
Chief Financial Officer
Head of Business Development
Chief Technology Officer
Chief Operating Officer
Startup Advisor
Business Advisor
Technical Advisor
Industry Expert
Strategic Consultant
Board Member
Director
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