template

Advisory Agreement (Payment via Salary or Share Options)

by
C
Chris Young
Aug, 18 2022

When to use this template

  • Use this agreement when bringing an advisor on board to formalise variables such as job role and responsibilities, duration of contract and compensation.

  • The agreement also sets forth certain key terms such as confidentiality and intellectual property.

  • Remuneration in the form of salary and Share Option Agreement

Key issues covered in this template

  • Intellectual property ownership and assignment

  • Term and termination

  • Provision of service

  • Conflicts of interest

  • Independent contractor status

  • Personal data

  • Variation of agreement

  • Confidential information and trade secrets

  • Governing law and jurisdiction

  • Share purchase options

  • Company's right to disclose

What to watch out for

  • Payment via equity is the most common choice when taking on an advisor - see our Advisor Agreement if choosing equity only

130

Used by

Author

C

Chris Young

@chris75410632
Genie AI Team

NEXTCHAIN LTD.
Amura Launch Partners
Alchemic
Vincent Lauer
Dragonfly Asset Management
Inncommon ltd
Boda Labs Ltd
Synthesis Enterprise Solutions Limited
MBV Holdings Limited
iBinary LLC
F
P
+118 more
Technology
22%
Consultancy
20%
Legal Services
12%
Finance
11%
Other
8%
Consumer, Public & Health Services
3%
Education
3%
Sport & Entertainment
3%
Media
3%
Manufacturing
3%
Retail
3%
Agriculture, Forestry and Fishing
2%
Insurance
2%
Wholesale
2%
Transport
1%
Real Estate
1%
Construction
1%

2 years ago

Genie

Genie Team

Edited formatting

2 years ago

Genie

Genie Team

Made tweaks to help founders discern between this template (payment via salary or share options) and the advisor agreement template (payment via equity only).

3 years ago

Genie

Genie Team

Description updated

3 years ago

Genie

Genie Team

Description updated

3 years ago

C

Chris Young

v2

4 years ago

C

Chris Young

Additional information

Business categories

Business activities

Contract type

Relevant sectors

Other

Relevant company sizes

1 - 3

20 - 49

250 - 999

4 - 19

50 - 249

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes