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

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Used by

Author

C

Chris Young

@chris75410632
Genie AI

B
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+8 more
Technology
27%
Consultancy
15%
Legal Services
14%
Finance
12%
Other
5%
Sport & Entertainment
5%
Consumer, Public & Health Services
4%
Education
3%
Agriculture, Forestry and Fishing
3%
Media
3%
Retail
3%
Manufacturing
2%
Insurance
2%
Wholesale
1%
Transport
1%

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