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

136

Used by

Author

C

Chris Young

@chris75410632
Genie AI Team

Alchemic
Lambert Toolkit
OneUp Sales
NEXTCHAIN LTD.
Milliken Law Ltd.
Inncommon ltd
d
Projekt 42
Butterfly Wellness Ltd
The Cope Clinic
Ludovica
Cognitio Digital
+124 more
Technology
23%
Consultancy
19%
Legal Services
12%
Finance
11%
Other
8%
Consumer, Public & Health Services
3%
Sport & Entertainment
3%
Education
3%
Manufacturing
3%
Retail
3%
Media
2%
Agriculture, Forestry and Fishing
2%
Insurance
2%
Wholesale
2%
Transport
2%
Real Estate
1%
Construction
1%

3 years ago

Genie

Genie Team

Edited formatting

3 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