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