Onboard advisors quickly with this standard template.
Advisors are key to the success of many startups. From providing critical advice and market information, to connecting founders with key customers and potential hires, advisors accelerate what matters most; especially early on.
This Advisor Agreement template seeks to balance the interests of companies and advisors in the following key areas:
- Compensation. Advisors are compensated in cash, stock options, or some additional type like commission. Our template provides avenues to explore all of these options.
- Term. Flexible terms for both the Company and Advisor to determine what is best for them.
- Termination. Flexible terms for both the Company and Advisor to determine what is best for them.