Bringing an advisor onto your startup? Set clear expectations on scope, term and compensation (cash or equity). Generate a free draft.
An Advisor Agreement formalises the relationship with a startup advisor — what they’ll help with, for how long, and how they’re compensated (a small cash fee, or more commonly a modest equity/ESOP grant that vests over time). It also covers confidentiality and IP, and clarifies the advisor is not an employee.
Advisor equity is typically small (often a fraction of a percent to a couple of percent) and should vest — so the advisor earns it by actually helping.
Fill in the details below and generate a ready-to-use draft in seconds — then copy, download or print it.
Typically a small amount — often between a fraction of a percent and around 2% — depending on the advisor’s value and involvement, and it should vest over time.
Yes — vesting (e.g. over 1–2 years) ensures the advisor earns their equity by actually contributing, and protects you if the relationship ends early.
No — an advisor is an independent contractor providing occasional guidance. The agreement makes this clear.
Yes — some advisors take a modest cash fee, some take equity, some both. The generator lets you specify whichever you agree on.
Our team drafts and vets founder & startup agreements tailored to your situation.
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