¶¶Òõ¶ÌÊÓƵ

All Countries
Investment
Advisory Shares Agreement

Advisory Shares Agreement Template for Canada

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Advisory Shares Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Advisory Shares Agreement

"I need an Advisory Shares Agreement for our Toronto-based technology startup to engage a senior AI expert as an advisor, granting them 50,000 common shares vesting over 2 years with a 6-month cliff, including strict IP protection clauses and board observer rights."

Celebrated by
Collaborations with
Investors
Document background
The Advisory Shares Agreement is a critical document used when companies wish to compensate advisors with equity instead of or in addition to cash compensation. This agreement is particularly relevant for Canadian startups and growth companies seeking to attract experienced advisors while preserving cash resources. The document must comply with Canadian securities laws, including federal and provincial regulations, and typically includes detailed provisions about share grants, vesting schedules, advisor duties, and protective covenants. The Advisory Shares Agreement should be carefully drafted to address securities law compliance, tax implications, and corporate governance requirements specific to Canadian jurisdictions. It's commonly used when engaging industry experts, seasoned entrepreneurs, or subject matter specialists who can provide valuable guidance to the company's development and growth.
Suggested Sections

1. Parties: Identification of the Company and the Advisor, including full legal names and addresses

2. Background: Context of the advisory relationship and purpose of the agreement

3. Definitions: Key terms used throughout the agreement, including 'Advisory Shares', 'Vesting Period', 'Services', etc.

4. Appointment and Services: Scope of advisory services to be provided and terms of appointment

5. Share Grant: Details of the advisory shares being granted, including number of shares, class, and any restrictions

6. Vesting Terms: Vesting schedule, conditions, and acceleration provisions if applicable

7. Advisor's Obligations: Specific duties, time commitment, and performance expectations

8. Representations and Warranties: Standard representations from both parties, including advisor's sophistication and company's authority to issue shares

9. Confidentiality: Protection of company confidential information

10. Intellectual Property: Ownership and assignment of IP created during the advisory relationship

11. Term and Termination: Duration of the agreement and grounds for termination

12. General Provisions: Standard boilerplate including governing law, notices, amendments, etc.

Optional Sections

1. Non-Competition: Restrictions on advisor's involvement with competing businesses - include if advisor has access to sensitive competitive information

2. Non-Solicitation: Restrictions on soliciting company employees or customers - include if advisor has significant contact with key stakeholders

3. Tax Matters: Specific tax handling and responsibilities - include if complex tax implications exist or if advisor is non-resident

4. Board Observer Rights: Rights to attend board meetings - include if advisor is senior executive or industry expert

5. Expense Reimbursement: Terms for reimbursing advisor expenses - include if travel or other expenses are expected

6. Insurance and Indemnification: Coverage of advisor under company insurance - include if advisor role carries significant liability risk

Suggested Schedules

1. Schedule A - Services Description: Detailed outline of advisory services to be provided

2. Schedule B - Share Vesting Schedule: Detailed vesting timeline and milestones

3. Schedule C - Share Rights and Restrictions: Detailed terms of the share class being issued

4. Appendix 1 - Accredited Investor Certificate: Certification of advisor's accredited investor status if required

5. Appendix 2 - IP Assignment Agreement: Detailed IP assignment terms and procedures

6. Appendix 3 - Share Transfer Restriction Agreement: Detailed share transfer restrictions and procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions















































Clauses



































Relevant Industries

Technology

Biotechnology

Financial Services

Clean Energy

Healthcare

Manufacturing

Professional Services

E-commerce

Software Development

Consulting

Media and Entertainment

Real Estate

Education Technology

Artificial Intelligence

Relevant Teams

Legal

Human Resources

Finance

Corporate Governance

Executive Leadership

Board of Directors

Compensation

Corporate Development

Relevant Roles

CEO

Chief Legal Officer

Corporate Secretary

General Counsel

Board Member

Chief Financial Officer

VP of Human Resources

Legal Counsel

HR Director

Compensation Manager

Corporate Governance Manager

Equity Compensation Specialist

Industry Advisor

Technical Advisor

Strategic Advisor

Executive Advisor

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Financial Advisor Non Solicitation Agreement

A Canadian-compliant agreement protecting financial institutions' client relationships by restricting financial advisors' ability to solicit clients post-employment.

find out more

Sub Advisory Agreement

A Canadian-law governed agreement establishing the delegation of investment management responsibilities from a primary adviser to a sub-adviser, subject to securities regulations.

find out more

Business Consultant Agreement

A Canadian-law governed agreement establishing terms and conditions between a business consultant and client company for professional consulting services.

find out more

Financial Advisor Independent Contractor Agreement

Canadian-law governed agreement establishing the independent contractor relationship between a financial services firm and a financial advisor, including regulatory compliance and operational terms.

find out more

Board Of Advisors Agreement

A Canadian-compliant agreement establishing the terms and conditions for advisory board members, including their roles, responsibilities, and compensation.

find out more

Financial Advisor Contract

A Canadian-compliant agreement establishing the terms and conditions between a financial advisor and client, outlining services, obligations, and regulatory requirements under federal and provincial law.

find out more

Investment Advisory Agreement

A Canadian-law governed agreement establishing the terms and conditions between an investment advisor and client for the provision of investment advisory services.

find out more

Senior Advisor Agreement

A Canadian-law governed agreement establishing terms for engaging a senior advisor as an independent contractor, including services, compensation, and obligations.

find out more

Financial Consulting Engagement Letter

A Canadian-compliant engagement letter establishing the terms and conditions between a financial consultant and client, outlining services, fees, and professional obligations.

find out more

Financial Consultant Contract

A Canadian-law governed agreement establishing terms and conditions for financial consulting services, including scope, compensation, and regulatory compliance requirements.

find out more

Advisory Shares Agreement

A Canadian agreement governing the issuance of company shares to an advisor in exchange for advisory services, compliant with federal and provincial securities laws.

find out more

Financial Advisor Confidentiality Agreement

Canadian-compliant confidentiality agreement for financial advisors, ensuring protection of sensitive client and proprietary information under federal and provincial laws.

find out more

Advisor Contract

A Canadian-law governed agreement establishing terms and conditions for independent advisory services, defining the scope, compensation, and obligations between a company and an advisor.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.