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Startup Advisor Equity Agreement Template for Switzerland

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Key Requirements PROMPT example:

Startup Advisor Equity Agreement

"I need a Startup Advisor Equity Agreement for our Swiss fintech company, offering 1% equity vesting over 2 years to a senior banking executive who will advise on regulatory compliance and market expansion strategy."

Document background
The Startup Advisor Equity Agreement is essential for early-stage companies operating under Swiss law who wish to engage experienced professionals as advisors while preserving cash resources. This document is typically used when a startup wants to formalize a relationship with an advisor who brings valuable expertise, industry connections, or strategic guidance to the company. The agreement details the equity compensation structure, including vesting provisions that align with Swiss corporate law requirements, while clearly defining the advisor's roles, responsibilities, and commitments. It addresses key aspects such as confidentiality, intellectual property rights, and potential conflicts of interest, all within the framework of Swiss legal requirements. This type of agreement is particularly important for Swiss startups as it helps establish clear expectations and protections for both parties while ensuring compliance with local securities regulations and tax implications.
Suggested Sections

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

2. Background: Context of the agreement, including the company's business and advisor's expertise

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope: Terms of advisor appointment and scope of advisory services

5. Equity Compensation: Details of equity grant, including type, amount, and vesting schedule

6. Vesting Terms: Specific conditions and timeline for equity vesting

7. Services and Commitments: Detailed description of advisory services and time commitment expected

8. Term and Termination: Duration of the agreement and conditions for termination

9. Confidentiality: Protection of company's confidential information

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

11. Representations and Warranties: Statements of fact and promises by both parties

12. General Provisions: Standard legal provisions including governing law, notices, and amendments

Optional Sections

1. Non-Competition: Restrictions on advisor's involvement with competing businesses, optional based on company needs and local enforceability

2. Non-Solicitation: Restrictions on soliciting company employees or customers, used when advisor has significant access to internal resources

3. Board Observer Rights: Rights to attend board meetings, included when advisor is granted board observer status

4. Expense Reimbursement: Terms for reimbursing advisor expenses, included if company will cover certain costs

5. Additional Services: Framework for engaging advisor in additional services beyond basic scope, used when anticipating potential expanded role

6. Tax Matters: Specific tax-related provisions, included when complex tax implications exist

7. Insurance: Requirements for professional liability insurance, included for high-risk advisory roles

Suggested Schedules

1. Schedule A - Services Description: Detailed outline of specific advisory services and deliverables

2. Schedule B - Equity Terms: Detailed terms of equity grant, including number of shares/options and vesting schedule

3. Schedule C - Vesting Schedule: Detailed vesting timeline and conditions

4. Schedule D - Company IP: List of company's existing intellectual property

5. Appendix 1 - Share Transfer Restrictions: Detailed provisions regarding transfer restrictions on granted equity

6. Appendix 2 - Shareholders' Agreement Adherence: Terms for advisor's adherence to existing shareholders' agreement

7. Appendix 3 - Tax Forms: Required tax forms and declarations under Swiss law

Authors

Alex Denne

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

Relevant legal definitions
































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Relevant Industries

Technology

Fintech

Biotech

Healthcare

E-commerce

Software as a Service

Clean Technology

Internet of Things

Artificial Intelligence

Digital Media

Consumer Products

Enterprise Software

Blockchain

Renewable Energy

Manufacturing

Professional Services

Relevant Teams

Legal

Executive Leadership

Corporate Development

Human Resources

Finance

Board of Directors

Compliance

Corporate Secretary Office

Relevant Roles

Startup Founder

CEO

Business Advisor

Industry Expert

Technical Advisor

Strategic Consultant

Board Advisor

Executive Mentor

Chief Technology Officer

Chief Financial Officer

Investment Advisor

Marketing Strategist

Product Development Expert

Growth Consultant

Operations Advisor

Sales Strategy Expert

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

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